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- 20 -
s
TRUMIN
"NATIONAL
ARCHIVES
RECORDS
SERVICE
Those facts shout a warning to all of us.
They mean that big business can manipulate prices and
production at its own discretion, regardless of the public good.
That's not healthy for this country - it's the biggest threat
there is to our free enterprise system.
My administration has been doing what it could to break
up monopolies through the anti-trust laws. And we asked
the Republican 80th Congress to strengthen those anti-trust laws
to plug up some of the loop holes.
Studies by the Federal Trade Commission have shown
that big corporations have been gobbling up small businesses
faster than ever during the past few years.
And this process cannot be stopped until the Congress passes
legislation to stop up these loop holes.
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"ocrText": "- 20 -\ns\nTRUMIN\n\"NATIONAL\nARCHIVES\nRECORDS\nSERVICE\nThose facts shout a warning to all of us.\nThey mean that big business can manipulate prices and\nproduction at its own discretion, regardless of the public good.\nThat's not healthy for this country - it's the biggest threat\nthere is to our free enterprise system.\nMy administration has been doing what it could to break\nup monopolies through the anti-trust laws. And we asked\nthe Republican 80th Congress to strengthen those anti-trust laws\nto plug up some of the loop holes.\nStudies by the Federal Trade Commission have shown\nthat big corporations have been gobbling up small businesses\nfaster than ever during the past few years.\nAnd this process cannot be stopped until the Congress passes\nlegislation to stop up these loop holes."
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