Business & Finance: Soap Centennial

Hundred years ago last week, when Martin Van Buren was President, Brothers-in-law William Procter, who made candles, and James Gamble, who made soap, joined forces in a shed in Cincinnati, set about selling their products from door to door with one assistant. Last week P. & G., now the largest U. S. maker of soap and allied products—with 10,000 employes, total assets of $133.000.000, net income last year of $16,000,000—distinguished itself by making no fuss whatever over the fact that it is one of the few great U. S. corporations with a century of history behind it.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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