Business: Important Precedents

Advertising, the flossy handmaiden of Big Business, has long tempted certain rapacious New Deal reformers. But with the U. S. still clinging to Freedom of the Press, nothing had been done about advertising (with the exception of liquor) until last week when Assistant Attorney General Thurman Arnold produced a scheme which, snorted Columnist David Lawrence, "makes the late Huey Long, who tried to put a tax on publications of large circulation, look like an amateur." Trust Buster Arnold's scheme was deftly dovetailed into the long-expected announcement by the Department of Justice that its...

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