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if you are to make any agreements between factories as to what wages they'll pay, what hours they'll work, and how many people they'll employ, if you're to limit the competition which is going on right now in Manchester, New Hampshire, we'll say, between the Amory cotton mills and some other cotton mills, where the Amory still keeps going because it makes a special kind of goods and there is a market for those cheap, low-grade goods, where the people who make high-grade printed cottons are closed down tight, if you're going to distribute the employment in the textile industry in that town between those two mills, you've got to make some agreement with them. Apparently that is not possible under the anti-trust acts, unless we make some amending legislation that permits it.” So he defended that theory.

After some talk, and I think two or three visits by Lubin and me, Wagner and Jacobstein agreed that it was unseemly that there should be these several and separate patterns going on. People were beginning to hear about it. Members of Congress were beginning to hear about it according to Wagner - never truthfully, never the whole story, but just beginning to get wind of it. They'd say to each other, and also come to him saying, “What is this? What's going on?” He said, “In a very short time we will have created a suspicion and a doubt. We musn't do that.”