Word: patentable
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Dates: during 1960-1969
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...Peaceable Revolution. Freeman's bureaucratic beanstalk grew from a very small seed. Henry Leavitt Ellsworth, first head of the Patent Office, was keenly interested in agriculture, and in 1839 he managed to get from Congress an appropriation of $1,000 to distribute new plants and gather agricultural statistics. Agriculture remained a division of the Patent Office until 1862, when Abraham Lincoln signed a bill establishing a separate department under a Commissioner of Agriculture.* Lincoln said that Agriculture was "peculiarly the people's department, in which they feel more directly concerned than any other." Since about 60% of Americans...
...Patent protection often means little; copycat firms know that a copied product may have spent its life cycle by the time lengthy litigation is finished. Westinghouse recently found a company copying its new hair dryer so exactly that even the instruction book was the same. In desperation, many inventive companies now license their competitors before they can copy, hoping at least to collect some royalties...
Some Support. Did this dreadful stuff touch off a sound of laughter like hail on a tin roof? No. Jack Benny almost never does. His material is gauged for longevity rather than flash. His patent for permanence is simply that he can do no wrong. His cheapskate, self-deceiving, inept, shrug-it-off, endearing and vainglorious public character has grown round him for decade after decade like layer after layer of cement, and he has long since become utterly indestructible. Many of his peer contemporaries-Eddie Cantor. Fred Allen, Ben Bernie-are either retired or dead; but Benny just keeps...
Transitron stockholders, including five mutual funds, filed federal suits against the Bakalars. who made a personal profit of $56 million by selling off 30% of their stock. The charge: Transitron registration statements had contained false or misleading information or significant omissions about sales, inventories, plant values and patent rights. Though they denied the charges, the Bakalars nevertheless agreed to an out-of-court settlement unique in financial history...
...fight started as a mere skirmish between television giants maneuvering for position in the uncertain color-TV market. Philco charged that RCA, with some 12,700 patents, was freezing other manufacturers out of color, and in an antitrust suit asked $150 million in treble damages. RCA in rebuttal accused Philco of patent infringements and false attacks on the reliability of RCA's three-gun color tube, demanded $174 million in damages. As years went by, the fight descended into a hopeless tangle of side issues, including a Philco attempt to take over a Philadelphia television station operated...