Word: profitable
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Dates: during 1940-1949
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Three weeks ago, according to James S. Twohey's survey of newspaper opinion, 79% of U.S. editors demanded that the 40-hour week be scrapped for the duration. Some editors even came out simultaneously for a profit incentive for industry while arguing that, for labor, patriotism should be incentive enough. For every half-dozen editorials declaring that labor must make sacrifices, only one said that all citizens must share the load alike...
...corporation will be the sole underwriter and take all the net losses, if any, but that private industry will operate the scheme. Latest quarrel holding up action: whether the insurance companies or their agents (each of which would like to cut out the other) will have the pleasure and profit of doing...
...airplane self-starters for the Army & Navy. But when the Navy asked it to reduce the price on a second contract, pointing out that J. & H. was now in mass production, J. & H. refused. Cost of making the starters, the company later admitted: $272. Price to the Government: $600. Profit per starter: $328. Revenue lost to the Government in corporate income taxes as a result of bonuses...
...company reported that its net profit was only...
...insisted that rates are not too high. They admitted that in 1921 they paid out 62.3% of the premiums collected to policyholders for losses, and that during the last ten years the ratio has fallen to between 40 and 50% (which has enabled them to show an average underwriting profit of 6.1%). But they point out that wartime may boost the loss ratio and operating costs, a combination which would surely cut profits...