Word: lamps
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When traveling by train on postal business, he wrote on a portable desk with a lamp (almost the whole of Bar Chester Towers was so written). En route to Egypt, to conclude a Postal Treaty with the Egyptian Government, he wrote his way across the Bay of Biscay, pausing between paragraphs to rush to the rail and vomit...
North American Philips is an invasion force, one of the newest arms of Holland's rich, world-powerful N. V. Philips Gloeilampenfabrieken (Incandescent Lamp Works Co.), of Eindhoven. Back of North American Philips are $250 million in assets, brains, familiarity with cartel pricing agreements and patent pools that in a generation made Philips of Eindhoven virtual master of Europe's radio and light-bulb industry. N.A.P., born in 1942, is already a tough baby...
...Parent Philips. In 1891, Dutch Engineer Gerard Philips borrowed 150,000 guilders from his banker father, bought a lamp works in the cheap-labor town of Eindhoven. Gerard, a few months short of bankruptcy, urged his brother Anton to try to sell Philips bulbs. Anton agreed, traveled gaslighted Europe, sold bulbs far beyond the plant's capacity to produce (his greatest coup was a 50,000-bulb-a-year order for the Tsar's Winter Palace). By 1912, the company was big enough to be incorporated (one share was worth 1,000 guilders...
Double Selling. During World War I, Philips stayed on its neutral feet. In 1919, it began its characteristic way of doing business. The first was an exclusive cross-licensing of light-bulb patents with General Electric. Then followed a truce with the German lamp trust, Osram, and the formation, in 1924, of the giant Phoebus cartel, to control the sale of lamp bulbs throughout the world. This included companies in Britain, France, Germany and Japan, and American-owned foreign companies. Phoebus "stabilized" prices at a high level, roughly four times higher than...
...signal man standing nearby whispered: "The smoking lamp is out, sir." He jerked into consciousness, rubbed out his cigaret. He turned to me: "That's the third one we've had this month. And this time it's the best man we've got on the ship. I've watched that kid change slowly from a Middlewest farmer to the best machinist's mate I've seen in the Navy. When we wanted a job done we turned it over to him and that was like saying the job was done...