Word: patents
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Dates: during 1950-1950
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...argued: "One may reasonably think it wiser in the long run to let an unhappy, bitter outcast vent his venom before any crowds he can muster . . . One may trust that his patent impotence will be a foil to anything he may propose. Indeed, it is a measure of the confidence of a society in its own stability that it suffers such fustian to go unchecked. [But] here we are faced with something very different"-i.e., the American Communists, who secretly conspire, conceal their membership, take orders from abroad...
...Alexander Cadogan as chief British delegate. Said he: "No amount of photographs of Mr. Dulles in a trench-and I only wish there had been more trenches-no suggestion that he himself first rushed across the frontier, no repetition of arguments which a child could refute . . . can obscure the patent fact that it was the North Korean troops who, in large numbers and heavily armed, crossed the frontier and overran the territory of a government which had been established by the United Nations...
Same day, in Philadelphia's federal district court, Antitrust Chief Herbert Bergson went after a small company which had closely held patents: Servel, Inc., sole maker of U.S. gas refrigerators. Charged Bergson: Servel has a monopoly on gas refrigerators, through exclusive licenses from Sweden's Aktiebolaget Electrolux, founded by International Financier Axel Wenner-Gren (TIME, Jan. 5, 1948). Bergson asked the court to break up the patent arrangement. Servel's Chairman Louis Ruthenburg retorted that his company already competed with "a dozen large manufacturers aggressively in the market with refrigerators of all types, sizes and prices...
Neither an M.D. nor a pharmacist, LeBlanc is plainly a go-getting businessman. He pushed Hadacol with a down-to-earth selling policy that included Hadacol radio programs featuring the Hadacol Boogie, a specially written hillbilly song, a fervent appeal to folks' fondness for patent medicines. Testimonials have poured in extolling the work of Hadacol on such ills as headaches, gas pains, ulcers, loss of weight, drowsiness. Samples...
Half an hour after the New York Stock Exchange opened, a flurry of selling began. There was no patent reason for the selling except some profit taking and perhaps some nervousness over the market's long climb. By 11 a.m., the scramble to sell was so great that the Exchange's high-speed ticker fell four minutes behind the actual trading. In two hours the Dow-Jones industrial average, which had opened at 222.30, plunged to 218.66, wiping out all the gains of the past four weeks...