story of Jones & Lamson Tool Co... Value of patent protection to industry.. More jobs created than displaced by patented devices... Need for more easily accessible capital for small industries. Formation of company to establish new industry. -- Patent infringement litigation discloses evils in present patent system. Number of patents held by Bell System and their use.. Relationship between issuance of valid patents and proposed single Birth and development of Farnsworth television idea Application for patent covering basic idea of Farnsworth television. Impossibility of obtaining financial backing without patent system... Patents on useless inventions... Alleged suppression of patents in television field.. Radio Manufacturers Association Television Standards Committee__ Comparison of provisions of foreign and United States patent systems. U. S. patents held by foreigners and foreign patents held by Americans. The Automotive Parts & Equipment Manufacturers Association............. Patent system responsible for development of automotive industry.. Interest of industrial concerns in independent inventions__ Inability of inventor to enlist capital without patent protection_ 163. Diagram of the cotton gin, patented Mar. 14, 1794, by Eli Whitney. 164. Diagram of the reaper, patented June 21, 1834, by Cyrus H. McCormick.. 165. Diagram of the telegraph, patented June 20, 1840, by Samuel F. B. Morse 166. Description of vulcanized rubber, patented June 15, 1844, by Charles Goodyear---. 167. Diagram of the steam power brake, patented Apr. 13, 1869, by George Westinghouse, Jr.......... 168. Description of improvement in treating and molding pyroxyline, patented July 12, 1870, by John W. Hyatt, Jr., and Isaiah S. Hyatt.. 169. Diagram of barbed wire fences, patented Nov. 24, 1874, by Joseph F. Glidden____ 170. Diagram of the telephone, patented Mar. 7, 1876, by Alexander Graham Bell.. 171. Diagram of apparatus for electric welding, patented Aug. 10, 1886, by Elihu Thomson__ 172. Diagram of the electric motor, induction type, patented May 1, 1888, by Nikola Telsa- 173. Diagram of the manufacture of aluminum, patented Apr. 2, 1889, by Charles M. Hall___ 174. Diagram of a machine for producing linotypes, type matrices, etc., patented Sept. 16, 1890, by Ottmar Mergenthaler.... 175. Diagram of the photogravure printing plate, patented Apr. 11, 1893 by Frederic E. Ives... 176. Diagram of an electrical furnace, patented May 19, 1896, by Edward G. Acheson_.. 177. Diagram of a glass-shaping machine, patented Aug. 2, 1904, by Michael J. Owens.. 178. Diagram of a flying machine, patented May 22, 1906, by Orville Wright and Wilbur Wright__ 179. Chart: Applications filed and patents granted, for years 1836 to 1937, including designs and reissues- 180. Chart: Applications filed and patents granted, for years 183. Chart: Percentage of patents issued to large corporations 846 1127 188. Charts: Patents acquired by purchase by corporations dur- 1128 847 1128 847 1129 197. Chart: Number of applications pending up to 5 years for years 1932 to 1938_._. 198. Chart: Patent monopoly permitted under present law, and 202. Chart: Patents in litigation, by sections of country, shown on map of the United States.. 203. Chart: A case history of the litigation on one patent- 205-A. Diagram of manner of buoying vessels, patented 1849 by Abraham Lincoln_. 206. Pamphlet: Report of the Committee of the Science Advisory Board, on the relation of the patent system to the stimulation of new industries____ 210. Tabulation: Number of patents granted by the United States 207. Photostatic copy of Letters Patent. 208. Genealogical chart of the Robbins and Lawrence shop. to residents of large foreign countries, 1930 to 1937 and 928 1148 212. Tabulation: Comparison of patents granted to residents of 214. List: Parts of an automobile (excluding the body proper) and automobile equipment_ - patents (Gebrauchsmuster). Unnumbered. Brief bibliography on short-term, minor or petty 244. Letter, dated Jan. 24, 1939, from F. B. Jewett, vice president of the American Telephone & Telegraph Co., to Hon. Joseph C. O'Mahoney, chairman, Temporary National Economic Committee, submitting information relative to the long-life vacuum tube. Entered in the record on Feb. 8, 1939.. 