Word: profit
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Dates: during 1930-1939
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...hypothetical case: a corporation has invested $100,000,000 in cash over 25 years in creating its public service property. Its rates return a profit of $10,000,000 per year or 10% on its actual investment. But the corporation figures that, after allowing for depreciation, its property is now worth $200,000,000-an estimate based on the cost of replacement at higher price levels, the value of franchises, patents, goodwill and other intangibles. On that basis it earns only 5%. It ups its rates to consumers to boost its earnings and its percentage of profit. The State interferes...
...navies of the world if it would end war, but: "You can't end war by taking away the weapon that is at hand. Men fought before there were battleships or before there were guns. The only way to end war is to teach the fellows who profit by it that they can profit some other way, and get the ideas of war out of their head...
Since 1925, when a dividend of 5% was paid, the Bank has shown no profit. Meanwhile the country at large has been hugely prosperous, swiftly progressive. Proportional to the number of her 103,000 inhabitants, that is per capita, Iceland now has the largest foreign trade of any nation whatsoever ($19,912,400 exports in 1928, and $15,008,000 imports, thus leaving a favorable trade balance of $4,904,400 which is more than frugal Iceland's na- tional debt). Moreover, neither France nor England has as many telephones per capita as Iceland. Amid such evidence of soundness...
Decided in Manhattan last week were two long-standing lawsuits concerning royalties on Victor records. One favored the U. S. Government against Soprano Alma Gluck. Two years ago she had contended that an excess profit tax of some $6,592 was unfair, sued for its return on the grounds that royalties of more than $100,000 (received in a single year) were from records made in 1917 (TIME, Jan. 16, 1928). The other favored Mrs. Dorothy Park Benjamin Caruso, widow of the late great tenor, a brother, Giovanni Caruso, Rudolfo and Enrico Jr., natural sons, as against Gloria, 10-year...
...faithful to his wife, and stooped to cheating in a card game only once and then in an effort to make an honest man of his young brother. Thus, at least, the producers of Street of Chance have worked out his character in a picture shrewdly designed to profit by still active popular interest in the murder. Rothstein, played by William Powell, is not named directly, but in general the plot follows the outlines of the real case faithfully-Lindy's restaurant on Broadway is reproduced as "Larry's," and no trouble is taken to keep the Holland...