Word: profitability
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Dates: during 1930-1939
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Dauber's victory was worth $51,875 and brought his 1938 winnings to $69,175. second only to those,of Stagehand. Owner Du Pont already had a neat profit on the chestnut colt he bought from Cornelius Vanderbilt Whitney...
Reason for the new ruling, it was explained, was that the federal tax inspectors have begun to take an unusual interest in the House dances, and were prepared to levy taxes on the income from the parties unless it could be shown that any profit made on the dances was turned over to the university to be used "for educational purposes...
...dance committee chairmen must now make out a tax exemption blank before each dance and file it with the Department of Internal Revenue. The exemption is granted because any profit made is to be turned over to "an educational institution," namely, Harvard University...
Anyone who sold francs fortnight ago, buying another currency or gold (which is perfectly legal and easy in Paris or London), and then bought francs again last week made a similar "profit...
Honest, orthodox M. Daladier last week, took a handsome "profit" for the French Treasury at once. This profit, obtained by "revaluing" the gold stocks of the Bank of France and the exchange fund of the State, totaled 47 billion francs...