Word: profitable
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Dates: during 1940-1949
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This is not the first time the Parker Pen Co. has turned thumbs down on making a lot of easy money. We voluntarily produced many millions of dollars' worth of munitions on a no-profit basis. It's things like that maybe that enable one to take a nap without bad dreams. Also, we want to stay in business another 58 years...
...must be added, extends to Americans too. The desire to grab and run is almost universal in Shanghai today and transcends racial and national lines; the faith that prompts long-term investments is lacking. An American dentist, who came to practice in Shanghai, sold his dental equipment for more profit than he could make in a few years of practice, and went home. A foreign businessman who bought a house for 13,000 U.S. dollars last fall sold it recently for 136,000 and has gone home to retire. The first 1946 Chrysler sedan to arrive in Shanghai was sold...
...exports, was riding high. All of 1946's estimated 4,700,000-ton crop would be snapped up by a food-hungry world. The 3½? per Ib. that the U.S. would pay for most of it, though only half the world price, still guaranteed a profit...
...Luckman was manager of Colgate's Wisconsin district. There he converted an $80,000 deficit into an $80,000 profit, kept climbing. A typical stunt: he bought two carloads of scrub pails, sold them to grocers at cost, then staged a spring-housecleaning sale in which the pails, filled with scrub brushes, clothespins and Colgate soap, were retailed as a "package" for 89?. Results were so spectacular that they caught the eye of Chicago's famed advertising millionaire, Albert Lasker (Lord & Thomas), who owned the Pepsodent Co., and a gloomy balance sheet. From a distance, Luckman looked like...
Another basic danger, according to Acheson, is the new psychology of crisis in which the unendurable situation is created so that one may profit from the circumstances of relief. He concluded that frequent usage of such psychology diminishes the possibility "that we shall listen to the often difficult analysis of the facts and the always difficult consideration of duty." These practices, he said, bring only confusion, which in turn account for our failure to deal effectively with our national and international obligations...