| Show Last Rasi Mile Terror Sf SEC Of-SEC SEC Fades To cro utility people the death sentence sentence sen sen- tence ence c calling for the up break-up is not quite the he specter that it has b become come to big business generally It has been commuted so often that the walk down the last mile iii has s lost its terrors There is a strong belief that the final show- show d wn wn on the form the companies Eh shall hali ll take will be decided by the fi first st congress of 1941 S E C has been more than liberal fallowing time for companies to reply py to show-cause show orders After companies produce their first int in- in t plans the commission must respond with rejections pr or amendments Thereafter the powe pow pow- pow pow- e- e executives again have the option op op- op- op two tion to ask for extensions repeat extensions repeat repeating ing ig the time-consuming time exchange well ell into the first months of 41 I While hile none of the power heavies Is brash enough to say that Jerome Frank fears putting on the pressure pres- pres sure lure they do know that he would feel l better if he were certain the next Dext congress wouldn't undo his bis fl 1 work rR It is expected therefore that thit Frank will coast into the comIng coming com com- ing ng election with a complete blueprint blue blue- I print rint of utility reconstruction reconstruction- by the companies and S SEC E C under his arm That That much w will l exempt the commission from the charge of procrastinating Then in the atmosphere of Nober No- No ber results he will tread light- light 1 or ly shoot the works I t Copyright 1940 McClure Syndicate |
