Word: patents
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Dates: during 1940-1949
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From this benevolent clause has grown the U.S. patent system −often described at home and abroad as the most liberal, invention-inviting system in the world. Yet the Senators who packed the smoke-filled Patents Committee room last week were told that that system had also fostered monopoly and −more sinister at the moment −had helped the Nazis...
...Remington Arms (Du Pont-controlled) had conspired with German munitions interests (Krupp and I. G. Farben) to monopolize vital war materials, restrict their availability to the U.S. and Britain. Angry Carboloy and Remington officials made the familiar reply: if they had not made a deal to get.the German patents, the U.S. would have entered the war entirely without these vital materials*, not to mention the secret of how to make and use them. Carboloy's President W. G. Robbins got so mad at having his patriotism impugned (and at being "smeared before trial by the official prosecutor...
Main criticisms leveled against S. 2303 were that it did not go far enough. Thur man Arnold, flushed with power, called it "harmless but useful." Cried he, "Patents [are] the protective coloration of the worst economic abuses of mechanized industry. ... If we strip the patent power of its use as ... a regulatory device by which large corporations create cartels to govern domestic and international economic policy−it may become what it was intended to be under the Constitution, a method of advancing the progress of sci- ence and the useful arts." Many a student of U.S. patent...
...come! said Jesse Jones. Well, there were the problems of negotiating contracts, bypassing patent disputes, figuring which synthetics were best. Senator Tom Connally, always eager to help a Texas chum, chimed' in: "Along with the baby they [NDAC] left all these other side issues and problems to be determined...
...half-interest in Magnesium Development Corp. formerly owned by I. G. Farben. Alcoa, which owns the other half of patent-holding Magnesium Development, fabricator American Magnesium Corp., producer Dow Chemical and American Magnesium are up to their ears in an anti-trust action in which the Justice Department is alleging a plot to limit magnesium production in the U.S. Expected this week was a consent decree, to be signed by all parties...