Word: pies
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Dates: during 1940-1949
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...confined to Big Steel. (President Truman, at his press conference, said he had always contended that steel prices were too high and he still thinks so.) Bethlehem Steel's net for 1948 was $90.3 million, up 76.8%, but the company cut no extra share of the dividend pie. Armco Steel, with a 28% increase in its profit to $32 million, boosted its quarterly dividend from 50? to 62½?. Wheeling Steel kept to its regular rate ($1 a quarter), though its earnings had jumped to $23.24 per common share (v. $18.66 last year), nearly half the current market price...
...Criminal Mind. In St. Louis, after Chef Samuel Patterson had assured two gunmen that he had no money, they settled for two slabs of apple pie...
Perhaps the biggest stumbling-block for federal aid is the fear--honest or not--of federal control. Everybody wants to get a slice of the federal pie; few prospective beneficiaries want the government to set up uncomfortable standards and stringent conditions. That accounts for a good deal of the hot air about, "federal dictation." The more imaginative opponents (not of aid, necessarily, but of controls) picture a gigantic Washington bureau sending out hatchet-men by the score to bulldoze teachers into pumping unconstitutional propaganda down the maw of American Youth...
Show business has given him a theatrical sense. Pie maintains the "little man" legend by wearing army pants and brown leather flyer's jacket, on the back of which is a faded pin-up girl portrait...
...Payoff. Capital, too, proved worthy of its hire. Net profits for the year were an estimated $21 billion, compared to $17.4 billion the year before. (Industry's slice of the national pie was still slightly smaller than its record in 1929.) Though some of this profit was fictitious, i.e., a profit on inventory rather than actual sales, many an industry had done so well that even a drop in profits next year would leave it well off. As one businessman put it: "Our earnings have been superduper. From now on they'll be merely super...