Monopoly and Cartels: Hearings Before a Subcommittee of the Select Committee on Small Business, United States Senate, Eighty-second Congress, Second Session, on the Impact of Monopoly and Cartel Practices on Small Business, Part 1

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Page 41 - postwar" and "planning" were wedded, the manufacture of heavy steel barrels and drums was a rather volatile business firmly in the hands of a large number of highly individualistic entrepreneurs. Most of these fabricators had started on a precarious shoestring and were justifiably vocal in their pride of success in the classical "Horatio Alger. pluck and luck tradition.
Page 23 - ... nothing herein contained shall prevent persons engaged in selling goods, wares, or merchandise In commerce from selecting their own customers in bona fide transactions and not in restraint of trade.
Page 132 - ... therefore, by diplomatic representations, should exert its influence in behalf of a sound oil policy. It should seek to assure the observance of agreements made between foreign governments and American nationals and to minimize the political risks involved in foreign operations. If American firms are to do business abroad, they must conform to the laws and customs of the countries in which they operate. American companies should not be penalized on occasions when such requirements conflict with...
Page 81 - AND DIRECTING A SELECT COMMITTEE TO MAKE A FULL AND COMPLETE STUDY AND INVESTIGATION WITH RESPECT TO THE CONCENTRATION OF ECONOMIC POWER IN, AND FINANCIAL CONTROL OVER, PRODUCTION AND DISTRIBUTION OF GOODS AND SERVICES MONOGRAPH No.
Page 138 - Tanura, at the moment, it is convinced that the companies should be asked to study the question of bringing present prices into line with the developing supply situation. At the same time, the EGA should reconsider the present formula with a view to the possibility of its abandonment.
Page 137 - Our announced fob prices for crude-oil supplies at the eastern Mediterranean or Persian Gulf are equivalent to the Caribbean price for crude plus freight at published United States Maritime Commission rates from the Caribbean to western Europe less freight on the same basis from either the eastern Mediterranean or the Persian Gulf depending on the supply point to western Europe.
Page 23 - That it shall be unlawful for the owner or operator of any mine or for any person controlling the product of any mine engaged in selling its product in commerce to refuse arbitrarily to sell...
Page 133 - The one final way in which we can improve the condition of the worker is to produce more, in order that there may be more to divide.
Page 41 - Co., Chicago, by the United States Steel Corp. pretty well completed the capture of the entire barrel and drum business by major steel producers. Some 87 percent of the business representing about 435,500 tons of steel consumption yearly has been corralled by the mills, and the remaining 64,500 tons of independent capacity will probably remain so for a variety of reasons.
Page 139 - Gulf ports has declined by 28?? a barrel. The present figure appears to be close to the delivered price at American East Coast ports less tariff and competitively determined transport costs from the Persian Gulf. The price fob so determined is the minimum price that Persian Gulf producers can expect to receive.

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