Word: profitable
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Dates: during 1940-1949
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...another basis for U.S.-Russian relations: this war is going to be won by nations that are tougher than Germany and Japan. If the U.S. is willing to be a tough guy it can play ball with tough Russia. Against a common enemy they can operate together with profit and yet each for himself...
...Bendix Aviation made downward adjustments in Government contract prices to the tune of $73,354,000, with more to come. Savings resulted from huge orders for aircraft parts and accessories, permitting mass-production methods. Bendix President Ernest Robert Breech told his department heads last fall: "Get this profits thing right. We don't want to be criticized for making too much profit on Government business...
...potential U.S. war weapons, none has been more completely orphaned than the profit motive. For fear it might be confused with its bastard cousin, profiteering, neither business nor Government has cared (or dared) stand up for it. Last week the House Ways & Means Committee prepared to abandon the orphan for the duration, reported favorably on a 94% excess-profits tax. For corporations in the highest bracket that means that every extra dollar of cost will actually cost only...
United Drug, going it alone, bought back the Liggett chain in the bankruptcy proceedings, but its profit situation remained sour. Last year United's total assets were almost exactly twice those of Walgreen; but Walgreen chalked up $3,300,000 income against $2,500,000 for United...
Spigelman recommendations: the Government should favor low-cost and high-profit enterprise with priorities and tax concessions, favor efficient management similarly with salaries and bonuses tied to production and profits. Last week a U.S. Department of Commerce report revealed that Germany had been doing just that: low-cost German industry gets exemption from excess-profits taxes in direct proportion to its productive efficiency...