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...

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!