As relentlessly as Inspector Javert dogged Jean Valjean, the Justice Department has dogged the steps of the Aluminum Co. of America. When Alcoa was acquitted of monopoly charges in 1941, the trustbusters appealed their case. Four years later, an appeals court found that Alcoa had, indeed, been a monopoly before the war but it withheld judgment on Alcoa's postwar status until all Government-owned aluminum plants were disposed of.
In the five years since that decision, Alcoa's shrewd President Roy A. Hunt has done the best he could to build up competition. Hunt made...
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