1 00:00:04,400 --> 00:00:06,840 Speaker 1: Hey, welcome to the Short Stuff. I'm Josh, there's Chuck, 2 00:00:06,920 --> 00:00:09,479 Speaker 1: Jerry's here, Dave's here too, don't worry about that. And 3 00:00:09,640 --> 00:00:13,360 Speaker 1: this is short stuff, that's right. This is our our 4 00:00:14,000 --> 00:00:19,960 Speaker 1: women who changed History, episode one of them. Yeah for sure. Um, 5 00:00:20,120 --> 00:00:22,959 Speaker 1: we're talking about a woman named Betty Claire McMurray, better 6 00:00:23,040 --> 00:00:26,920 Speaker 1: known as Betty Knewsome Graham, better known as the woman 7 00:00:27,240 --> 00:00:31,400 Speaker 1: who invented um liquid paper, which also has a bunch 8 00:00:31,440 --> 00:00:34,480 Speaker 1: of different UM copiers like white out, which has become 9 00:00:34,520 --> 00:00:37,800 Speaker 1: a proprietary eponym. But really liquid paper was first, which 10 00:00:37,840 --> 00:00:40,120 Speaker 1: is why we're talking about Betty today. That's right. And 11 00:00:40,159 --> 00:00:44,280 Speaker 1: there's some really cool parts of the story. Uh. Betty 12 00:00:44,360 --> 00:00:49,680 Speaker 1: was born in Dallas and it's cool so far. She 13 00:00:49,680 --> 00:00:51,919 Speaker 1: went to school in San Antonio and then at seventeen 14 00:00:52,680 --> 00:00:56,800 Speaker 1: left school married her sweetheart, uh one Warren Nes Smith. 15 00:00:57,520 --> 00:01:00,280 Speaker 1: And this is something I knew since I was a kid, 16 00:01:00,800 --> 00:01:04,520 Speaker 1: is that Mike Nest Smith of the Monkeys, is that 17 00:01:04,760 --> 00:01:07,080 Speaker 1: was the heir to the liquid paper fortune because his 18 00:01:07,280 --> 00:01:10,679 Speaker 1: mom invented it. Yeah, so I knew that he was 19 00:01:10,959 --> 00:01:12,920 Speaker 1: an air to a fortune. I had no idea which 20 00:01:12,959 --> 00:01:14,480 Speaker 1: one that's really anes Yeah, I don't know why I 21 00:01:14,520 --> 00:01:15,840 Speaker 1: knew it back then. It was just one of those 22 00:01:15,840 --> 00:01:18,520 Speaker 1: weird little facts that always stuck with me. That Mike 23 00:01:18,560 --> 00:01:22,000 Speaker 1: from the Monkeys, his mom invented liquid paper, and she 24 00:01:22,120 --> 00:01:25,800 Speaker 1: did so largely. Well, let's get to the story. She 25 00:01:25,840 --> 00:01:28,760 Speaker 1: divorced not too long after she got married, just about 26 00:01:28,760 --> 00:01:32,880 Speaker 1: five years she got divorced in and so it was 27 00:01:32,920 --> 00:01:35,120 Speaker 1: a single mom with a kid, little little Mike, to 28 00:01:35,200 --> 00:01:39,120 Speaker 1: support before he started making that Monkey's dough. And eventually 29 00:01:39,160 --> 00:01:41,080 Speaker 1: she got a job as a typist at Texas Bank 30 00:01:41,120 --> 00:01:44,720 Speaker 1: and Trust. And there was a weird thing that happened 31 00:01:44,760 --> 00:01:46,920 Speaker 1: with the ribbons that we talked about in the Typewriter 32 00:01:46,959 --> 00:01:50,960 Speaker 1: episode that was just out. They went from fabric to carbon, 33 00:01:51,840 --> 00:01:54,000 Speaker 1: and the keyboards got a little more sensitive, and they 34 00:01:54,040 --> 00:01:56,880 Speaker 1: realized that mistakes were easier to make in typing, and 35 00:01:56,920 --> 00:02:00,240 Speaker 1: that that carbon ribbon would smudge. He used to sort 36 00:02:00,280 --> 00:02:03,080 Speaker 1: