Harry Truman actually said...

"The Commission would be required to approve these agreements if it should find that exemption from the antitrust laws would be in 'furtherance of the national transportation policy.'"

"Even though transportation rates are subject to regulation by the Interstate Commerce Commission, the public interest nevertheless demands that the general national policy of maintaining competition c..."

"To the Senate: I return herewith, without my approval, S. 110, a bill 'To amend the Interstate Commerce Act with respect to certain agreements between carriers,' because it would permit an important s..."

"No legislation giving a major industry immunity from the antitrust laws should be enacted unless adequate alternative safeguards are provided for the public interest."