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...Manhattan after a European trip Russell Allen Firestone, second son of Tire Tycoon Harvey Firestone and member of Frank N. D. Buchman's First Century Christian Fellowship, was asked by a newshawk: "How can there be unselfishness in business under the capitalistic system?" Russell Allen Firestone replied: "Well, I feel that the real harm from capitalism, as it affects labor, has come from anonymous capital and not the widely-known capitalists. For example, men like my father, John D. Rockefeller and Henry Ford believe in aiding those who work for them. They live for service and really are altruistic...

Author: /time Magazine | Title: People, Dec. 18, 1933 | 12/18/1933 | See Source »

...That was all cleared up long ago!" cried the Dutchman. "I set the tire. None of these other defendants had anything to do with it. A symbolism has come into this trial and I protest against...

Author: /time Magazine | Title: Foreign News: Sphinx Protest | 12/4/1933 | See Source »

...years one company and another has been reported dickering for oil rights. This autumn Humble Oil & Refining Co., subsidiary of Standard of New Jersey, closed the deal. In exchange for a low rental on drilling rights (13? an acre) Humble takes over the ranch's en tire funded debt (some $3,000,000) on a 20-year note, the interest at 5% payable at the end of the period. This means a yearly income somewhat over $130,000 (figuring the ranch's drilling acres at 1,000,000) in addition to the usual royalty of one barrel...

Author: /time Magazine | Title: Business: Texas Rumble | 12/4/1933 | See Source »

...Cincinnati's Zoo last week Superintendent Sol A. Stephan examined the inflamed gums of his two-month-old hippopotamus Zeeko, got her an old automobile tire to use as a teething ring...

Author: /time Magazine | Title: Animals: No More Fowling? | 11/27/1933 | See Source »

...looked last week as if Harvey Samuel Firestone had acquired a new spear for his running joust with the mail-order tire. To Harvey Firestone, an embattled individualist, all the woes of the rubber world are compressed in the cheap tires which his three big competitors - Goodyear, Goodrich and U. S. Rubber - manufacture but which the mail-order houses (and a few chainstores) sell under their own brand name (TIME, April 10). Harvey Firestone's spears in the past have been price-cuts and letters to his stockholders impaling his Akron neighbors. This time the spear-thrower...

Author: /time Magazine | Title: Business: Goodyear Dammed | 10/30/1933 | See Source »

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