Word: profitability
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Dates: during 1930-1939
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...friends, the answer to that is the record of what we have done. (Applause.) It was this Administration which saved the system of private profit, the system of free enterprise, after it had been dragged to the brink of ruin by these same leaders who now try to scare you. (Applause...
...Some of the recoverable assets which President Roosevelt counts as a deduction from the debt may not be recovered. Such is the $2,000,000,000 stabilization fund created out of the book profit of dollar devaluation. "Now that Mr. Morgenthau is going to stabilize foreign currencies with this fund, is it amiss to wonder whether it will be intact when he has closed his books...
...record," said Truster Bullock, "the majority of our trusts show profit to original investors. One thousand dollars originally invested in every one of the eleven trusts we ever formed . . . an original total investment of $11,000, today would be worth over $11,750. Meanwhile investors have received over $3,000 in dividends, a gain, appreciation plus income, of about 35%." Since 1929, he declared, Bullock trusts have paid out a total of $22,000,000 in cash dividends...
...Biennial Congress of the Co-operative League of the U. S. in Columbus, Ohio, last week President James P. Warbasse outlined in splendid simplicity a procedure by which "ordinary" capitalist corporations might undergo a sea change, become co-operatives in rour steps.* Said he: "By these natural steps a profit economic system can transform itself into a co-operative system without shock, or without any action of government whatever...
...steps: 1) Education of stockholders in co-operative principles; 2) A resolution limiting each stockholder to one vote and banning proxy voting; 3) Limitation of interest and dividends to the current legal interest rate; 4) Co-operative profit sharing with consumers...