of erase it with the fabric ribbons, but now you 37 00:02:03,120 --> 00:02:05,440 Speaker 1: couldn't anymore. And she was like, I gotta fix this 38 00:02:05,600 --> 00:02:08,280 Speaker 1: because I'm tired of retype in my stuff. Yeah, I 39 00:02:08,280 --> 00:02:11,280 Speaker 1: mean imagine that. Imagine being a typist at at an 40 00:02:11,320 --> 00:02:14,840 Speaker 1: office and and like, you make one typo and you 41 00:02:14,880 --> 00:02:19,280 Speaker 1: have to retype the entire sheet. That was the thing. 42 00:02:19,600 --> 00:02:21,080 Speaker 1: That was the thing, Yeah, at the very end. In 43 00:02:21,120 --> 00:02:25,880 Speaker 1: particularly so what she created, um, this liquid paper, which 44 00:02:25,880 --> 00:02:30,040 Speaker 1: originally she called mistake Out, was like a genuine godsend 45 00:02:30,320 --> 00:02:33,360 Speaker 1: um for herself. At first she she went home and 46 00:02:33,400 --> 00:02:35,239 Speaker 1: she had been trained as a painter. Did you say 47 00:02:35,240 --> 00:02:37,040 Speaker 1: that that her mama kind of taught her how to paint. No, 48 00:02:37,200 --> 00:02:39,000 Speaker 1: but that kind of guided her life in a lot 49 00:02:39,000 --> 00:02:41,600 Speaker 1: of ways, as we'll see for sure. So she kind 50 00:02:41,639 --> 00:02:45,240 Speaker 1: of took that knowledge and um used what's known as 51 00:02:45,280 --> 00:02:47,240 Speaker 1: a tempera paint you know, the kind that they let 52 00:02:47,280 --> 00:02:50,320 Speaker 1: preschoolers paint with. That's the same thing as liquid paper. 53 00:02:50,680 --> 00:02:52,799 Speaker 1: And then she took a watercolor brush, put it in 54 00:02:52,880 --> 00:02:55,160 Speaker 1: a little jar and brought it to work. And in 55 00:02:55,440 --> 00:02:58,600 Speaker 1: very short order, some of her colleagues, who were also 56 00:02:58,680 --> 00:03:02,160 Speaker 1: typists and secretaries, said, give me some of that. Yeah, 57 00:03:02,280 --> 00:03:05,560 Speaker 1: I making mistakes like crazy, She said, stop making mistakes. 58 00:03:05,600 --> 00:03:09,320 Speaker 1: Then no, she said here uh And she had actually 59 00:03:09,320 --> 00:03:12,400 Speaker 1: even branded she started writing mistake out on the label 60 00:03:12,440 --> 00:03:16,120 Speaker 1: early on. I think probably, I think probably at first 61 00:03:16,160 --> 00:03:17,880 Speaker 1: just as sort of like a fun thing to do, 62 00:03:18,639 --> 00:03:22,520 Speaker 1: and then realize like, hey, people are actually using this stuff. Uh. 63 00:03:22,600 --> 00:03:25,519 Speaker 1: She started to refine the process in her kitchen. This 64 00:03:25,639 --> 00:03:27,639 Speaker 1: is kind of like like an American dream story, like 65 00:03:28,040 --> 00:03:30,960 Speaker 1: working on a product out of your house that eventually 66 00:03:31,000 --> 00:03:34,639 Speaker 1: becomes like a multimillion dollar business. Uh. And that's what happened. 