Word: profitability
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Dates: during 1930-1939
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...provided the private powermen would accept his theories of rate-making. Since utilities are usually monopolistic, it is universally accepted that for the best public interest their rates should be established and regulated by law. The general theory is that rates should be only high enough to yield enough profit to attract the new capital the industry constantly needs. Rates are therefore based upon the value of the utility property involved. All methods of valuation are more or less arbitrary but they tend to run toward two extremes: 1) what it would cost to reproduce the property and 2) what...
...regard to the possibility of an increased wage scale for dining hall employees it is well to keep in mind the fact that the halls are totally supported by student's term bills, and do not now operate at a profit...
...York Zoological Park, into the White House and the Senate chamber, into the Secretariat in Delhi, India, into the world's deepest gold mine in South Africa. By 1929 Carrier Engineering Corp. was doing an $8,000,000 a year business and retaining $672,000 as profit. Formed in 1930 was the present Carrier Corp., a holding company. Then came Depression...
...expansion program, ready to uncork if only the Government would rescind its "death sentence."* Affectionately cheered was white-fringed old Alex Dow, president of Detroit Edison Co., when he pleaded: "To what end is business being guided, anyway? Is investment of their moneys or speculation for profit to be made safe for the stupid and for those overwise in their own conceits- by policing every traveler on that road? Are we to mark the way of the Lord through business laws and ethics according to the specifications of the Prophet Isaiah -so that wayfaring men, though fools, shall...
Main masculine roles are held by James J. Storrow '40, L. John Profit, Sp., and Richard F. W. Whittemore...