Last week, after months of table-thumping on the part of his colleagues, in the dining room of Washington's Raleigh Hotel ASCAP's Lawyer Milton Diamond sat down to a quiet dinner. His companions were Victor Waters and Holmes Baldridge, assistants to Thurman Arnold. By the time coffee was served they had agreed that ASCAP should consent to a decree designed to obviate a Government anti-trust suit against the society.
Elated was the Department of Justice. The decree gives the Government just about everything it demanded. Chief points: ASCAP shares licensing privileges with publishers and writers, hence no longer exercises exclusive bargaining rights over...
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