Word: patent
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Dates: during 1950-1959
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...mellowed towards lower tariffs, fought for U.S. membership in the antiprotectionist Organization for Trade Cooperation. To Weeks goes major credit for fostering U.S. participation in foreign-trade fairs that have combated Communist propaganda and helped raise U.S. exports. He has made such long-needed improvements as a Patent Office speedup, broader Weather Bureau services, steady support for the merchant marine...
...developments, there is an incubation period that costs money, then a rapid rate of growth when the product is right for the market and pays off." Burns will also have to deal with charges of monopoly against RCA: Philco last week sued RCA in an attempt to break a patent pool through which RCA collects royalties on some 12,000 patents, and both Zenith and the Government are suing to break the pool. Another of Burns's major jobs will be to develop young executive material. If Burns succeeds in meeting the challenges at RCA, he will eventually take...
Flavored Beer. A light alcoholic drink with a cola, punch or Collins flavor was put on the market by the Weber-Waukesha Brewing Co. of Waukesha, Wis. Manufactured under the patent of Chicago's Sassy International Inc., the drink is made with hops and has about the same alcoholic content as beer. Price for four 7-oz. bottles: under...
...testing the T 44 and F.N.), a new-type rifle appeared on the Pentagon's horizon that gave promise of being superior to either. It was developed (at no cost to the taxpayer) in a Los Angeles machine shop by George Sullivan. 46, a Lockheed Aircraft Corp. patent attorney and engineer, whose hobby is guns. After Sullivan had produced a successful experimental model, he was taken under the wing of Fairchild Engine and Airplane Corp. and turned out 30 copies of a highly efficient, 2¼-lb., unsinkable, survival-kit, .22-cal. rifle for the Air Force...
...were not equal to the strain of setting up a large manufacturing and distributing organization, and he went broke. Unfazed. he hocked his life insurance and gambled again. This time he won; in 1929 Birdseye. who now had powerful backers, sold his General Seafoods Corp. and 168 quick-freeze patents to the Postum Co. (later renamed General Foods) and the Goldman-Sachs Trading Corp. for $22 million. Said Birdseye proudly: "That was, I believe, the largest sum ever paid for a patent in this country...