First weeks of the Federal Communications Commission's investigation of American Telephone & Telegraph Co. were enlivened by digressions into lobbying, horse racing and cinema production (TIME, March 30 et seq.). In the matter of revealing what Congress had appropriated $750,000 to have revealed—the how and why of telephone rates—Commission Counsel Samuel Becker got next to nowhere. In the past fortnight, however, Counsel Becker has borne down more consistently on the prime purpose of the investigation, giving Commission accountants a chance to talk. Questions raised thereby put FCC in a better position...
Business & Finance: Bits for $400,000
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