Word: bogen
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Dates: during 1930-1939
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...Harry Bogen, born on the East Side, and now living with his mother in The Bronx, was a smart guy and knew it better than anybody. A brief experience as a shipping clerk in the Seventh Avenue garment district gave him his big idea. With a radical acquaintance, Tootsie Maltz, as front, he engineered a shipping clerks' strike, succeeded in tying up deliveries in the garment district. At that point Bogen organized his own delivery service, soon had a near-monopoly in the garment trade. As reward for forensic services rendered he took Tootsie in as partner...
...Bogen knew their monopoly could not last, so while business was still good he sold his interest to Tootsie, started his own dress business. His partners, both lured away from other firms, were a crack salesman and a first-rate designer, Meyer Babushkin. As soon as he had picked the salesman's brains, Bogen froze him out. Thanks to Babushkin's ability and Bogen's shrewdness, the money rolled in. Meantime Bogen's mother began to worry about him, tried to settle him down by making a match with a solid, sensible Jewish girl. Bogen...
...took up an increasing amount of his time and his money. To make a hit with her he drew more and more cash from the business. To get the cash, he persuaded simple-minded Babushkin to open a private account, cash firm checks there and hand him the money. Bogen explained this procedure to his partner by saying that it was a scheme for beating the Government out of a big income tax. As Bogen's pursuit of Martha got more expensive but no more successful, so much money went down the drain that the firm's credit...
...referee's court the matter of Babushkin's cash checks soon came to light. Babushkin could give no reasonable explanation. Bogen swore his partner had been victimizing him. Babushkin went to jail. Smart Guy Bogen, totting up his assets, found he had $20,000, a car, an apartment, a snappy wardrobe, an actress. And he was still a smart...
...foreign machinery to establish a Soviet Economic Base. Foreign money needed to pay for this was got by selling every kind of Russian product abroad at prices exactly low enough to make the sales quick-i. e., "dumping prices." Proudly last week the Gosplan pointed out to Dr. Bogen that repayment of the short-term debts incurred to finance the First Five-Year-Plan has now almost been completed; Bolshevik credit has been sufficiently established to finance additional imports of machinery from Britain, Germany and Czechoslovakia at longterm; and, since there is now less need for the Soviet Union...