Word: cash
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Dates: during 1930-1939
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Pennsylvania. In 1928 State Boss Joseph Francis Guffey thought he could carry Pennsylvania for the Brown Derby if National Boss John Jacob Raskob would give him $500,000 for the campaign. Boss Raskob put up the cash and Pennsylvania, as usual, crashed Republican. This year Boss Guffey thought he could get himself elected to the Senate if National Boss Franklin D. Roosevelt would help him. The President helped, to the tune of a White House luncheon at which Pennsylvania was promised all kinds of good things under the New Deal (TIME, Nov. 5). Result: Boss Guffey became the first Democrat...
...stores. Brother John, seven years younger, joined the firm at 16. They and their father ran the business until 1917 when the eldest Hartford died. In 1912 they had 400 stores, but that was only a beginning. In that year John & George decided to found a cash-and-carry store handling not only tea and a few sidelines but general groceries. Today their chain numbers nearly 16,000 stores literally spread from the Atlantic to the Pacific. It does nearly $1,000,000,000 a year gross business on a profit margin of about 22% and employs nearly...
...tickets on the horses which took first, second or third places. But there were 37 horses entered in the race. And at the Ritz-Carlton last week sat a big, bland, dapper, young Briton ready to pay from $3.500 to $16,800 cash for tickets on a large number of likely winners...
...years this British syndicate has been sending Sidney Freeman Sr., one of the directors, to the U. S. to buy up Sweepstakes tickets from persons who prefer a small sure thing to a large chance. Last summer Sidney Freeman Jr. went along, watched his father trade $100,000 cash for Epsom Derby lottery tickets which won some $225,000 (TIME, June 18). After that lesson Sidney Sr. decided that Sidney Jr. was ready to try his luck alone...
...suite at the Ritz-Carlton newshawks found Sidney Freeman with a headache. He was busy now offering cash to prize-winners who would otherwise have to wait months for their money from overseas. He would pay $145,000 for a $150,000 ticket. Asked if he had bought any tickets on the winner, he remarked cheerfully, "I thought I had one, but I found I hadn't. Well, we take a loss of about $150,000. It does not matter so much. . . . I'll be back in January...