Business & Finance: Guns and Bread & Butter

Into court last week went Yellow Taxi Corp. of New York, complained that General Motors Corp., through various G. M. taxicab subsidiaries, was interfering with its business at railroad and shipping terminals. According to the Yellow Taxi Corp. complaint, General Motors had used its influence as great shipper (1,600,000 cars annually over the Pennsylvania and New York Central Railroads) to force termination of contracts between Yellow Taxi Corp. and the Furness Bermuda Steamship Line and the Pennsylvania, New York Central and West Shore Railroads. General Motors taxis, operated by Terminal Cab Corp., a...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!