Word: patent
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Dates: during 1940-1949
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Even a nickel wasn't worth five cents any more. In a survey of Manhattan, the Daily Mirror found that a candy bar cost 7?, shoelaces were two for 15?. In a penny arcade, slot-machine psychoanalysis was 2? throw. Quipped one shopkeeper, overhauling his price lists on patent medicines: "If you experience stomach distress due to hyperacidity, it will now cost...
High Profits. When other new pen-makers, notably Reynolds, threatened to tap the market first, Eversharp tried to stop them with a flurry of patent suits. The pens came out anyway, and sold like the hottest of cakes. When Eversharp finally brought out its own pen, it was delighted to find that the market was still going strong. Now it is turning out 30,000 pens a day, is sold out for months. This year, Eversharp expects to gross $50,000,000 on pens & pencils (2½ times as much as all pen & pencilmakers sold in 1939), net about...
...their cut-&-dried convention in Albany, the Democratic bosses brayed that their party holds the sole patent on liberalism. The delegates, most of whom went to Albany in a nervous chill of defeatism, were warmed by the appearance of Eleanor Roosevelt as keynoter, gave her an affectionate ovation, cheered her as she struck another campaign chord: the G.O.P. is the party of "backward conservatives...
...same time that the basic plants are sold the patent pool under which the Government -built plants are now cross-licensed would be dissolved in order to give the new owners incentive for technological competition...
Albert Einstein, then an unknown clerk in a Swiss patent office, rescued science. In his Theory of Special Relativity (1905) he abandoned Newton's assumption of independent mass and force. In its place he put the assumption, well supported by observation, that the speed of light in a vacuum is constant, no matter what the speed of its source...