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...Firestone's brand has never been relished by the heads of his three potent competitors-Goodyear's Litchfield, U. S. Rubber's Davis, Goodrich's Tew. Until last fortnight when Mr. Tew assumed the unpopular rôle, Mr. Firestone almost always took the lead in slashing prices. But so fast flew the chit-chat about their opinions of Mr. Firestone that when Mr. Firestone wrote his stockholders last fortnight that he was cutting not prices but dividends, he declared: "There has been much said, written and portrayed by cartoons to promote the thought that there...

Author: /time Magazine | Title: Business & Finance: Firestone v. Mail-Order | 4/10/1933 | See Source »

...constructive." That principle is the making of special brands (third and fourth grade) of tires for chain stores and mail-order houses to market at cut-rate prices. Mr. Firestone also makes third and fourth grade tires but chiefly to enable his dealers to compete. So did Mr. Tew, Mr. Davis and Mr. Litchfield until last fortnight. Then they agreed to drop the cheap lines they market under their own names, tried to coax Mr. Firestone into the scheme. Mr. Firestone would have none of it. It would be an admission of defeat in his long, long joust with...

Author: /time Magazine | Title: Business & Finance: Firestone v. Mail-Order | 4/10/1933 | See Source »

Pointing out that mail order prices affect less than 3% of the replacement market, Vice President Robert Smith Wilson of Goodyear growled: "That the remaining 97% of the tire market should be disrupted under such reasoning is a matter to be greatly deplored." President James Dinsmore Tew of Goodrich argued: "In our opinion present economic conditions do not justify any reduction . . . and we cannot believe that any benefit to employes, security holders or the general public will result...

Author: /time Magazine | Title: Business: Tires to War | 2/13/1933 | See Source »

...Campbell Soup), Irénée du Pont (explosives), George Horace Lorimer (Satevepost), Wilfred Washington Fry (N. W. Ayer & Son), J. Howard Pew (Sun Oil), Howard Heinz (pickles), William Cooper Procter (Ivory soap), George Mathew Verity (American Rolling Mill), Harvey S. Firestone Jr. (tires), Paul Weeks Litchfield (Goodyear), James Dinsmore Tew (Goodrich), Charles A. Cannon (towels), Samuel Clay Williams (Reynolds Tobacco), A. D. Geoghegan (Wesson Oil), Fred Wesley Sargent (Chicago & Northwestern), John Stuart (Quaker Oats), Fred Pabst (Cheese), Alvan Macauley (Packard), Frank Chambless Rand (International Shoe), Robert L. Lund (Listerine), Charles Donnelly (Northern Pacific), Frederick Edward Weyerhaeuser (lumber), Carl Raymond Gray...

Author: /time Magazine | Title: THE PRESIDENCY: Ted for Ted | 9/5/1932 | See Source »

Prince Henry XXXIII, who exhibited his paintings last week, married Mrs. Allene Tew Hostetter Burchard of New York in 1929. He is a member of the second limb of the younger branch of the House of Reuss, and his son, born 1916, is Henry II. If possible he is not to be confused with the head of his branch of the house, his cousin, Prince Henry XXXIX who married the Countess of Castell-Castell (at Castell) and whose sons are Henry IV, Henry VI and Henry...

Author: /time Magazine | Title: Art: 33rd Henry | 4/20/1931 | See Source »

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