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Abstract

The friction between a relaxed labor policy and the stringent antitrust laws presents a dilemma. In 1921, Chief Justice Taft noted that the purpose and effect of every labor organization is to eliminate competition in the labor market, while Learned Hand, in reflecting the national policy favoring competition, stated that: "It is possible, because of its indirect social or moral effect, to prefer a system of small producers, each dependent for his success upon his own skill and character, to one in which the great mass of those engaged must accept the direction of a few."

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