GOVERNMENT: Thurman's Kampf

Thurman's Kamp

The Sherman Anti-Trust Act, which Chief Justice Hughes called "a charter of economic freedom," is 50 years old this year. And 1940 is the first of those 50 years in which Congress permitted the Department of Justice to spend more than $1,000,000 on its enforcement. It is the first year since the trustbusting days of Roosevelt I and Taft (Standard Oil, American Tobacco, Northern Securities, etc.) in which the Government has put on a real Sherman Act show. It is also a year of war, whose outbreak, in the words of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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