Word: philco
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When, in 1927, RCA evolved a new radio tube which needed no storage battery, Philadelphia Storage Battery Co. (Philco), faced with disaster, decided to make radios itself. Under earnest President James M. Skinner, Philco. in 1934, was making twice as many radios as RCA, annually accounting for 1,250,000 sets or 30% of all U. S. sales...
Last month hundreds of Philco employes marched across the Delaware River from Philadelphia into Camden, N. J., helped RCA employes win a six-week strike for more pay (TIME. July 27). Due in no small measure to the costs of the Camden rumpus, the earnings of RCA dropped some $200,000 below comparable 1935 figures in the second quarter...
Last week Philco and RCA tangled once more, this time in New York's Supreme Court. Charging that RCAgents had secretly wined & dined young Philco female employes, involving them in "compromising situations to induce them to furnish confidential information, documents and designs, irate Philco sought to enjoin & restrain RCA from using "devious methods of trade rivalry. Philco demanded the return of allegedly stolen secrets a settlement for "substantial expense and damage in endeavoring to protect its business and property from RCA depredations...
...Official demands of this potent industrial union were a closed shop, abolition of RCA's company union, a 20% wage increase. Real objectives were recognition by RCA of the union as sole collective bargaining agency within the plant, the same working conditions accorded employes of the nearby Philco Radio and Television Corp. factory...
...that the strike cease, refused to recognize John Lewis' United Workers as the sole bargaining agency even if a Labor Relations Board poll should show it to represent a majority of RCA's plant employes. One afternoon last week a crowd of 3,000. including 1,000 Philco and N. Y. Shipbuilding Corp. sympathizers, went after RCA employes as they filed out of the plant. Bricks, stones and clubs flew freely in a two-hour pitched battle (see cuts). Next day another skirmish of equal fury took place. Sitting as a committing magistrate, Justice Lloyd held 121 strikers...