Word: overbidding
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Fitted out with freshly painted oar and bright red cushions, a gondola owned by the late Prince Alexis Mdivani was auctioned off in Venice. Price: $80. Purchaser: the Prince's sister, Señora José Maria Sert, who overbid a gondolier who wanted to use it as a taxi. Mdivani's onetime wife, Countess Barbara Hutton Haugwitz-Reventlow, was loafing at nearby Lido...
...Geraldine, Mont., Mrs. R. M. Porter was dealt 13 spades, bid seven spades, was overbid by her spadeless partner with seven no trump, doubled, vulnerable. He made...
...been expected to underbid the field, capture a virtual monopoly of U. S. airmail. Instead, he bid so close to the maximum on eight routes, that he was heavily underbid on all but the Newark-Boston run. He stood to lose even his old southern transcontinental route, having overbid his nearest competitor for half the run by 10?. Obviously fear of Cord competition had caused other lines to hack down their rates to a level where they could not possibly make their operating expenses...
...business still takes its toll of small, : but it does so mostly by the greater efficiency which comes from mass operation and this is regarded as legitimate. The old trust masters, ambitious egoists, often unscrupulous, . have either died or retired. In their place is a new generation who overbid their competitors in efficiency, of which Henry Ford is an example. The public fear of trusts has gone likewise, because the public understands that big business is a necessity under modern conditions and, especially in the last decade, because the public is becoming more and more a security holder...