Word: bausch
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Dates: during 1940-1949
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Yesterday, after months of quibbling and needless delay, the gaso-line-rubber conservation program went into effect throughout the nation. Yet, in spite of the Bausch report, and statements by President Roosevelt and Rubber Administrator Jeffers as to the dire necessity of this measure, many Oklahomans and 166,000 out of 546,000 Detroit car owners refused to register. Mr. Jeffers warned "There is a good deal of organized opposition in various quarters--the funds for which are being furnished by people who should know better. I don't question their motive. They just don't understand...
Admiral Blandy's chief worry is about fire-control and optical instruments. High up on the Bureau of Ordnance's list of companies which rate a production E (for Excellence) is Bausch & Lomb. But, although it is working at top speed, it cannot supply all that the Ordnance Bureau needs. Says Admiral Blandy: "Consider that a single fire-control unit may weigh up to a ton, and that tolerances in that unit will scale down to .0005 of an inch, about half the thickness of a cigaret paper, and you'll see why we'd like...
...trade-restraining device. Last December he brought suit against Corning Glass Works, Hartford Empire Co. (whose tight hold on glassmaking machinery was publicized by TNEC) and most of the glass industry, will try the case next month. In March he jumped Masonite Corp. (which is fighting) and Bausch & Lomb (which paid a $40,000 fine) for contracts he did not like. Next came the spectacle industry and Johns-Manville. Meanwhile France fell...
Last week Bausch & Lomb pleaded nolo contendere (I won't argue), offered to consent to an injunction against carrying out any provisions of the Zeiss agreement which might violate the anti-trust laws. The court accepted the plea, slapped a $40,000 maximum fine on the firm and three of its principal officers...
Thus scalded on its way out of the frying pan, Bausch & Lomb promptly fell into the fire. With 13 other U. S. makers of eyeglasses, five wholesalers, three trade associations (virtually the entire U. S. optical industry), it was accused last week by the same Federal grand jury of another anti-trust law violation. With its fellow defendants, the Government claimed, B. & L. had conspired successfully for the last ten years to keep the cost of eyeglass frames and lenses unnecessarily high. Government example: spectacles which would bring a profit at $7.50 are sold at a fixed price...