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When Scripto, Inc. and Parker Pen Co. each announced that they had a new kind of pencil that writes with liquid graphite and never has to be sharpened (TIME, Feb. 7), everyone in the industry expected a dingdong patent fight and a sales battle. Scripto's "Fluidlead," already on the market, was a 49? pencil; Parker's "Liquid Lead," a model at under $5, was to be brought out in the spring...

Author: /time Magazine | Title: Business: Pencil Pact | 2/28/1955 | See Source »

Last week on Valentine's Day, instead of scrapping, the two companies kissed and made up. To avoid the expense and confusion of a long patent battle, Scripto and Parker signed an agreement (in ink) that will allow them to use each other's formulas for a royalty. Scripto, as it has previously, will concentrate on the low-priced field; Parker will stick to the higher-priced pencil. Both companies will use Parker's Liquid Lead name, hoping that the agreement will discourage the kind of fly-by-night competition that almost ruined the industry...

Author: /time Magazine | Title: Business: Pencil Pact | 2/28/1955 | See Source »

...Harvard House, which stands in Stratford on-Avon, was established as a memorial to John Harvard in 1909 under letters of patent granted by King Edward VII, although in actual fact the founder's connection with the building is very tenuous...

Author: NO WRITER ATTRIBUTED | Title: Insects Gnaw at England's Harvard House | 2/21/1955 | See Source »

Higher policy, however, dictated the removal of the air and naval officers. In the succeeding months, U.S.-Soviet relations continued to deteriorate, and reached a nadir when American communists came to Moscow for the Seventh Congress of the Communist International in August, 1935--a patent violation of the agreement of recognition signed less than two years earlier. Ambassador Bullitt was crushed by what he considered a personal defeat as well as a slap in the face to his country. Though he advocated significant reductions in the staff of the Moscow embassy, he once again emphasized the importance of close relations...

Author: By Richard H. Ullman, | Title: "They Just Fade Away . . ." | 2/16/1955 | See Source »

...Patent Pending. At week's end, nobody knew how much uranium was in Nowata County-or whether Sam Shepherd might have discovered a practical method of mining uranium by waterflood and filter. Others have tried such a process before-and failed. But it has never been tried as a byproduct of another operation, such as oil producing, that already pays the basic costs. In any case, Shepherd has applied for a patent on his method and is getting ready to ship about ten tons of filter sand from his holdings to AEC for processing...

Author: /time Magazine | Title: MINING: Oklahoma Uranium | 1/17/1955 | See Source »

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