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...Bat'a working partners is the young son of Premier Frantisek Udrzal of Czechoslovakia who dropped his Government work at Prague, rushed 170 miles to Zlin. When Premier Udrzal arrived the House of Bat'a was profoundly calm. Cash in bank totaled $2,500,000. Since the public held no Bat'a stock it could not crash. Quietly the Bat'a Board elected Jan Bat'a to be the new First Working Partner...

Author: /time Magazine | Title: CZECHOSLOVAKIA: End of Bat'a | 7/25/1932 | See Source »

...Bat'a facts are that the company has been selling this year for $1.50 shoes which it sold ten years ago for $6.60. Of the 23,000 working partners in Zlin last February, about one-third have had to be discharged from partnership, leaving some 15,000 still employed in Zlin last week. But there are Bat'a branches in 27 foreign countries. The total of Bat'a working partners throughout the world still exceeds 25,000. In 1931 the Bat'a plants were turning out 150,000 pairs of shoes daily (latest available figures) compared...

Author: /time Magazine | Title: CZECHOSLOVAKIA: End of Bat'a | 7/25/1932 | See Source »

Direct and simple, the Bat'a saga is the story of a will-to-power. When he was 18 Thomas Bat'a, the humble cobbler's son, was managing his own shoe factory with 50 working partners. He drank milk, urged them to drink milk, ruled them for what he conceived to be their own good (and his) with a will of iron. Today Zlin boasts the largest per capita per day consumption of milk on earth...

Author: /time Magazine | Title: CZECHOSLOVAKIA: End of Bat'a | 7/25/1932 | See Source »

...Bat'a was devoid of sentiment except in one matter-that of the Bohemian Union Bank," said Director Vavrecka last week. "It was the Olmutz branch of that bank which 30 years ago extended him the loan that proved to be the turning point of his career. Till the day of his death Mr. Bat'a insisted that all the business of his huge concern should go through the little Olmutz branch bank...

Author: /time Magazine | Title: CZECHOSLOVAKIA: End of Bat'a | 7/25/1932 | See Source »

Enemies of Thomas Bat'a called him a Wartime profiteer. Certainly the marching feet of Kaiser Franz Josef's men wore out millions of Bat'a shoes. After the feet ceased to march and the Austrian Empire collapsed Thomas Bat'a took his profits across the Atlantic, opened a shoe factory at Lynn, Mass, in 1922, learned all the tricks of Fordized technique. When the new Czechoslovakian Republic had been safely launched, Mr. Bat'a moved the machinery of his Lynn factory to Zlin...

Author: /time Magazine | Title: CZECHOSLOVAKIA: End of Bat'a | 7/25/1932 | See Source »

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