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U.S. Congic-s. House.
HEARINGS

BEFORE

63478

ANTITRUST SUBCOMMITTEE

(SUBCOMMITTEE NO. 5)

OF THE

COMMITTEE ON THE JUDICIARY.)
HOUSE OF REPRESENTATIVES

EIGHTY-FOURTH CONGRESS

FIRST SESSION

PART III

JUNE 7, 8, 10, 13, 14, 15, AND 17, 1955

Printed for the use of the Committee on the Judiciary

Serial No. 3

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON: 1955

FRANCIS E. WALTER, Pennsylvania
THOMAS J. LANE, Massachusetts
MICHAEL A. FEIGHAN, Ohio
FRANK CHELF, Kentucky
EDWIN E. WILLIS, Louisiana
JAMES B. FRAZIER, JR., Tennessee
PETER W. RODINO, JR., New Jersey
WOODROW W. JONES, North Carolina
E. L. FORRESTER, Georgia
BYRON G. ROGERS, Colorado
HAROLD D. DONOHUE, Massachusetts
SIDNEY A. FINE, New York
JACK B. BROOKS, Texas
WILLIAM M. TUCK, Virginia
ROBERT T. ASHMORE, South Carolina
JAMES M. QUIGLEY, Pennsylvania
CHARLES A. BOYLE, Illinois

COMMITTEE ON THE JUDICIARY

EMANUEL CELLER, New York, Chairman

II

J8 1955

PETER W. RODINO, JR., New Jersey BYRON G. ROGERS, Colorado SIDNEY A. FINE, New York

CHAUNCEY W. REED, Illinois
KENNETH B. KEATING, New York
WILLIAM M. MCCULLOCH, Ohio
RUTH THOMPSON, Michigan
PATRICK J. HILLINGS, California
SHEPARD J. CRUMPACKER, JR., Indiana
WILLIAM E. MILLER, New York
DEAN P. TAYLOR, New York
USHER L. BURDICK, North Dakota
LAURENCE CURTIS, Massachusetts
JOHN M. ROBSION, JR., Kentucky
DEWITT S. HYDE, Maryland
RICHARD H. POFF, Virginia
HUGH SCOTT, Pennsylvania

BESS E. DICK, Staff Director WILLIAM R. FOLEY, General Counsel WALTER M. BESTERMAN, Legislative Assistant WALTER R. LEE, Legislative Assistant CHARLES J. ZINN, Law Revision Counsel BESSIE M. ORCUTT, Administrative Assistant

ANTITRUST SUBCOMMITTEE

SUBCOMMITTEE No. 5

EMANUEL CELLER, New York, Chairman

KENNETH B. KEATING, New York WILLIAM M. McCULLOCH, Ohio HUGH SCOTT, Pennsylvania

HERBERT N. MALETZ, Chief Counsel KENNETH R. HARKINS, Cocounsel THOMAS R. MCGRAIL, Assistant Counsel WILLIAM W. MILLIGAN, Assistant Counsel

203, 336

495

III

2023

523

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1975

373

1845

Nathan, Robert R., chairman, national executive committee, Ameri-
cans for Democratic Action__

2035

157

O'Mahoney, Hon. Joseph C., a United States Senator from the State
of Wyoming.
Oppenheim, S. Chesterfield, cochairman, Attorney General's National
Committee to Study Antitrust Laws..
Patman, Hon. Wright, a Representative in Congress from the State
of Texas..

1864, 2080

55, 66

Reuss, Hon. Henry S., a Representative in Congress from the State
of Wisconsin..

183

545

1919

671

435

509

292

2584

597

1653

412

1537

2216

Calamia, Eric, managing director, Retail Tobacco Dealers of America,

Inc., New York, N. Y., letter, April 6, 1955, to Hon. Wright Patman_

Capehart, Hon. Homer E., a United States Senator from the State of
Indiana, statement..

Celler, Hon. Emanuel, Chairman, House Committee on the Judiciary:
H. R. 2115, 84th Congress, 1st session, a bill to amend the
Federal Deposit Insurance Act to provide safeguards against
mergers and consolidations of banks which may adversely
affect competition or unduly tend to create a monopoly in the
field of banking-.

H. R. 5948, 84th Congress, 1st session, a bill to amend the
Clayton Áct by prohibiting the acquisition of assets of other
banks by banks, banking associations, or trust companies when
the effect may be substantially to lessen competition, or to
tend to create a monopoly-

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