67 00:03:34,680 --> 00:03:37,720 Speaker 1: She had a paint company employee that apparently helped her out, 68 00:03:38,040 --> 00:03:40,680 Speaker 1: and a chemistry teacher at a local high school that 69 00:03:40,720 --> 00:03:44,920 Speaker 1: helped her out. Who would play him the chemistry teacher? Yeah, 70 00:03:44,960 --> 00:03:48,400 Speaker 1: I'm assuming it's to him. I don't know what you got, ed, Harris. Now, 71 00:03:48,440 --> 00:03:53,000 Speaker 1: he's too salty, too salty. No, that one um multi 72 00:03:53,040 --> 00:03:55,200 Speaker 1: talented character actor. I can't remember his name. I think 73 00:03:55,200 --> 00:03:58,680 Speaker 1: it's James, but he was like the guy in the game. 74 00:03:59,760 --> 00:04:03,400 Speaker 1: Uh he's been Yeah yeah, the guy that's signed up 75 00:04:03,400 --> 00:04:06,840 Speaker 1: Michael Douglas in the for the game. Yeah yeah, yeah, yeah, yeah, 76 00:04:06,880 --> 00:04:10,400 Speaker 1: totally Kim, he would be great as that guy. I 77 00:04:10,440 --> 00:04:14,160 Speaker 1: like that. All Right, He's gassed as far as I'm concerned. Okay, 78 00:04:14,200 --> 00:04:18,040 Speaker 1: So she puts all this together, and um, she's she's 79 00:04:18,080 --> 00:04:22,960 Speaker 1: basically spending her nights and weekends working on um, just 80 00:04:23,200 --> 00:04:25,360 Speaker 1: getting as many of his bottles together as possible, but 81 00:04:25,400 --> 00:04:27,800 Speaker 1: also not making a lot of money. She hired Mike 82 00:04:27,880 --> 00:04:30,159 Speaker 1: and his friends to fill bottles at like a dollar 83 00:04:30,240 --> 00:04:34,000 Speaker 1: an hour a piece. I think, UM. And it wasn't 84 00:04:34,080 --> 00:04:36,960 Speaker 1: until that she either quit her job at the bank 85 00:04:37,680 --> 00:04:42,080 Speaker 1: or was fired from the bank for accidentally signing a 86 00:04:42,120 --> 00:04:46,800 Speaker 1: business document with her business's name and address. UM. Apparently 87 00:04:46,800 --> 00:04:50,320 Speaker 1: didn't use mistake out on that UM. And when she 88 00:04:51,080 --> 00:04:53,919 Speaker 1: was released from work, one way or another, she was 89 00:04:53,960 --> 00:04:56,359 Speaker 1: set free, and all of a sudden, mistake out became 90 00:04:56,440 --> 00:04:59,279 Speaker 1: like a big thing. So I say, now, Chuck, we 91 00:04:59,279 --> 00:05:00,840 Speaker 1: we take a break and then come back and talk 92 00:05:00,880 --> 00:05:03,320 Speaker 1: about how she built the business even further. Let's do 93 00:05:03,360 --> 00:05:23,840 Speaker 1: it all right. So she has left the job in 94 00:05:23,960 --> 00:05:28,280 Speaker 1: fifty eight, starts taking some meetings with some big corporations 95 00:05:28,320 --> 00:05:31,720 Speaker 1: that are ordering bottles, like hundreds of bottles of liquid 96 00:05:31,760 --> 00:05:35,080 Speaker 1: paper and this is g e IBM some big corporations. 97 00:05:36,120 --> 00:05:38,640 Speaker 1: She applies for that patent, changes the name to liquid 98 00:05:38,640 --> 00:05:42,440 Speaker 1: Paper Company, and then starts doing that business things, starts 99 00:05:42,480 --> 00:05:45,520 Speaker 1: to reinvesting the profits, goes from the kitchen to the 100 00:05:45,520 --> 00:05:48,840 Speaker 1: backyard to a four room house. Uh, and then eventually 101 00:05:48,880 --> 00:05:52,600 Speaker 1: gets remarried in sixty two to a guy named Robert 102 00:05:52,680 --> 00:05:56,680 Speaker 1: Graham who kind of got super involved in the business. UH. 103 00:05:56,800 --> 00:06:00,120 Speaker 1: As we'll see for better for worse. Yeah. So in 104 00:06:00,279 --> 00:06:06,920 Speaker 1: nineteen sixty eight, she's got nineteen employees, corporate headquarters, automated operations. 