Mr. Gartenbaum reported that he had had a telegram from Ribstone declining assistance in financing the Ginger Cubes. Mr. Gartenbaum thought the matter important enough to warrant calling the directors together. Was it possible that Ribstone had access to new sources of capital hitherto unemployed in the drug trade? This seemed unlikely in view of their own recent canvass. Mr. G. asked Mr. O’Keefe, who had just come back from New York, whether he had been able to find out anything definite about the plans for Ginger Cubes.
Mr. O’Keefe said that he had found the trade greatly interested in the rumours that had been current. It was said everywhere that Ribstone had got hold of a formula that was a knockout, and that the Ginger Cubes had caused more talk in pharmacist and confectionery circles than anything since the Smith Brothers sold their razors. He had not been able to get any very definite dope about the distribution plans, but it was common talk that Ribstone intended to spend half a million in the New York newspapers. He had heard that the Gray Matter Advertising Agency was to handle the account. Mr. O’Keefe said that Mr. Gray was an old friend of his, but going to Gray’s office to inquire he found the reception room so choked with solicitors from the newspapers that he did not wait.
Mr. Oldham asked if this man Ribstone had had previous experience in the drug specialty line which would warrant their believing he could make a go of the so-called Ginger Cubes.
Mr. Gartenbaum said that Ribstone had had no experience in that field, so far as he knew, but that he was a very clever merchandiser and had done big things with the Ribstone Memory Course several years ago.
Professor Devonshire of the laboratory department was called upon to ask if he had any idea what the formula of the Ginger Cubes might be, and whether it could be easily duplicated or improved. Professor Devonshire said that, speaking as a chemist, ginger had many possibilities as a popular drug staple, that its principal constituents are starch, volatile oil, and resin; that it has carminative and purgative values, especially for dyspepsia and flatulence, and is helpful for seasickness, headache, and toothache. He said that as soon as the Cubes themselves were on the market he could analyze them and suggest a variation in the formula.
Mr. O’Keefe said that he had tried to get hold of some of the Cubes, but that they were being carefully kept under cover. He believed that Ribstone’s plans were still in the air until his advertising man, Russell, was out of hospital.
Mr. Gartenbaum asked if Mr. Russell was in hospital because he had been trying some of the Ginger Cubes.
Mr. Oldham said that he had been greatly impressed by the amount of gossip in the trade about the Ginger Cubes, but he believed the value of the thing lay not in any unique formula but in the cleverness of the name Ginger Cubes, and particularly the additional name Digestive Dice.
Mr. Gartenbaum agreed and submitted it to the meeting that it would be well worth while to ride on Ribstone’s effort by putting out a similar product with an equally catchy name. He instanced the way Eskimo Pie was followed immediately by a dozen imitations, all very nearly as successful.
Mr. Sombre of the Promotion Department asked if Mr. Gartenbaum had thought of any name as appealing as Ginger Cubes.