Out from Attorney General Tom Clark's office last week went some long-awaited "big news." The news was that the antitrust division of the Department of Justice, with an election-year ear tuned to the static made by high meat prices, was going after the "meat monopoly."
In a suit filed in Chicago, Clark charged that the four big packers, Armour, Cudahy, Wilson and Swift, were monopolizing the trade in federally inspected meat (the only meat that may be shipped across state borders). The Big Four, said the Attorney General, sold 58% of the cattle, 54% of the hogs, 68% of the...
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