Word: nettings
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Dates: during 1950-1959
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...girl lived). Next, in 1907, came Irish-born Dan Tobin, who was to hold office for 45 astonishing years. Fond of boasting that he ran the union with only two staffers, Tobin came to rule over an empire that had 1,000,000 members, claimed a net worth of $25 million, and had enormous economic and political power...
...damning indictment of all. While Beck's performance drew the headlines, a Washington jury found newspaperman Seymour Peck guilty of contempt of Congress [See PRESS]. Ex-Communist Peck had freely testified to his own past deeds but declined to name other men he had known in the same net. In the end, the courts may decide that Beck's silence is technically less vulnerable to punishment than Peck's. The reverse distinction is palpably clear in moral terms. Beck remained silent to guard his neck; Peck risked his neck to prevent capricious injury to other persons. Although...
...world's largest private cotton dealer, suggested another place where Congress might apply its shears: the huge $5 billion farm-subsidy program. Says Fleming, noting that federal farm programs this year may total 42% of net farm income: "I believe a time has come when thoughtful cotton growers will come to the conclusion that a business which depends on Government support, obtained through logrolling, is a dangerous business...
...time. Claiming that Penn-Texas now owes more than $22 million for F-M stock, the Morsemen say that Silberstein has nothing to show for it so far except the prospect of a long legal battle. Moreover, the fight has done Penn-Texas no good financially. While 1956 net income totaled $7,074,000, some $4,846,000 was from nonrecurring items such as the sale of plants (later leased back) to raise cash for F-M stock purchases. The company's true net income (not counting nonrecurring items) was $2,228,000 in 1956, a drop...
...personal friend and executive vice president of Providence's Industrial National Bank, groomed him carefully to share the burden. Thompson's incentive: a "challenge to show that a banker can make a good corporate executive," plus a $75,000 salary, 1% of the company's net earnings (up to his base salary), and a stock option for 50,000 shares at $25 each (current price...