Few items of unfinished business present a challenge to this country so insistent as the settlement of an attitude toward the increasing concentration of business control. After 47 years of experience with the Sherman Antitrust Act, the Clayton Act, the Federal Trade Commission Act, the National Recovery Act and the Robinson-Patman Act, Senator Wagner commented that this experience has produced no coherent system of industrial control, and said: “Half of the laws enacted by Congress represent one school of thought, the other half the other. No one can state authoritatively what our national policy is.”
December 28, 1937
1937 Ga. B.A. Rep. 203 (address before the Georgia Bar Association, Sea Island, May 28, 1937).
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