Word: kodak
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Dates: during 1950-1959
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...even have to agree, in some cases, to an hourly wage cut for the older man. One thing is certain: higher pensions, like higher wages, will have to be paid for by industry-either by higher prices or higher productivity. And higher prices are not the answer. Said Eastman Kodak Co.'s Treasurer Marion B. Folsom, long an expert on pensions: "If we are to give more goods and services to those who no longer work, those who are working must produce more. Otherwise, everybody's standard of living will fall." That is no new problem...
...socially-conscious businessman, Georgia-born Marion Bayard Folsom, 56, has spent almost as much time in Washington, B.C. during the past 15 years as he has at his treasurer's desk in the $380 million Eastman Kodak Co. This week Folsom takes on another civic chore: the chairmanship of the businessman's Committee for Economic Development, succeeding West Coast Banker W. Walter Williams, 56, who wants to run for U.S. Senator from Washington...
Moviemakers have been none too happy about this tight control, which was safeguarded by a deal with Eastman Kodak giving Technicolor exclusive rights to a three-color film it had developed. Although Technicolor adds as much as 25% to box-office receipts, crusty old (68) Dr. Herbert T. Kalmus (TIME, March 22, 1948) did not expand his company to keep up with demand. Producers have had to wait as long as six months for printed color film. Thus, they secretly cheered when the Department of Justice filed an antitrust suit against Technicolor 2½ years ago, charging .that it maintained...
Walter B. Teague, president of the Society, is scheduled to open the series next week. Later forum speakers include David Chapman, designer for Montgomery Ward, Harold Van Doren of Beech Aircraft, and Theodore Clement, head of Eastman Kodak's style division...