United States 1940

Synopsis

In Apex Hosiery Co. v. Leader, the U.S. Supreme Court ruled that a labor strike carried out to further the interests of the union conducting it, even if the effect of the strike is to reduce the amount of goods in interstate commerce, is not a violation of the Sherman Antitrust Act. The Apex decision was significant because it nullified earlier decisions that had preserved the Sherman Act as a tool against organized labor and because it in effect ratified the Norris-La Guardia Federal Anti-Injunction Act of 1932.

Timeline

• 1919: With the Third International (Comintern), the Bolshevik government of Russia establishes its control over communist movements worldwide.
• 1924: In the United States, secretary of the interior Albert B. Fall, along with oil company executives Harry Sinclair and Edward L. Doheny, is charged with conspiracy and bribery in making fraudulent...