Word: grosses
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Dates: during 1940-1949
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Victory in the present war will leave us with many unsolved problems concerning our relations with Asia and other little understood parts of the world. We have begun to realize that gross economic inequality between nations is an unsafe foundation for world peace; we know that extreme nationalism and high barriers against free movement of goods and persons are a menace to international good feeling, but we do not know just how we can avoid these dangers without running into others. Can we secure an equilibrium by raising the less fortunate countries to something like our level of well-being...
...plain fact the relation of net profits to gross business told quite a different story. Thus New York Ship, which in 1939 earned a net profit of about 3.6% on a $25,000,000 business, in 1941 earned only 3.2% on $95,000,000. On the basis of OPA figures, the relation of net to gross for 100 prime contractors in 1941 was 7.9% In 1942 the net profits of most corporations will show a substantial decline...
With Expansionist Hunter in the pilot's seat, Northwest pushed westward to Seattle and Portland, hiked gross revenues threefold to $5,000,000, lifted profits from zero to over $400,000. Meanwhile Hunter made a long survey flight to Alaska, followed it with a CAB petition for a commercial route to Fairbanks, others to New York City and Washington. But the war froze these petitions in their pigeonholes, forced Airman Hunter to look for something else. He found it in a big Army contract to fly anything & everything from Minneapolis to Alaska...
...fixing" elections in the future, whenever a group in power decided to make the attempt. Only complete publicity of the names of those who choose the slate can assure that they will be responsible and answerable to their constituents, and can protect the undergraduates from the possibilities of gross misrepresentation...
Applying only to large firms (having annual sales in the year ending last November of over $200,000 and with inventories of over $50,000), WPB's order seeks to maintain the same relationship between gross sales and stocks as in the years 1939-41. Thus a merchant with average sales of $500,000 in the earlier years and stocks of $250,000 may now hold stocks worth (at cost) half of his current sales volume...