Word: profit
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Dates: during 1930-1939
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Commissioner Anderson argued that his system would: eliminate the private profit from illicit liquor traffic, satisfy local public opinion, avert the state of nullification into which Prohibition is now drifting. The Government would enlist the power of economic law to beat the bootlegger. He argued that the U. S., in the Federal Reserve System and the Interstate Commerce Commission, has already applied to Money and Transportation the principle he now proposed for Liquor...
...University, not having yet reached that adult stage in which it is quick to profit by mistakes, still seems to be innocent of the dangers of imparting its publicity indiscriminately. One of the chief offenders among the University departments is the Astronomical Observatory...
...University Film Foundation started operating as a non-profit, educational institution, chartered for the purpose of producing motion-picture films of scientific, artistic, and industrial value, in collaboration with the faculty and staff of Harvard University. The studios and laboratory were located at 40 Oxford Street, Cambridge...
...TIME told of how Charles Ponzi promised investors a 50% profit in 45 days through his scheme of buying postal reply coupons in countries with depreciated exchange and redeeming them at face value for U. S. stamps. In 1920 he was convicted of using the mails to defraud and sent to Federal penitentiary. In 1924 his term was over but he was then convicted on a State charge, sentenced for seven to nine years. In October he will be eligible for parole. TIME also said that the Ponzi collapse brought down several Boston trust companies. Biggest of the closing institutions...
...profit. . . .$78.00 Loss of Earnings as during normal times $77 per week...