The question of whether the Aluminum Co. of America is a monopoly and whether it has engaged in illegal practices, last week brought forth action on three fronts. The reason the case has prominence and attracts attention is of course that Andrew W. Mellon is a large stockholder in the company and was formerly a director.
In Pittsburgh the Federal Trade Commission held hearings in an attempt to prove that the Aluminum Co. had violated the law. The company offered the Commission access to all its contracts with domestic...
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