105 00:06:06,920 --> 00:06:11,599 Speaker 1: In that year, she sold one million bottles of liquid paper, 106 00:06:11,640 --> 00:06:15,160 Speaker 1: which is pretty great. Um. By nineteen seventy five, she's 107 00:06:15,200 --> 00:06:18,240 Speaker 1: moved into a thirty five thousand square foot headquarters in 108 00:06:18,320 --> 00:06:21,800 Speaker 1: Dallas and the equipment that she's running can produce five 109 00:06:21,880 --> 00:06:24,520 Speaker 1: hundred bottles a minute. And there's something else that you 110 00:06:24,560 --> 00:06:30,480 Speaker 1: should know about Betty Graham. She uh ran the company 111 00:06:30,600 --> 00:06:35,000 Speaker 1: as a genuinely good person. There was a library in 112 00:06:35,400 --> 00:06:39,360 Speaker 1: the plant. There was a child care center in the plant. 113 00:06:39,440 --> 00:06:42,480 Speaker 1: This is the mid seventies, by the way. Um, they 114 00:06:42,480 --> 00:06:44,880 Speaker 1: didn't even come up with that idea until the eighties 115 00:06:45,040 --> 00:06:48,440 Speaker 1: via the movie nine five, and she was already doing it. 116 00:06:48,960 --> 00:06:52,520 Speaker 1: She also was a patron of women and the arts 117 00:06:52,600 --> 00:06:55,599 Speaker 1: and women who were also artists. Yeah. She set up 118 00:06:55,600 --> 00:06:59,480 Speaker 1: a couple of foundations. One, in fact, a lot of 119 00:06:59,520 --> 00:07:01,880 Speaker 1: the information and from this came from the I think 120 00:07:01,880 --> 00:07:05,359 Speaker 1: it's pronounced gihan g i h o n Foundation. She 121 00:07:05,400 --> 00:07:08,919 Speaker 1: found a way back in nineteen seventy six, which combined 122 00:07:08,920 --> 00:07:13,360 Speaker 1: her love of art with her supportive women in feminism. 123 00:07:13,600 --> 00:07:17,160 Speaker 1: She collected paintings and art works by women, and then 124 00:07:17,200 --> 00:07:21,240 Speaker 1: also the Betty Claire McMurray Foundation, which since nineteen seventy 125 00:07:21,240 --> 00:07:25,120 Speaker 1: eight has been supporting women in need right like, if 126 00:07:25,160 --> 00:07:29,000 Speaker 1: you need shelter and counseling because you're being physically abused, 127 00:07:29,560 --> 00:07:31,960 Speaker 1: or um, if you're a non traditional student and you 128 00:07:32,000 --> 00:07:35,400 Speaker 1: need a scholarship. Um. Like, she definitely put her money 129 00:07:35,400 --> 00:07:37,760 Speaker 1: where her mouth is and she considered herself a feminist 130 00:07:37,800 --> 00:07:41,680 Speaker 1: for sure. UM. And so one of the other great 131 00:07:41,720 --> 00:07:45,880 Speaker 1: things about her her husband Robert Graham. They divorced in 132 00:07:46,040 --> 00:07:51,640 Speaker 1: nineteen seventy five, I believe, and um, she ended up 133 00:07:51,680 --> 00:07:55,720 Speaker 1: stepping down as chairperson from Liquid Paper. Um. She built 134 00:07:55,720 --> 00:08:00,000 Speaker 1: this really great company selling million bottles at a time, UM, 135 00:08:00,080 --> 00:08:03,200 Speaker 1: spending a million dollars in advertising, and she's like, this 136 00:08:03,240 --> 00:08:05,440 Speaker 1: thing is going it's fine. I'm gonna go focus on 137 00:08:05,480 --> 00:08:09,280 Speaker 1: my foundations. And Robert Graham was left along the board 138 00:08:09,680 --> 00:08:12,320 Speaker 1: and he did what can only be described as a 139 00:08:12,320 --> 00:08:16,160 Speaker 1: hostile takeover. Yeah, it was not a pretty site. She 140 00:08:16,240 --> 00:08:19,720 Speaker 1: came out on the losing end at first. UM. She 