Congressional monopoly committee holds initial meeting. Washington, 1938 (photo)

"Congressional monopoly committee holds initial meeting". Washington, D.C., The Congressional Executive Committee to investigate monopolies held their first meeting today and charted a course designed to determine the effect of concentrated wealth and power on business. Pictured, left to right: (sitting) Senator William E. Borah, Herman Oliphant, General Counsel for Treasury; Senator William H. King, Utah; Senator Hoseph C. O'Mahoney, of Wyoming and Chairman of the Committee; Rep. Hatton W. Sumners, of Texas and Vice Chairman; Thurman Arnold, Assistant Attorney General; and Rep. Edward C. Eicher of Iowa. Standing left to right: Richard C. Patterson, Jr., Assistant Secretary of Commerce; Garland S. Ferguson, Chairman of Federal Trade Commission; William O. Douglas, Chairman of S.E.C.; Isador Lubin Chief of Bureau of Labor Statistics, Department of Labor; and Rep. Edward H. Rees of Kansas. July 1st, 1938.