Gillette Expands

In TIME for April 19, p. 34, there appeared a news item headed "Gillette v. Rothschild." According to the Gillette Safety Razor Co. of. Boston, the facts in this item were misstated. The company has issued the following statement*, which TIME, in the interests of accuracy and fair play, is glad to print:

"The Gillette Safety Razor Co. has acquired a majority interest in the Roth Buchner Co., the largest manufacturer of safety razor blades in Germany, and has also purchased the entire capital stock of a large Austrian manufacturer.

"Acquisition of control of these concerns opens up some interesting possiblities for Gillette in the way of expansion of its sales. Present organizations of these companies will be retained, and they will continue to market blades under their trade names as before.

"From $1,000,000 to $1,500,000 is involved in the purchase of stocks of the German and Austrian companies.

"This move will undoubtedly be reflected in increased earnings for all companies concerned."

* Reprinted from Boston News Bureau.