Du Pont and GM Split Faces Court Ruling on Monopoly Law
The court continues to decide how much a smailer percentage may be retained as Du Pont and GM unwind their supplier customer ties. Brennan's opinion stresses Section 7 of the Clayton Act targets restraints or monopolies in a relevant market and bans acquisitions that lessen competition, whether or not actual restraints occur, with the 1930 amendment clarifying if supplier stock purchases of a customer fall under the act. The case centers on whether Du Pont's leading finish supplies to GM stemmed from competitive merit or intercompany control.
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Love Fest With House GOPers at Capitol
President Eisenhower attended a GOP harmony lunch at the Capitol with 150 to 175 of about 200 House Republicans. He avoided endorsing controversial policies while praising party unity. Leader Joseph Martin Jr hosted the event as lawmakers sought to greet the President and share pleasantries amid ongoing intraparty debates.
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Eisenhower to Witness Naval Maneuvers Aboard Saratoga
President Eisenhower will view a spectacular display of American air and sea power including atomic attack techniques from the 10,000 ton carrier Saratoga off Florida's east coast. He will fly from Washington Thursday morning to Mayport Naval Base near Jacksonville and go aboard the Saratoga at 10:30 a.m. with administrative aides aboard.
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Pride Shrinks As Hair Loss Drives Confessional Tale
A fragmented reminiscence details a man’s hair loss saga fueled by boredom and failed cures. He recalls druggist anecdotes, countered remedies, and wives’ reproaches as he searches vainly for a revival of youth. The narrative highlights obsession, self-image, and humor amid aging.
Cabinet bachelor Reich minister Strauss marries in Germany
German defense minister Franz Josef Strauss, 41, married Marianne Zwickling in a ceremony that left Foreign Minister Ernst von Weizsäcker as the cabinet’s only bachelor. Chancellor Adenauer’s cabinet now has one bachelor among senior ministers.
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Bandits Take $12,000 From Bar and Club Owner
The bar owner Weldon Horgan and his wife Hortense were bound by a man and a young woman who forced them into a bedroom and ransacked the premises. The bandits fled with about $12,000 including a $10,000 debt payment and an extra $200 from the trousers pocket. Police reported the incident occurred around 7 a.m. in Tulare California.
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