Word: profit
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Dates: during 1930-1939
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...workers never know what portion of their pay comes from steel that goes into automobiles and machinery sold overseas. Farmers do not know whether their crop is bought by foreigners or by workers who earn their money making goods for export. Only a few exporters can see any direct profit from trade reciprocity, but every farmer and businessman...
...receive a $25,000 retaining fee from Fokker. Son Elliott personally was handed four $1,000 and two $500 bills as a down payment and gave a receipt for them. The 50 planes which it hoped to sell Russia were to be priced to yield $20,000 profit apiece, half of which was to go to Elliott or his firm. Salesman Roosevelt showed a model of the planes (Lockheed "Electras" modified for easy conversion to military use) to a delegation of Russian aeronautic engineers. Roosevelt, Fokker & friends worked up a telegraphic code in which the President was "Rochelle," Elliott...
...lift my voice up for Harvard and find to my horror that I am surrounded by Amherstians. Last Saturday I thought to profit by my error. I entered through a different gate, selected a very different seat position. This time I confidently inform my neighbors that Harvard is my hope, whereupon said neighbors commence to bellow out: "B-R-O-W-N." I felt a long ways from home. If ever, dear reader, you witness a football match in Australia, don't "barrack" (cheer) for Balmain among the Newtonites. You may never see the Statue of Liberty again...
...pleasing to Boston-type trusts as it is irritating to other business is the Revenue Act of 1936. Specifically exempted from both income taxes and undistributed profit taxes were" mutual" trusts which pass on to their stockholders all their net income including gains from the sale of securities. Since the law's definition of mutual seems to turn on the redemption feature of the Boston-type trust, other trusts are now engaged in a three-cornered tussle with SEC and the Treasury against what they consider gross discrimination...
...district nearby. Typical of these case histories is that of Fanny Sweet, tall, homely, bespectacled girl who was thrown out of half-a-dozen of the toughest brothels in a tough city for bad behavior. Fleeing to San Francisco in 1849, she ran a haberdashery at enormous profit, killed a stage driver and later a member of a mob that invaded her home. Freed by a friendly Justice of the Peace she escaped another gang, returned to New Orleans, married the wealthy owner of Hinkley's California Express. She was arrested for mistreating slaves and for taking part...