Document O3B0db9joZgDLkaBQ8RV7zO7X
(Drislane - Purcell)
30
1 onto the FMSI?
2 A I don't -- I don't know. I really didn't
3 concentrate on the -- on this part of the -- of the
4 Institute, no. I don't know.
5 Q Now, in your history on page 2 at the top of the
6 page, you described that the Brake Lining Manufacturers'
7 Association was dissolved in 1948; do you see that?
8 A Yes.
9 Q What's your understanding of why it was dissolved?
10 A I think they were being accused of price fixing or
11 something like that. In other words here is the deal, this
12 is the -- it was an association of manufacturers all
13 competitors of one another and I guess the accusation was
14 thrown about that they were exchanging prices and stuff like
15 that. And of course Harriet went back to the New Deal and
16 NRA when that was all legal stuff was all completely fine.
17 But some laws were passed. You know laws better than I do.
18 And our attorney was very, very -- well when the -- there was
19 a suit, some members of the FMSI were sued and I guess there
20 was a -- there was some kind of a settlement that they,
2-1- ------whatever
wh atever--th eir--bad--thing_they were doing involved
22 prices. It was the only -- it involved that side of the
23 business. And he was very firm on us not exchanging any
A.S.E. Reporting Service (518) 458-1091