Bone for Business

The President waited until Thurman Arnold had finished flogging Standard Oil Co. of New Jersey. Then to U.S. business he tossed a bone that had been waiting on his desk a long time.

Henceforth any anti-trust suits that interfered with production were out, for the duration.

"We must keep our eyes fixed now upon the one all-important primary task--to produce more materials at greater speed," wrote the President. "In other words, we shall give our attention to first things first."

But, said the President, the statute of limitations should be revised, so that trust-guilty firms could be punished after the war--the threat of prosecution in any post-war witch hunt would be left hanging over businessmen indefinitely. However businessmen might study this gift horse's teeth, the plain fact was that this was the first gift of any kind to business out of the White House, in many a long year.

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