Business: H3PO4

On the 30th floor of Chicago's Board of Trade Building is a door with the legend MR. AUGUST KOCHS. Inside is a large suite whose three main features are Mr. Kochs himself, his secretary for 30 years, stout, clamp-lipped Miss Millie Bott, and a small oil painting of an alchemist by a 19th-Century German named Eickinger. Mr. Kochs considers the painting "appropriate" for he is himself a chemist of long standing and high success as president of Victor Chemical

Works. Victor is small potatoes beside gigantic Du Pont or Allied Chemical & Dye, but...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!