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...years ago the Federal Trade Commission ordered Goodyear Tire & Rubber Co. to stop selling its tires to Sears, Roebuck & Co. at net prices lower than those accorded to other purchasers-a practice which had enabled Sears to undersell its competitors. When the Robinson-Patman Anti-Price Discrimination Act presently was passed, Goodyear abandoned the practice. The Sixth Circuit Court of Appeals dismissed the F. T. C. order on the ground that the controversy no longer existed...

Author: /time Magazine | Title: Business: I Am Glad | 2/21/1938 | See Source »

Last week came the third set in this tennis match of opposing price policies: In Washington on the same day 1) the F. T. C. appealed to the Supreme Court to continue in effect its original order to Goodyear as a preventive to further price discrimination and 2) Secretary of the Treasury Henry Morgenthau beamed at the discovery that the bids for a new $1,500,000 Government tire&tube contract differed widely. Said he: "I am glad to see signs of competition in the tire bids, and I hope the practice will be extended to other merchandise purchased...

Author: /time Magazine | Title: Business: I Am Glad | 2/21/1938 | See Source »

...Another Sit-Down in the rubber industry last week, protesting layoffs in three Goodyear Tire & Rubber plants in Akron, ended abruptly when Ohio's quick-triggered Governor Davey threatened to mobilize his militia...

Author: /time Magazine | Title: National Affairs: Anniversary | 11/29/1937 | See Source »

Died. Colonel Grayson Mallet-Prevost Murphy, 58, senior partner of G.M.-P. Murphy & Co., World War U. S. Red Cross Commissioner and lieutenant colonel in the A.E.F.; of bronchopneumonia; in Manhattan. In 1921 Grayson Murphy laid the foundation of his financial reputation by skillfully reorganizing Goodyear Tire & Rubber Co. Last year a committee he headed salvaged for debenture holders what little there was to be salvaged from the Kreuger & Toll disaster. Little known outside of Wall Street, Grayson Murphy was not only a Republican who shot grouse in Scotland, but in 1928 a Liberal (meaning wet) Republican...

Author: /time Magazine | Title: Milestones, Nov. 1, 1937 | 11/1/1937 | See Source »

When British readers discovered last year that "Susan Goodyear" was the wife of the Very Reverend Walter Robert Matthews, successor to Dean Inge of London's St. Paul's Cathedral and former Dean of Exeter Cathedral, Cathedral Close, a first novel which up to then had won only critics' praise, leaped suddenly into the best-seller class. The reason for this sudden popularity was a curiosity to find out how much truth lay behind the scandal which forms the theme of the story, and if the scandal occurred at Exeter. U. S. readers, while immune to this...

Author: /time Magazine | Title: Books: Cathedral Scandal | 7/19/1937 | See Source »

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