Word: rubbered
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Dates: during 1930-1939
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...Wild in the news office merely pulled out his rubber stamp, recently presented on his 1st anniversary in Cambridge by Boston news men, slapped it on a piece of paper . . . ."Mr. Conant has no statement to make about Mr. Hanfstaengl's offer...
...little businessmen arrived in Washington last week just in time to hear another piece of news sweet to the ears. After more than two years of hearings in various cities of the land, the Federal Trade Commission ordered Goodyear Tire & Rubber to cease and desist from granting special favors to Sears, Roebuck & Co. in return for the privilege of making the tires that Sears sells under its own brand names. This mail-order business has often accounted for 10% of Goodyear's total sales...
Present Goodyear-Sears contract calls for at least 1.800 tires per day at cost plus 6% or 6½% depending on rubber prices (TIME, Jan. 29, 1934). After Goodyear has had time to figure its costs accurately, the contract permits "adjustments," which have worked with remarkable regularity in Sears' favor. The Trade Commission now says these are nothing more nor less than "secret rebates," a fighting phrase since the days of John D. Rockefeller...
...Goodyear's President Paul Litchfield the Trade Commission's findings were just another problem in his currently harassed life. For the past fortnight Mr. Litchfield had been living in his Akron, Ohio plant, besieged by striking rubber workers. Emerging from his industrial fortress for the first time in two weeks, President Litchfield found time to declare: "We will appeal the decision of the Federal Trade Commission to the Federal courts. Were it permitted to stand, the decision would wipe out a widely used trade practice under which a substantial proportion of the country's total retail business...
...publicity director, genial panhandler of College news, liaison officer between official Harvard and the world, chief shock-troop denyer of all University rumors, was tendered a reception yesterday in honor of the anniversary of the appointment to his post here. Gifts were tendered by appreciative Boston reporters, including a rubber stamp worded, "The University has no statement to make regarding Mr. Hanfstaengl's offer...