Word: spang
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There it sat, an $18 million imitation English village, spang in the midst of the Connecticut countryside. An eccentric old woman had built Avon Old Farms as the spit & image of a Cotswold village, with carefully warped roofs, rippled window panes, synthetically worn stairs. She had meant it for a boys' school. There were no students at Avon last week. The only sign of schoolboy life was a boy named Butch, busy tacking up college pennants in a monklike cubicle in one of the dormitories, installing model airplanes, and littering up the joint after the fashion of twelve-year...
...Gillette Safety Razor Co.'s J. P. Spang Jr., Cities Service Co.'s W. Alton Jones, Decca Records Inc.'s Jack Kapp, Childs Co.'s Edward C. Field, American Chicle Co.'s Thomas H. Blodgett, Artloom Corp.'s A. S. Mitchell...
Blades for Strawberries. Gillette's new President Spang was a real salesman, all right. Under Spang, Gillette tied up the radio rights on most big sports events, was thus able to talk ("Look Sharp! Feel Sharp! Be Sharp!") to a shaving audience. Spang dropped the company's electric shaver because it competed with the more profitable blade business, added shaving cream to the line of products, followed up advertising with hard-hitting merchandising. Gillette's net income increased from $2,941,890 in 1938 to $10,501,448 last year. This year the company's main...
Gillette's seven foreign plants (Berlin, London, Buenos Aires, Paris, Zurich, Montreal and Rio de Janeiro) are also working at capacity. In foreign trade, Spang had gotten around the lack of dollars and other currency troubles by a system of "compensation trading." Thus, Swiss-made blades are being exchanged in Italy for tomatoes, asparagus, and strawberries, in Austria for wood, in Czechoslovakia for glass. The goods are then sold in Switzerland for francs and the francs exchanged for U.S. dollars to buy raw materials for Gillette's foreign factories...
...what if we can't get our profits out,'' says Spang, an enthusiastic foreign trader. "We'll get them eventually. We're not in business for five years or just ten years or even 50 years. We're in business from now on-indefinitely...