Abstract

United States vs. Alcoa

Wechsler, James | October 8, 1938 issue

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This article focuses on political differences and legal issue related to Aluminum Co. of America (Alcoa) in context of the U.S. industrial laws and legislation. The author describes that Senator Tom Walse, throughout his political lifetime, was having an intransigent enmity with the aluminum's trust. Alcoa was not merely supreme in its own region but was a far-flung empire which listed Washington among its subservient dominions. With the advent of the President Franklin D. Roosevelt's administration, Alcoa for the first time faced a threat commensurate with its power. Walsh, who had stubbornly accumulated an arsenal of documents with which to attack the nation's number one monopoly, was at once designated attorney general; his appointment was expected to revive-the most notorious lost cause of the 1920's. But his sudden death and the disappearance of his file, strangely dramatize the immunity which has fostered Alcoa's rise and its monopoly.

See Also:

ALCOA Inc.; INDUSTRIAL laws & legislation -- United States; ANTITRUST law; COMPETITIVE advantage; FILIBUSTERS (Political science); BILLS, Legislative; MONOPOLIES; UNITED States
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