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This is not the first time corporations have paid for work from a serious writer.
At the same time, corporations also lobbied successfully for many loopholes in the tax laws.
Time suggests that nothing else can take its place, though from time to time corporations have offered to do so.
But over time, corporations adjust their affairs so as to minimize the tax, causing the burden to be shifted.
Once upon a time, corporations offered generous health benefits as a way to woo employees into their ranks.
At the time, corporations were starting to make inroads into schools: soft-drink companies were negotiating exclusive deals; advertisements were appearing in bathrooms.
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The New Yorker, April 26 , 1947P. 21 The American Time Corporation of Springfield, Mass., makes industrial timing devices.
By F. H. Hunter and Berton Roueché The New Yorker, April 26 , 1947P. 21 The American Time Corporation of Springfield, Mass., makes industrial timing devices.
The General Time Corporation, which manufactures Westclox's Big Ben, reissued Moonbeam Big Ben last year, which is also a light alarm, devised in the 1940's for the deaf and marketed to the public in 1950 as the Considerate Alarm.
Salton, the maker of George Foreman grills and Timex clocks, said yesterday that it was buying the Westclox, Big Ben and Spartus brands from the bankrupt General Time Corporation for $9.8 million to become the largest maker of clocks in the country.
At the same time, corporation members — particularly Nannerl O. Keohane, the former president of Duke University, and Robert D. Reischauer, president of the Urban Institute — began contacting professors to gauge their reaction to a resignation or even a forced dismissal.
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