Word: leverence
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...Lever radio shows (Rinso's Big Sister and Lifebuoy's Bob Burns program) are to be axed. Before he's done, Luckman plans to slice $5 million from the budget for radio, pay it out for newspaper and magazine advertising. The budget, now weighted 70% to 30% in radio's favor, will be balanced, 50-50. Where Lever leads, others often follow...
...With Pepsodent. Pepsodent's rise was closely watched by Lever Bros. In 1944 Lever Bros, decided to buy, paying out $15,000,000 for Pepsodent. Along with it they got Chuck Luckman. He got $1,500,000 (after taxes) for his stock...
...Countway who, after a golf game one hot afternoon, invented B.O. to go with it. He had presided over the debuts of Lux Toilet Soap, Rinso, Swan and Spry. He had earned his huge salary (in 1939, $469,000, highest in the U.S. outside Hollywood) by boosting Lever sales from less than $1,000,000 in 1913 to $250,000,000 last year. But now Countway, old (69) and ill, was ready to let Chuck Luckman play the tune...
...reason for the complexity lies in the empire's swift, turbulent, helter-skelter growth. Founder Lever (Cofounder and brother James Darcy Lever reared early) couldn't resist buying up plants, setting up subsidiaries wherever he went (he circled the earth five times...
...then things were further complicated in 1927, after the empire collided with Europe's powerful trust, the Margarine Union. The collision evolved into a merger. Out of the merger came two new companies, Lever Bros. & Unilever Ltd., with headquarters in London, and Lever Bros. & Unilever N.V.,* with headquarters in Rotterdam. "Limited" controls subsidiaries within the British Empire, "N.V." those outside-including...