Business: One Dollar

Though Edison invented phonographs, his face is not yet as familiar in far-off lands as is that of a small, white, listening dog. Thus is injustice done to inventors. Was injustice done, last week, when Chairman John E. Aldred of the Gillette Safety Razor Company announced that the value of its patents had been suddenly written down from $3,459,500 to $1? Did that imply that the ideas of Inventor King Camp Gillette are now worth one hundred cents?

Friends of Chairman Aldred smiled a negative. When he backs an inventor he does not disparage him, does not deal in little white...