
Magazine content is available exclusively for TIME subscribers.Business: Fire Hose
Though they angered Roosevelt I the most, monopolies in tobacco, oil and whiskey were not the only U. S. trusts. The Bath Tub Trust made exciting news in 1899. The Wallpaper Trust was a failure.
In the depression of 1893 bakers talked darkly about a trust in gingersnaps and crackers. But not until last week did the U. S. ever hear of a trust in fire hoses.
When New York City called for bids in October 1932, the NRA was not even a political idea and the rubber industry was quoting 34¢ per ft. as...
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