Liquid Paper, a brand of the Newell Rubbermaid Company, is a type of correction fluid used to fix typewriting in the past and now handwriting mistakes. Bette Nesmith Graham created the first correction fluid in 1951. Since she worked as a typist she made many mistakes and wanted to correct them, so she started with tempera paint and created what she called Mistake Out. She even provided her co-workers with bottles that had the brand name on it.
Soon Graham was fired from her typist job after making a mistake she didn’t correct so she decided to focus her attention on her new company. IBM declined her offer of the product, so she sold the product from her house for 17 years and changed the name to Liquid Paper. She sold the Liquid Paper Corporation for $47.5 million plus royalties to the Gillette Corporation. Newell Rubbermaid purchased Liquid Paper in 2000.
After a number of studies linked fatalities to the trichloroethane contained in correction fluids, Liquid Paper came under scrutiny for the product being sniffed. However, Gillette did remove the trichlorethane due to it being declared toxic and hazardous. It was determined that no carcinogens were in the product and therefore continued to be purchased.