Word: scotts
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Dates: during 1930-1939
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...brands are now reduced to two-ScotTissue and Waldorf. This change was wrought by E. I.'s son, Arthur Hoyt Scott, who got into the business in 1905. He persuaded his father and uncle to start a "sanitary line" of six standardized brands to be promoted as quality, trademarked products. Young Arthur Scott also devised the company's first effective slogan, "Soft as old linen." By 1910 it was apparent that his idea of specialization was correct; his six brands provided 80% of the total sales of $726,264.09. About that time Scott paper towels came into being...
...Scott paper is made at a slick modern plant at Chester, Pa., where scientific improvement is the guiding passion and a minimum wage of 60? an hour has obviated labor troubles. Chief reason for the company's success is its product, specially created for softness and absorptive qualities. Two other factors help explain why Scott's big Fourdrinier machines now work a 24-hour day seven days a week (one of them has done so since 1924). As pointed out in the latest Brookings Institution tome, Industrial Price Policies and Economic Progress (TIME, July 18), Scott...
...Arthur Scott died in 1927 and his place was taken by his Swarthmore fraternity-mate, Thomas Bayard McCabe, who went to work for Scott in 1915 at $10 a week, became its star salesman. Son of a Delaware banker, President McCabe joined with First Vice President Edward S. Wagner in buying out the Scott interest. They now hold about one-sixth of the stock. President McCabe handles sales; Vice President Wagner, operations and finance. They limit themselves to salaries...
Last week, back from his annual trip to Scandinavia where Scott buys much of its wood pulp, President McCabe told of his amazement when a Finnish pulp man in a small northern town asked him : "Do you believe Jimmy Roosevelt is making as much money out of his insurance business as the Saturday Evening Post says...
Died. Samuel Carson Pirie, 74, yacht-racing board chairman and son of one of the founders of Carson Pirie Scott & Co., Chicago's second largest department store (largest: Marshall Field & Co.); of chronic myocarditis (inflammation of the muscular walls of the heart); at Newport, R. I. Sportsman Pirie's brother John Taylor Pirie, 66, is the store's president, Son Samuel Carson Pirie Jr. is in its retail merchandising division, Second Cousin Samuel Pirie Carson is store operations manager. There are five other Piries, all kin, no other Carsons, in Carson Pirie Scott. Of Scotts there...