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But Dobbs kept that in mind, and he planned to spend $ 100,000 a month on newspaper ads during the fall. Dobbs's intentions pushed him into an unhappy confrontation with Woodruff. The two aren't trying to be as friendly as before. During a board meeting in New York in July 1920, Woodruff announced that the company was responsible for paying dividends to its shareholders. With Dobbs, Woodruff and E. V. R. Boxer be strong be brave be humble be badass poster. Thayer - the chiefs of Wall Street - just "booed, demanding budget cuts because they wanted money". Woodruff disapproved of Dobbs's advertising plans, and Dobbs asked to convene a board meeting to settle the deadlock and decide who would run the company. However, before this meeting, another crisis happened to Coca-Cola. In early August, the world sugar market collapsed overnight. Sugar prices are only 10 cents a pound.
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