Inventors Seldom Profit Monopolists See To That
A Federated Press piece recalls Norton a power substation foreman who kept a hidden cubbyhole of gadgets. He could summon any tool by pulling a lever or switch, convincing the crew he could make whatever device was needed.
MENTIONED IN THIS ARTICLE
Norton
Norton the Relentless Monopolist of Machines
The passage describes Norton as arrogant and highly intelligent, preferring machines to people and looking down on slower thinkers. He elicits solemn attention from engineers, opposes unions, and treats workers as fools while pursuing monopoly power, often unaware of his own dominance.
Monopoly by invention and the licensing trap described
The piece argues that inventors rarely profit and monopolies arise when a key process is controlled. It uses Norton and Best-On-Earth as examples where a cheaper new method prompts licensing with limits, market division, and high prices, creating a monopoly that benefits big business rather than the original discoverer.
MENTIONED IN THIS ARTICLE
Best On-Earth
Best-On-Earth
Norton
Set Wage Hearing For Cotton Worker
Washington Labor Dept announces public hearings to set higher minimum wages for cotton garment workers under the Walsh Healey public contracts act will be held here September 23. The current minimum rate is 40 cents an hour.
MENTIONED IN THIS ARTICLE
Washington
Walsh- Healey
Labor Dept
Amalgamated Clothing Workers Push for Higher Minimum Wage
The Industry by the Secretary of Labor in 1942 shows about 175000 workers on government contracts fall under the act. A petition filed with wage hour Administrator William R. McComb by the Amalgamated Clothing Workers CIO seeks raising the minimum to 75 cents an hour.
MENTIONED IN THIS ARTICLE
Secretary of Labor
Wagehour
William R. McComb
Amalgamated Clothing Workers (Cio
Also Mentioned on This Page
By Richard Sasuly
Federated Press
Albert Elmlinger, Sr
General Insurance
Bencan
Boone St
Cincinnati, Ohio
Woodburn
S&w Machine CO
E. Pearl St
Mane's Sausage & Provision CO
Oliver St
Dunbar
Gramm-Curell CO
Gramm
Payliner
Reading Rd
Benson St
Reading, Ohio
Apollo Industries
Colerain Ave
Mulberry
Coal — Coke
Happy Pak
B & O and
Chickering
Kirby
Inventor
Best-On-Earth Products Inc
The
Cincinnati
Catholic Cemetery Society
WM. F. Martin
Neave Building
Main
Knowlton Street
Chaney & Mueller
Jackson Street
General Building Association
Madison Ave
Covington, KY
Hiland
Montfort Heights Auto Service
North Bend Road
Montana
Zimmer Motor Car CO
Pike Street
Complete Home Outfitters
W. Fifth Street
Cherry
Julius Tennenbaum
Main ST