Word: bargain
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Dates: during 1920-1929
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Then he hired Stone & Webster to look over the properties acquired and report on their position and prospects. When Stone & Webster had completed their survey, Mr. Morgan offered them the Cumberland Light & Power Co. for the bargain price of $60,000. Borrowing the money, the partners bought the company, sold it some years later for $500,000. It was the profit on this operation that established Stone & Webster as a company of national scope...
Nationally famed is Edward Albert Filene, originator of the Bargain Basement, president of Boston's William Filene's Sons Co., prolific publicist. Not so well known is his brother, Abraham Lincoln Filene, Board Chairman and General Manager of the Filene company. Last week, however, the brothers disagreed and Brother Abraham emerged...
...best merchandising idea of Edward Albert Filene was probably the Bargain Basement, which, first known as Filene's Folly, has since been widely copied. Basement merchandise was sold on the plan of reducing the price for every week that the goods remained unpurchased. Thus a dress might have a first price of $25, and, if not sold at this figure, go down to $22, to $20. to $18 until someone finally bought it. Many a thrifty Boston housewife, eyeing some Basement article, would stand torn with indecision, balancing her chance of waiting another week and getting a lower price...
...case he died by accident. Then she worked on young Manchester to take her gun and kill Parks. She promised Manchester $1,000 of the $14,000 they would realize. After some hesitation, and some difficulty luring Parks to a good spot, Manchester did his part of the bargain last week...
...advantage; but his friendship for Sergeant Domingo, ancient soldier-philosopher, was to more immediate purpose. For Rafael had had the misfortune to fall in love with Vitoria of the mellifluous eyes, Vitoria whom General Hernandez had marked for his own. With the general Rafael drove, laudably, a bargain: give him and Vitoria one night undisturbed and on the morrow he, Rafael, would surrender himself for slaughter. Rafael and Vitoria had their night. Before dawn the revolution broke. Hernandez was shot. Sergeant-Dictator appointed Rafael general in his place. The wise old soldier had been predicting revolution: "To be governed...