Columbia Records introduces the 33 1/3 LP (“long playing”) record at New York's Waldorf-Astoria Hotel[?], featuring 25 minutes of music per side, compared to the four minutes per side of the 78 rpm record, the previous standard.
... easily undercut them, by providing what they call, a better treatment for much less money.
Quackery today
The most common products that are being sold, and are ...