Word: dollars
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Dates: during 1940-1949
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Your article on the British economic crisis [TIME, Aug. 29] practically ignores the U.S. tariff as a cause of Britain's dollar hunger. How much importance should be attached to it, and what are the facts? I wish to buy an English overcoat this fall. If I pay $100, how much of it will go to our Government as tariff ? How much will stay with the American merchant as profit? How much will get back to England...
...Steel profits were large: $606 million after taxes, based on the first half of 1949 -an increase of 124% over 1940-41. But that was not as big as it seemed because of the drop in the value of the dollar. And the industry's recent modernization and rebuilding policy "has absorbed most of its recent substantial profit...
...long ago as last fall, Dodger Boss Branch Rickey realized what he had in Newcombe. When the dollar-splurging Pittsburgh Pirates asked the Montrealer's price, Rickey put a half-serious $1,000,000 tag on him; that drew a short answer from Pirate General Manager H. Roy Hamey: "You keep Newcombe; I'll keep my million." Later, before the 1949 season opened, Rickey solemnly announced that Newcombe was for sale: "The price, gentlemen, is a half-million dollars, and when I say a half million I don't mean...
...model is an illusion that can sell evening gowns, nylons and refrigerators. She can sell motorcars, bank loans and worthy causes. She can sell diesel engines, grapefruit and trips to foreign lands. She can sell everything from diapers to cemetery plots, aspirin to Zonite. She is a billion-dollar baby with a billion-dollar smile and a billion-dollar salesbook in her billion-dollar hand. She is the new goddess of plenty...
...investment company with assets of $14 million by the time he was 37. During the depression he snapped up bargains, now has holdings in some 30 companies through his Atlas Corp. He earned the name "Fifty Percent Odium" because, his friends said, "he buys everything for 50? on the dollar...