Word: meters
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Dates: during 1950-1959
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...subchaser skipper and Navy Cross winner in World War I, and a champion sailor. He joined the company in 1919, when it was a struggling small business directed by his stepfather, the late Walter H. Bowes. Bowes teamed with Inventor Arthur H. Pitney to develop the first crude postage meter. Wheeler went to Washington in 1920, presided over the demonstration of the machine that won federal approval for P-B to create what amounts to an auxiliary postal system. Soon after, young Walter Wheeler moved up to general manager, by 1938 was president...
...completely has the company sewed up the postage-meter business-more than 95% of it-that its only woes are with the trustbusters. All the competitors gave up because P-B outsold and outserviced them. Last month P-B signed a consent decree promising to create competition by sharing with all comers its current and future patents, and instructing them how to make, repair and service the postage meters. Wheeler accepted the decree with grace: "We believe in the antitrust legislation and what it has done for the country. We hope other companies do come...
...machine has a detachable meter that can be set to stop printing at any point. The user takes the meter to the post office, buys the amount of postage he wants: the meter is set to stop after that amount is used, then is sealed...
...Stadium may stage more than two championship fights a year. ¶ Thrashing purposefully against a stop watch in the Olympic pool at North Sydney, Australia's incredible whiz-kid, Lisa Konrads, 14, touched out in 19 min. 25.7 sec., shattering the old world record for 1,500 meters by an amazing 37.4 sec. Brother John Konrads, 16, got into the act, too, set a new world mark of 2 min. 2.2 sec. for the 200-meter freestyle, now holds every freestyle record from 200 meters to 1,650 yds. ¶ Boston University Freshman John Thomas, 17, watched tensely...
Terms of the sale state that construction must start within eight months and be completed 12 months after the beginning of work. The city will receive $600 monthly during the building period to replace its usual parking meter returns...