Word: kodaking
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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...
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...
...Eastman Kodak Co. last week announced a "wage dividend" for its 48,000 employees of $15,500,000, biggest in the 38-year-old history of Eastman's profit-sharing plan (last year's bonus: $13 million). Though Eastman's earnings for the first nine months this year were down about 17% from 1948, it's common, stock dividend was higher ($1.70 v. $1.60 last year). Therefore, the bonus, based on the dividend paid to stockholders, was higher also. Paid to everyone employed before last October, the bonus consists of $25 for every $1,000 earned...
...church one Sunday morning in 1879, Harley T. Procter, of Procter & Gamble, listened to a passage from the 45th psalm (". . . all thy garments smell of myrrh, and aloes, and cassia, out of the ivory palaces, whereby they made thee glad . . .") and coined the label "Ivory Soap." In 1890, Kodak launched one of the first relentlessly successful slogans: "You press the button-we do the rest." As other manufacturers ventured into advertising's strange new land, a blaze of new slogans followed: "The Beer That Made Milwaukee Famous," "Pink Pills for Pale People," "Do You Wear Pants?" Slogans temporarily gave...