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Word: s1 (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

...license it to anyone he cares to for as long as he deems necessary, for payment of a "reasonable royalty fee." One section of S. 2303 looked to nervous anti-New Deal ers like a New Deal foot in the post-war door: it provides that the President's1 patent-grabbing powers may hold not only in wartime but "during any period of national emergency declared by him to exist." But Thurman Arnold's consent decrees with German patent licensees like Standard Oil, Alcoa, Dow Chemical, et al, have already resulted in freeing many U.S. as well...

Author: /time Magazine | Title: PATENTS: Harmless But Useful | 4/27/1942 | See Source »

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