MANUFACTURING: Rubber Hero

"It has been ten years, almost, of good hard work by a hard-hit organization. It has been ten years, almost, of good hard work. It has taken ten years to do it."

Those ten hard years lay heavy in the thoughts of big, bashful Francis Breese Davis Jr. last week as he handed reporters a mimeographed announcement: for the first time since 1928 United States Rubber Co. has declared a dividend—4% on its 8% preferred. Since 1929, when Mr. Davis became chairman and president of U. S. Rubber, that overfed, unhealthy industrial...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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