Business & Finance: Code for Mellons

No ordinary hearing was that on the aluminum code in Washington last week. The code was to include a basic industry which consists of a single corporation. There are manufacturers of aluminum pots, pans, propellers, but only one U. S. producer of virgin aluminum—Aluminum Company of America, dominated by Andrew William Mellon & Family. The hearing soon settled down to a clean-cut fight between the independent fabricators, who must not only buy from Alcoa all their aluminum (except scrap) but also market their wares in competition with Alcoa, which is by far the biggest...

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