141 00:08:19,880 --> 00:08:23,960 Speaker 1: was basically kicked kicked out, wasn't allowed back on the 142 00:08:24,000 --> 00:08:27,440 Speaker 1: premises of the company. Uh. They changed her formula actually, 143 00:08:27,480 --> 00:08:30,760 Speaker 1: so she couldn't even get royalties anymore, which is one 144 00:08:30,760 --> 00:08:34,760 Speaker 1: of the biggest like scumbag moves of all time. Uh. 145 00:08:34,920 --> 00:08:37,640 Speaker 1: And then still managed to sort of fight her way 146 00:08:37,679 --> 00:08:40,800 Speaker 1: back in. She had some health problems, but finally managed 147 00:08:40,840 --> 00:08:44,840 Speaker 1: to get control of the company again and in nineteen nine, 148 00:08:45,600 --> 00:08:50,000 Speaker 1: uh with controlling interest, sold Liquid Paper to Gillette for 149 00:08:50,400 --> 00:08:54,600 Speaker 1: almost forty eight million bucks. Pretty great. Yeah. She had 150 00:08:54,600 --> 00:08:57,880 Speaker 1: the very famous quote when she finally regained control of 151 00:08:57,880 --> 00:09:03,720 Speaker 1: her company, Robert, get out of my office. That's that's 152 00:09:03,760 --> 00:09:08,959 Speaker 1: what that's that's what's going to happen in the Robert Goolay. Okay, 153 00:09:10,080 --> 00:09:12,280 Speaker 1: he does a great jerk. Have you ever seen Naked 154 00:09:12,280 --> 00:09:13,800 Speaker 1: Gun two and a half? Yeah, of it is? He 155 00:09:14,000 --> 00:09:17,440 Speaker 1: is he with us? I don't know. But didn't they 156 00:09:17,440 --> 00:09:19,760 Speaker 1: do Peter Cushing and he's not still with us? Oh? 157 00:09:19,800 --> 00:09:21,760 Speaker 1: I don't know. Well, you could get Will Ferrell to 158 00:09:21,800 --> 00:09:24,400 Speaker 1: do Gooley because that's that's one of the funniest bits 159 00:09:24,400 --> 00:09:27,880 Speaker 1: of all time. Okay. Cool. Uh. And here's the thing 160 00:09:27,880 --> 00:09:31,560 Speaker 1: with Liquid Paper is that uh. And these are kind 161 00:09:31,559 --> 00:09:33,679 Speaker 1: of wonky stats and I'm not gonna go over all 162 00:09:33,720 --> 00:09:36,320 Speaker 1: of them because it's um. Some of them are from 163 00:09:36,360 --> 00:09:41,640 Speaker 1: likeeen but generally what they have found is h that 164 00:09:41,800 --> 00:09:47,720 Speaker 1: while office UM like paper itself, UM, office printers, things 165 00:09:47,760 --> 00:09:50,559 Speaker 1: like that, and office supplies have kind of trickled down 166 00:09:50,920 --> 00:09:55,120 Speaker 1: over the years, liquid paper somehow his either stayed strong 167 00:09:55,360 --> 00:09:59,480 Speaker 1: or even gained like a percentage point or two uh 168 00:09:59,600 --> 00:10:02,360 Speaker 1: from me to year uh, which is pretty amazing. And 169 00:10:02,400 --> 00:10:05,120 Speaker 1: they don't Liquid paper itself doesn't release their stats, but 170 00:10:05,360 --> 00:10:08,960 Speaker 1: I think they go by like generically like uh whatever, 171 00:10:09,080 --> 00:10:12,880 Speaker 1: correction products that's what they call them. But UM, I 172 00:10:12,920 --> 00:10:16,680 Speaker 1: know that during the pandemic, home printing and stuff like 173 00:10:16,720 --> 00:10:19,600 Speaker 1: that picked up, So I think I think the correction 174 00:10:19,720 --> 00:10:23,280 Speaker 1: products industry picked up because people all of a sudden, like, hey, 175 00:10:23,320 --> 00:10:26,040 Speaker 1: I'm at