1157 1158 INVESTIGATION OF CONCENTRATION OF ECONOMIC POWER MONDAY, JANUARY 16, 1939 UNITED STATES SENATE, TEMPORARY NATIONAL ECONOMIC COMMITTEE, Washington, D. C. The Temporary National Economic Committee met pursuant to adjournment on Friday, December 16, 1938, at 10:30 a. m. in the Caucus room of the Senate Office Building, Senator Joseph C. O'Mahoney presiding. Present: Senators O'Mahoney (chairman) and King; Representative Williams; Messrs. Henderson, Ferguson, Lubin, Patterson, Davis, Peoples, and Thorp. Present also: Senator Homer T. Bone, of Washington, chairman of the Senate Patents Committee; Representative William I. Sirovich, of New York, chairman of the House Patents Committee. Counsel: Justin W. Macklin, First Assistant Commissioner of Patents; Henry Van Arsdale, Assistant Commissioner of Patents; Leslie Frazer, Assistant Commissioner of Patents; John A. Dienner, special counsel for committee; George Ramsey, of New York, assistant to Mr. Dienner; R. F. Whitehead, Solicitor for the Patent Office; and Grattan Kerans, Administrative Assistant to the Commissioner. The CHAIRMAN. The committee will please come to order. Vice Chairman Sumners is detained by reason of a caucus of some kind in the House of Representatives. The Chair will recognize Admiral Peoples, representing the Treasury Department upon the committee. Mr. PEOPLES. Members of the committee. It becomes my sad duty to announce the sudden and untimely death of Mr. Herman Oliphant, who was a member of this committee. He was a man of the highest integrity, of unbounded energy and devotion to duty, and of unrivaled attainments in his chosen field. At the time of his death he played a truly indispensable part in carrying out the work of this Government and his passing causes irreparable loss to this committee and to the Nation. Perhaps because he rose from humble beginnings he never disassociated himself and his ideas from the common people. Endowed with unusual vision and mental gifts of the very highest order, he devoted himself unstintingly to the public good without thought of personal gain or of the effect of his ceaseless labors upon his physical well-being. Here is a man of whom it can truly be said that he gave his life in the service of his country. 835 It is with a sense of deep personal loss that I speak briefly of Mr. Oliphant's passing, for all those who worked with him had real admiration and real affection for him as a man, and I offer, Mr. Chairman, the following resolution, and move its adoption by the committee: Be it resolved by the Temporary National Economic Committee in meeting assembled, That the committee has learned with profound sorrow and deep regret of the announcement of the death of Mr. Herman Oliphant, a member of this committee, and that the committee deplores his untimely passing; and be it further Resolved, That the record of these proceedings be prepared and transmitted to the family of our deceased member. Senator KING. Mr. Chairman, I second the motion. The CHAIRMAN. You have heard the resolution. The motion is made and seconded that the resolution as presented by Admiral Peoples, alternate of Mr. Oliphant upon this committee, representing the Treasury Department, be adopted. All in favor will indicate by rising. It is unanimously adopted. The CHAIRMAN. The Chairman now takes the opportunity of welcoming to membership upon this committee the Honorable Clyde Williams of the House of Representatives from the State of Missouri, who has been appointed by the Speaker of the House of Representatives to take the place made vacant by the resignation of Congressman Eicher, recently appointed to the Securities and Exchange Commission. Congressman Williams, we are glad to have you with us, and we are sure that your presence is going to help us struggle along with this problem. Congressman WILLIAMS. Thank you. I am glad to be with you. The CHAIRMAN. The committee has been called this afternoon in pursuance of the decision reached at the last public hearing for the purpose of presenting additional testimony with respect to patents. This hearing is under the direction of the Department of Commerce. The Chair will recognize Secretary Patterson to open the hearing. EXAMINATION OF THE PATENT LAWS AND OPERATION OF INDUSTRY UNDER THEM Mr. PATTERSON. Mr. Chairman and members of the committee: From December 5 to December 16, 1938, the Department of Justice presented evidence before this body concerning the patent experience of two major industries. At that time, according to the statement of the Department of Justice, interest was centered upon the question of "the relationship between patent practices and the free and open market which it is the purpose of the antitrust laws to maintain.” This earlier hearing was "not concerned with the patent law as such or with the details of its administration." To be sure significant evidence was introduced with regard to certain practices in connection with the administration of the patent law, but this was an incidental byproduct of the basic inquiry. The discussion of the patent laws is resumed today from a somewhat different angle. We are concerned primarily with such questions as: What is a good patent law; does the present law fulfill its constitutional purpose; and, in the light of our modern business 1 Sec Hearings, Part II. |