Abstract

Editorials

The article focuses on the social situations in the world during 1939. No phase of the monopoly inquiry should be of greater interest to the American people than that which deals with the milk business. Bitterness in people is understandable when one observes the fat profits which two huge nation-wide milk combines continue to draw from a set-up in which there is an apparent overproduction of milk on the dairy farm and an all too real underconsumption of it in the home. The conflict between totalitarian trade policies and those of the U.S. goes much deeper than is ordinarily realized. The U.S., in common with most of the democratic countries, believes that economic progress is best served by an interchange of commodities and that such an interchange will raise living standards throughout the world.