A Study of Th Antitrust Laws: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Eighty-fourth Congress, First Session, to Study the Antitrust Laws of the United States, and Their Administration, Interpretation, and Effect, Pursuant to S. Res. 61

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U.S. Government Printing Office, 1955 - 4617 pàgines
 

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Pàgina 3370 - Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan 'Press On' has solved and always will solve the problems of the human race.
Pàgina 3648 - O'MAHONEY. The committee will now stand in recess until 2 o'clock this afternoon. (Whereupon, at 12 : 30 pm, a recess was taken until 2 pm, of the same day.) AFTERNOON SESSION Senator O'MAHONEY.
Pàgina 3375 - The saga•cious reflection, that a bird in the hand was worth two in the bush...
Pàgina 3509 - General Motors has no assured markets. We have no protection against competition. Nor do we have any guaranteed rate of return on our capital. We buy our materials and parts in the same markets as our competitors and at comparable prices. We pay at least the same wages for equivalent labor as they do. The equipment we purchase is equally available to them at the same prices.
Pàgina 3202 - Co., have been, and still are, imposing on their respective dealers unfair and inequitable conditions of trade, by requiring such dealers to accept, and operate under, agreements that inadequately define the rights and obligations of the parties and...
Pàgina 3487 - ... can be done, place in charge of each part the most capable executive that can be found, develop a system of coordination so that each part may strengthen and support each other part; thus not only welding all parts together in the common interests of a joint enterprise, but importantly developing ability and initiative through the instrumentalities of responsibility and ambition — developing men and giving them an opportunity to exercise their talents, both in their own interests as well as...
Pàgina 3613 - BE IT FURTHER RESOLVED, that a copy of this resolution be spread upon the minutes of this meeting and that a copy thereof be sent to the family of Robert C.
Pàgina 3573 - An acceptable theory of pricing must be to gain, over a protracted period of time, a margin of profit which represents the highest attainable return commensurate with capital turnover and the enjoyment of wholesome expansion, with adequate regard to the economic consequences of fluctuations in volume. Thus, the profit margin translated into its salient characteristic rate of return on capital employed is the logical yardstick with which to gage the price of a commodity with regard to collateral circumstances...
Pàgina 2961 - UNITED STATES SENATE, SUBCOMMITTEE ON ANTITRUST AND MONOPOLY OF THE COMMITTEE ON THE JUDICIARY, Washington, DC The subcommittee met, pursuant to recess, at 10 : 15 am, in room 457, Senate Office Building, Senator Joseph C. O'Mahoney presiding. Present : Senator O'Mahoney, Senator Langer, and Senator Wiley, Also present: Joseph W.
Pàgina 2931 - more and better things for more people'' means to the consumers. 3515 Outlir.ed briefly pricing policies and practices. 3516 Chart inserted at this point showing list prices of four-door sedans made by all companies, 1941 to date. "When one producer makes a higher return on his investment than others while selling at competitive prices, and paying the same wages and prices for materials as his competitors do, his higher return on capital is a mark of his greater efficiency. That is the function of...

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