Word: net
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Dates: during 1940-1949
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Frenchmen, preoccupied with day-to-day living, ignored the great philosophic questions to which their fathers contributed so much. Britain was even more obsessed with shortages; TIME'S London Bureau last week cabled: "Britain's net situation is as nearly hopeless as any undestroyed and undefeated nation's can be." The U.S., a powerhouse of farm and factory production, had reluctantly assumed the political leadership of the West. Its steps were uncertain, its destiny only dimly understood by its own restless people...
...Pants. "The first reason for this failure is that the church-the modern, modernist Protestant church-rates me altogether too highly. It has been one of the glories of Protestantism that it has put its emphasis on the Individual, on Free Will and Free Choice. But the net result may prove to be disastrous. . . . I'm simply not as good as modern Protestantism assumes me to be. I haven't got the spiritual stuff to do, on my own, what modern Protestantism expects me to do. The church has failed me because it has given me too much...
...proprietors (stockholders) heard the 30th governor, Sir Patrick Ashley Cooper, report: "The fall in net profits (from ?1,717,397, to ?1,068,803) is largely due to the sharp fall in inventory prices in the fur trade. . . . The directors anticipate . . . some further downward adjustment. . . ." But Sir Patrick was confident. The company, he said, was well on the way to re-establishing London's eminence in the world's fur markets; the future looked bright...
...justification for the $5 increase was closely linked to second-quarter statements published last week. Big Steel's net income was $29,336,868, down 25.2% from the record-breaking first quarter. Beth Steel's had dropped...
...Packers. Big Steel has yet to report, but the little-steel companies were fat. Sloss-Sheffield's $872,398 net was up 92% over 1946; Detroit Steel Corp.'s $2,747,433 up 63%; American Steel Foundries' $1,951,439 up 71%; Continental Steel Corp.'s $641,454 up 39%. Only Republic Steel Corp., whose second-quarter net of $5,214,820 was only half that of the first quarter, showed the rise in costs the producers complained about. Even so, its $16 million net in six months was four times its profit in the corresponding...