In The Trial, Author Franz Kafka tells of the ordeal of an accused man who is never told the charges on which he is being tried. For the past 8½ months, many U.S. businessmen have felt somewhat the same. The U.S. Supreme Court ruling against the basing-point method of setting prices in cement (TIME, May 10) had been so vague that many businessmen were not sure what was and what wasn't legal. Last week, in answer to six questions from the Chamber of Commerce of the State of New York, the Federal Trade Commission took most of the mystery out of...
To continue reading:
or
Log-In
