The Scott Paper Co., founded in 1879 by two Yankee brothers named E. I. and Clarence Scott, has never felt a depression, is now the largest company of its kind in the world. To explain this record, Scott officials talk lovingly of the quality of their tissue. Last week Scott talk turned from tissue to issue as the company registered with SEC plans for a $3,000,000 flotation of stock for plant expansion. Simultaneously, genial President Thomas Bayard McCabe reported a half-year net profit of $743,627.72, best six months in Scott's history.


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!