Time Clock, Feb. 28, 1955

FAIR TRADE LAWS in states will not be enforced by the Federal Trade Commission. In its first official stand on the state laws, the FTC has refused to enforce the laws against discounters in the jewelry industry, has told complaining retailers that they can compete with discounters by ignoring "with impunity" the state Fair Trade laws wherever they are not diligently enforced.

FIRST NUCLEAR REACTOR for the Air Force is in operation at Convair's Fort Worth plant. While mum on what the reactor is being developed for, Convair is aiming at something besides an atom-powered bomber. All the Air Force will let...

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!