Word: profitable
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Dates: during 1940-1949
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Today, Philip Murray builds his council argument around the current issue of inflation. Opposing any law which will put a ceiling on wages, he claims that Industry was making profits while operating far below capacity before the war, and that those profits are enormously expanded now that plants are operating at full production. Labor insists on its share of the benefits of full production, and it wants to get them through industry-labor councils. After the war, Labor will be more interested in full employment than in a share of the profits. The unions will claim their right to prevent...
Todd is primarily a ship repairer, with seven busy yards on three U.S. coasts. Since 1940 the Navy and the Maritime Commission have been its chief customers. On one recent Government job, Mr. Barnes declared candidly, Todd's profit margin was 62%, on others 20 or 22%. He told how, embarrassed at such profits (but at the Navy's suggestion), Todd had managed to restore $4,000,000, worming its way through Treasury regulations to do so. The blame for Todd's "profiteering," according to Mr. Barnes, belonged where Congress was least likely to look...
...This profit, moreover, was figured after paying some $650,000 total salaries for 63 partners, $200,000 taxes, earmarking $323,892 interest on capital invested...
...Guard brokers still think of Merrill Lynch as a lucky upstart, resent its flashy merchandising methods, stick to their traditions of not publishing any annual reports at all. But none of them sneered at M.L.'s profit figures...
...stores in the Square expect to profit from the intensive summer program, and the car rental is expected to do as well as any business around the College...