MONOPOLY: The Opening Gun

The Administration last week attacked international cartels. The attack, well-staged and publicized, was opened by President Roosevelt before the Quebec conference began, with word that he had written to Secretary of State Cordell Hull "to keep an eye" on cartels. The problem of curbing them, said Mr. Roosevelt, is one of the No. 1 international problems which must be faced soon.

Mr. Hull's reply was big news; it was issued from Quebec. Secretary Hull announced that he is already planning an international conference on cartels. Washington believed that what Mr. Hull had...

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!