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What U.S. Protestant unity needs first of all is some Episcopal unity. Dr. Henry Pitney Van Dusen, president of Manhattan's nondenominational Union Theological Seminary, last week charged the Episcopalians with being notoriously balky on the road to reunion: "All they want to do is talk and pray." Back of the balkiness is the small but powerful Anglo-Catholic wing, the high churchmen who cherish the doctrine of apostolic succession* so devoutly that the only groups they think worth talking to are other apostolic successionists. such as the Orthodox and the Roman Catholic Churches...

Author: /time Magazine | Title: Religion: High-Church Lowdown | 6/23/1961 | See Source »

Helpful ERMA. The Bank of America aided by the Stanford Research Institute' started out by developing what it calls ERMA-Electronic Recording Machine Accounting. General Electric put the sys tem together, hitching components from National Cash Register Co. and Pitney-Bowes to its own computer, which it programed to process checks and do bank bookkeeping. To mark checks for use in the system, the Stanford researchers devised a set of stylized Arabic numerals* printed them in magnetic ink so that no matter how a check is folded or crumpled the numbers can still be read by ERMA. Subsequently...

Author: /time Magazine | Title: BANKING: The Machines Take Over | 12/5/1960 | See Source »

Automatic Mail Canceler. An automatic mail-facing and canceling machine that positions up to 500 letters a minute for canceling was introduced by Pitney-Bowes Inc. The new machine, being installed in post offices around the country, has been processing 27,000 letters an hour with a six-man crew, v. 16.000 letters an hour by a ten-man crew working manually. Price...

Author: /time Magazine | Title: GOODS & SERVICES: New Ideas, Sep. 7, 1959 | 9/7/1959 | See Source »

...football tackle at Harvard in 1916, a subchaser skipper and Navy Cross winner in World War I, and a champion sailor. He joined the company in 1919, when it was a struggling small business directed by his stepfather, the late Walter H. Bowes. Bowes teamed with Inventor Arthur H. Pitney to develop the first crude postage meter. Wheeler went to Washington in 1920, presided over the demonstration of the machine that won federal approval for P-B to create what amounts to an auxiliary postal system. Soon after, young Walter Wheeler moved up to general manager, by 1938 was president...

Author: /time Magazine | Title: CORPORATIONS: Stamp of Success | 2/16/1959 | See Source »

...profit-sharing for all employees in 1936 (current share: 6½%; of base pay), health insurance in 1941, noncontributory pensions in 1948. P-B has never had a strike, and the last attempt to unionize the company was snowed under 2 to 1 back in 1946. But Pitney-Bowes does have an elaborate parliament of workers, supervisors and brass who meet regularly and publicly discuss everything from the cafeteria's coffee (pretty good) to wages (above average...

Author: /time Magazine | Title: CORPORATIONS: Stamp of Success | 2/16/1959 | See Source »

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