Word: profitable
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Dates: during 1940-1949
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...year later, and recommended a whopping program of federal aid to colleges. Unless this were done, the commission warned, higher education would continue to bobble the vital job of supplying America with enough highly-trained and intellectually broadened citizens. The Commission claimed that about half of the population can profit by two years of college, and therefore 14 years of education should be free to all. The total enrollment in higher education by 1960 should be 4,600,000, the Commission said--nearly twice as many as at present...
Every year since 1937, 39-year-old Fridolin had written, backed, directed and starred in a revue called Fridolinons, a collection of skits, songs and dances. With it he had toured his native Quebec, drawn some 130,000 people a season, netted an annual profit of about $50,000. Tit-Cog was Fridolin's first try at writing a full-length play...
Fridolin, who scored a hit in Eddie Dowling's St. Lazare's Pharmacy in Chicago in 1945, was in no rush. Weekly receipts at the Theatre du Gesu were $12,000, and nearly half of it was profit (before taxes) for Author-Producer-Director Fridolin. To earn that kind of money, he played only five shows a week, had plenty of time left to spend with his wife and six children. Neither the money nor the hours would be as good on Broadway...
...Payoff. Capital, too, proved worthy of its hire. Net profits for the year were an estimated $21 billion, compared to $17.4 billion the year before. (Industry's slice of the national pie was still slightly smaller than its record in 1929.) Though some of this profit was fictitious, i.e., a profit on inventory rather than actual sales, many an industry had done so well that even a drop in profits next year would leave it well off. As one businessman put it: "Our earnings have been superduper. From now on they'll be merely super...
...salt domes and along the shores of Texas, the cracking towers and silvery balls of synthetic rubber, plastics and fertilizer plants had created a new chemical empire. Profits had helped pay for expansion. An excess-profits tax would not only nip the expansion but, if the wartime formula was followed, would hit the most progressive companies hardest (Jersey Standard would pay more heavily than U.S. Steel). As Vermont's Senator Ralph Flanders said: "You can say so much against it [an excess-profit tax] that I have difficulty in understanding what anybody...