Indianapolis Times, Volume 41, Number 155, Indianapolis, Marion County, 8 November 1929 — Page 29
NOV. 8, 1929
TRIO OF LARGE FIRMS MERGED MINUSES. AID Mitchell’s Enunciation at Bar Convention Seen Responsible. By r,\rar'l Xr:cnpav?r AlHnncr WASHINGTON, Nov. B—ln line with anew policy of the government toward big business, enunciated by Attorney-General William D. Mitchell at the annual meeting of the American Bar Association, three big margers formed within the last few weeks have been negotiated without help from the department of justice. Under Colonel William J. Donovan, former assistant attorney general, it was the practice for the department of justice to give advice in advance to big corporations planning mergers. Donovan always explained that such advice did not give immunity from prosecution under the anti-trust law’s, yet his policy war under fire in the senate a number of times. Mitchell, at the bar association meeting, said the attorney-general has no power to license any one to violate any federal statute, indicat-
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GeVßeered’ —$5 liy United Prem CHARLEROI, Pa., Nov. 8. —A new variety of house-to-house canvassers have made their appearance. The agents gc from door to door offering to brew forty-eight bottles of oeer for $5. Equipment is carried in a truck. They are making from S4O to SIOO a day.
ing he looks at the matter in a ; somewhat different light. The latest merger is that of the I Kraft-Phoenix Cheese Corporation, the Hershey Chocolate Corporation and the Colgatd-Palm Olive-Peet Company, under the auspices of the National City bank, into a $125,000,000’ organization. Since Mitchell took office, the Fleischmann Company, Royal Baking Powder Company and E. W. ! Gillet Cos., Ltd., have been tied together by the J. P. Morgan Company. A more recent agreement is that under which General Electric and Westinghouse Electric and Manufacturing Company have arranged to cede to the RCA-Victor Corporation all right in patents on home entertainment appliances. Freed By Nature Bit T’nitrd Profit CAMBRIDGE, Mass., Nov. B. Nelson Browm, arraigned in court on a drunken driving charge, was exonerated when “hard cider,’’ introduced as evidence, proved to have turned into vinegar.
SEEK WORLD'S WORSTTIREBUG' Spontaneous Heating Sets Forest Fire Blame. Bp Science Scn icr WASHINGTON, Nov. B.—An investigation of the world's worst uncaught “firebug” looms. A conference to discuss the facts, clues, and unknown quantities in the case regarding spontaneous combustion has been called by the National Fire Protection Association in co-opera-tion with the United States departments of agriculture and commerce, in this city Nov. 14 and 15. When fire gets an insidious start in a dry, well-managed place where no human being has been wandering about with matches or other fire-making materials, the usual explanation is spontaneous heating and ignition, said David J. Price, chief of the division of chemical engineering at the department of agriculture, in outlining the situation faced by the conference. But the usual explanation, he continued, is almost as unsatisfactory as writing down a mystery on a police blotter under the -heading “unsolved,” for the process which sets up spontaneous heating and ignition still is unknown.
THE INDIANAPOLIS TIMES
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