home now, and liquid paper you it wasn't 176 00:10:26,040 --> 00:10:28,000 Speaker 1: just for typing, you know, like I used it all 177 00:10:28,000 --> 00:10:31,680 Speaker 1: the time to like write over things, invent, let it dry, 178 00:10:31,760 --> 00:10:34,560 Speaker 1: and brush it thin. They actually think that it is 179 00:10:34,679 --> 00:10:40,360 Speaker 1: artists that's keeping the correction products UM market afloat and 180 00:10:40,400 --> 00:10:43,240 Speaker 1: making an increase. And then also gen Z and their 181 00:10:43,240 --> 00:10:46,160 Speaker 1: fondness for retro things that you do by hand, like 182 00:10:46,200 --> 00:10:49,800 Speaker 1: writing letters is also UM. Some of the patrons of 183 00:10:50,200 --> 00:10:53,560 Speaker 1: liquid paper and its competitors. Now, yeah, I think uh. 184 00:10:53,640 --> 00:10:57,480 Speaker 1: At one point Emily, my wife switched over to the 185 00:10:57,600 --> 00:11:01,680 Speaker 1: little uh, a little entraption that fed out a tape. 186 00:11:02,720 --> 00:11:05,000 Speaker 1: She was big on that. But that was kind of 187 00:11:05,000 --> 00:11:12,120 Speaker 1: a liquid paper purist. Okay, were you like brand Um loyal, 188 00:11:12,200 --> 00:11:14,520 Speaker 1: like too liquid paper? Yeah? I get that white out 189 00:11:14,559 --> 00:11:19,160 Speaker 1: out of my face. Okay. And hey, just to shout 190 00:11:19,160 --> 00:11:21,480 Speaker 1: out Mike Nesmuth real quick. I now everyone knows him 191 00:11:21,480 --> 00:11:24,640 Speaker 1: from the Monkeys, but Mike Nesmuth and I discovered this 192 00:11:24,679 --> 00:11:28,280 Speaker 1: sort of after his passing, released some really really great 193 00:11:28,800 --> 00:11:33,680 Speaker 1: solo records. Uh, and and looking back, was one of 194 00:11:33,720 --> 00:11:37,560 Speaker 1: the founders of country rock kind of before there was 195 00:11:37,600 --> 00:11:40,280 Speaker 1: country rock. That was a seventy four album called and 196 00:11:40,280 --> 00:11:43,160 Speaker 1: the Hits Just Keep on Coming that is now viewed 197 00:11:43,200 --> 00:11:47,320 Speaker 1: as like this genius country rock masterpiece that nobody would 198 00:11:47,360 --> 00:11:51,200 Speaker 1: touch back then, including record execs. Yeah. I remember, like 199 00:11:51,320 --> 00:11:54,200 Speaker 1: learning um that he was really just kind of unhappy 200 00:11:54,200 --> 00:11:56,560 Speaker 1: and stifled in the Monkeys. Like if there was a 201 00:11:56,600 --> 00:11:59,600 Speaker 1: sour puss among the four, it was definitely Mike, And 202 00:11:59,679 --> 00:12:01,760 Speaker 1: you can just tell by looking at him. But that 203 00:12:01,880 --> 00:12:04,160 Speaker 1: was why, like he was way more talented than he 204 00:12:04,200 --> 00:12:06,280 Speaker 1: was allowed to be. Yeah, But he he came around 205 00:12:06,320 --> 00:12:10,400 Speaker 1: and embraced the monkeys later in life, which was also great. Also, 206 00:12:10,520 --> 00:12:13,760 Speaker 1: big ups to the Atlantic and David Graham for the 207 00:12:13,880 --> 00:12:16,880 Speaker 1: article and thought Co and Mary Bellis and then the 208 00:12:16,920 --> 00:12:20,200 Speaker 1: Gihan Foundation. This is where most of the stuff came from. 209 00:12:20,440 --> 00:12:24,320 Speaker 1: Very nice, Chuck, and um big hats off to you 210 00:12:24,600 --> 00:12:28,280 Speaker 1: for choosing as well. Short stuff is that