Word: profitable
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Dates: during 1940-1949
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...option would then barter, sell, give away, dump or destroy those goods. If the U. S. sold Brazilian coffee in Europe, it would reduce the $300,000,000 credit by the amount sold. Theoretically such transactions should be done at a profit-and profits were mentioned at the White House-but no profits can be foreseen. Actually, the program would probably show a dead loss of $300,000,000 to $500,000,000 annually. This cost, Mr. Roosevelt was advised, would be better defense than $500,000,000 in tanks...
This setup will give modest, canny, homespun Ike Tigrett a chance to step up the $427,388 net profit his road made last year (M. & O, lost $440,924) to a respect able figure by getting a longer haul on a larger portion of the two lines' traffic. Al ready benefiting from the movement of industries to the South, he hopes to add more manufactured goods to the lumber, petroleum, bananas, etc. which are , the standbys of his new road. Now 60, not old as railroad presidents go, he has been a railroad president longer than any other...
...well known to Lanny's father, Robbie Budd. A Yaleman sleek and capable as a panther, Robbie turns up in sudden glamor from time to time, goes swimming with his son, instructs him in the munitions game, warns him again & again that the coming war will be "for profit." Father and son have tea with the Munitions King, Zaharoff, who oddly begins to talk like Upton Sinclair: "Suppose some nation should decide that its real enemies are the makers of munitions? Suppose that instead of dropping bombs upon battleships and fortresses, they should take to dropping them upon...
Wealthier grew the Blausteins, fatter grew Pan Am. Pan Am acquired famed Lago Petroleum on Venezuela's Lake Maracaibo, built the great Aruba island refinery in the Dutch West Indies. For 1932, Amoco and subsidiaries turned in a net profit of $4,149,200, up 1,075% from the year the Pan Am deal was made. But meanwhile Louis Blaustein awakened one morning to find his worst fears confirmed: Standard of Indiana, after quietly buying up Pan Am stock, was in control of the production and refining end of his business...
Ingalls' officials were most interested last week, however, in the fact that they had completed their first big ocean-going ship and made a profit on it. Moreover, they had done the job so cheaply that they expected to turn back money to the Maritime Commission, which limits profits to 10% on its contracts. What helped Ingalls to this astonishing record was the fact that it was streamlined...