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Word: bausch (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

Over two months ago Bausch & Lomb Optical Co., makers of about 50% of all the military optical goods sold in the U. S., was indicted under the Federal antitrust laws because it had an old sales & patent agreement with the German firm of Carl Zeiss. The agreement, Government men hinted, prevented B. & L. from selling range finders, gun sights and other fire-control instruments to the Allies...

Author: /time Magazine | Title: MANUFACTURING: Spectacle Trust? | 6/10/1940 | See Source »

...four makers of military optical instruments in the U. S. One is Kollmorgen (of Brooklyn), which concentrates on periscopes. Another is Keuffel & Esser (of Hoboken, N. J.), which makes range finders, trench periscopes. A third is Spencer-Lens Co., scientific instrument subsidiary of American Optical Co. The fourth is Bausch & Lomb (of Rochester, N. Y.), which makes binoculars, range finders, periscopes, about 50% of all the military optical goods sold...

Author: /time Magazine | Title: Business & Finance: Optical Restraint of Trade? | 4/8/1940 | See Source »

...John J. Bausch, a German immigrant who originally peddled spectacles in Rochester, and his partner Henry Lomb, who during the Civil War served as a captain in the Army under Grant, got the right to use Zeiss patents nearly 50 years ago. They not only licensed Zeiss patents but made an arrangement for exchanging skilled men, techniques and manufacturing secrets. Their military products, only about 10% of their output, have become so vital to national defense that since 1912 the U. S. Navy has kept experts stationed continuously in the B. & L. plant as observers...

Author: /time Magazine | Title: Business & Finance: Optical Restraint of Trade? | 4/8/1940 | See Source »

President of Bausch & Lomb, and named in the indictment, is Martin Herbert Eisenhart, mild-mannered former chemist whose hobby is Boy Scouting. Jumping to the defense of his company, Mr. Eisenhart pointed with pride to the Navy Department's satisfaction with B. & L., declared that the Department of Justice and the Navy Department were obviously working at cross purposes. Said he: "I can see no constructive motive which could prompt our Government in bringing this kind of action against the company...

Author: /time Magazine | Title: Business & Finance: Optical Restraint of Trade? | 4/8/1940 | See Source »

Navy men kept a discreet silence on the indictments but an anonymous Navy spokesman said cryptically: ''It is public knowledge that Bausch & Lomb are valuable to national defense. We'd hate to see the plant blown...

Author: /time Magazine | Title: Business & Finance: Optical Restraint of Trade? | 4/8/1940 | See Source »

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