The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1942-04-18


The average newspaper reader
Tisualizes Arnold's tTuDt-busting
in the United states. Actually they
triumphs In terms Of their effect
are a great zeal more far reaching
than that.
In every one Of his major at
tacks Arnold not merely destroyed
a domestic monopoly but he also
smashed the foundat'o o. o. LAat
monopoly - On International car
tel, which, With a few exceptions,
meant o German alliance. secretly
used by the Nazs to further their
plans for world conquest.
This Is Arnold's cartel-buSting
record to date:
Military optical goods $50 The
American Bausch e. Lomb COM
pany compelled to sever Its tieup
with the German zeisS corpora.
ton.
MAGNESIUM - The Aluminium
Corporation Of America. and Dow
Chemical company forced TO break
ties with /. G. Farberindustrie.
BeryIlius--Berryllium Corpora
ton Of America (Which coluntar-
lily asked Arnold to intercede)
unshackled from Nazi connections.
Tungsten carbide ~ Vital In the
manufacture Of machine tools.
General Electric and Krupp hook.
UP broken. The day General
Electric was indicted on monopoly
charges In this case the price Of
tungsten carbide plummeted from
1905 a pound to $50 O pound.
During all The time General Elec-
trio was charging from sos 70
$453 a pound for this crucial
product, 1t was selling for $50 q
pund In Germany.
Electric lamps - General Elec-
trio compelled to sever tieups
with A. r. g., In Germany and
Phillips In Holland.
Electric light glass bulbs-Corn-
ing Glass company forced TO break
ties with Phillips.
Potash and Nitrogen Allied
Chemical company and Du Pont
compelled to end monopolistic
controls.
Chemicals and Pharmaceutlc
Sterling Chemical company
forced to sever Its tieup with I. q.
Farbenindustrle; Schering Chemi.
cal corporation forced TO do the
same with the Schertng Corpora.
ton Of Berlin. These disassocia.
tons meant the opening Of vast
South American chemical and
pharmaceutical markets to Ameri.
can business men.
Dye Stusfs and Photographic
supplies - General Aniline com.
pany purged Of It's tie up With ].
q. Farbenindustrie and number
Of German-America1l officials.
This also opened great South
American markets In these lines
to y. 8. firms.
Synthetic rubber and q number
Of vital chemicals, such as toluol,
used to make INT - Standard
OIL Of New Jersey compelled to
sever Its tleup with I. q. Farben-
industrie and TO make some 400
patents available to any U. 8.
company royalty free during the
war period.
There Is more Of this kind Of
misunderstanding cartel-busting up
Arnold'S sleeve. Unless he ~
kicked upstairs" or blocked BY
undercover administration knit.
ing, he plans other exposes and
prosecutions as sensational aS
those he has already chalked up.
Arnold knows just what ne
wants 10 DO and how 20 DO y
and unless he IL stepped youN
be reading headlines about more
Of his corps at frequent Inter
walls. ...,. !. !. !, .M, ..a.s.,l
NOTE - Ace Arnold aide N TINS
history shaking monopoly cruz
SADIE Is Joe Borkin, . young two
listed redhead who Is probably the
greatest cartel authority IN the
world.
OVERPAID
one OF the charges Robert r.
Guthrie, former chief Of the
WPBs textile division, made
against his erstwhiie dollar-a-ycar