Word: fee
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Dates: during 1920-1929
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...never could understand the line Oswald has taken. He was born with a gold spoon in his mouth-it cost a ?100 doctor fee to bring him into the world. He has lived on the fat of the land and never did a day's labor in his life. He had the best education and money was spent on him galore. If he and his wife want to go in for labor why don't they do a bit of work themselves or why doesn't Lady Cynthia sell her pearls for the Smethwick poor...
Samuel Untermeyer, corporation lawyer: "My counsel fees are among the highest in the profession. For $100 no one can hire me to walk out my office door, if that walking displeases me. Yet last week I was given a fee of $83.75 for representing Allen R. Ryan, son of Thomas Fortune Ryan. I was his lawyer when he went bankrupt, after his 1920 corner of Stutz Motor stock, with $9,000,000 of unsecured debts. Last week those debts were liquidated for approximately 18½c on the dollar. My $83.75 represented my original $45,000 fee...
...eight-story building, yet under construction in Greenwich Village, Manhattan, to house his activities. The building is worth $1,500,000, and stands on ground leased for 84 years at $30,000 yearly rental, or $2,520,000 for the entire period. Bernarr Macfadden cannot buy the land in fee simple, for it is owned by Trinity Corporation, which represents Trinity Church...
...Klan. They used to work together. The Wizard told Mr. Stephenson the system and the blurb of the K. K. K. They hatched a scheme. For four years after that, D. C. Stephenson moved among the virgin fields of Indiana, getting members for the Klan. For every $10 initiation fee he was paid $4. He took in several hundred thousand members and made so much money that he got into trouble with the national Klan.* He was ready, he thought, to reach out for power...
...basic business principle is: "The most service for a definite cost." The hotels he builds (it is impossible for him to operate old, unspecialized structures) are for guests expecting to pay from $3 to $5 for a room (few rooms are more expensive). For this fee he gives certain quarters (always with bath) and services. He knows that his rooms will always be 80% to 85% occupied, 60% being the average for most other hotels. (He insists on keeping some free for renovating.) The number of rooms must be large. Finally the land on which his hotels stand must...