Word: profitable
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Dates: during 1940-1949
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...Father William J. Smith, director of Brooklyn's Crown Heights Labor School, explained his church's position: "Business is not the property of its owners; it is a society in which stockholders and employees are social partners and must work together. Capitalism and the right to a profit the church does not condemn per se, but it does condemn unbridled free enterprise...
...Friends. They get only "sketchy" salaries ; Poetry has never paid its way and probably never will. But its circulation is at its highest ever: 4,000. Says Co-Editor Dillon : "The profit motive may still make for the soundest economy . . . but what we call civilization depends ... on keeping some projects healthily in the red." Poetry's contributors (3,000 manuscripts a month) sometimes donate prize money to help the magazine along. Poetry pays its contributors well, as poetry rates go: 50? a line...
...Wall Street had been prepared to expect, the Kaiser-Frazer Corp. this week announced that it was in the black for the first nine months of this year (TIME, Oct. 13). K-F joyfully informed stockholders that the company had made a profit of $8.3 million in the third quarter, after a loss of $2.2 million in the first six months. The overall profit of $6.1 million, said K-F, was tax free under the carry-forward tax provision. (K-F's $19.3 million loss in 1946 makes profits up to that amount tax free.) The report, said...
...Department of Commerce pointed out that the figures included inventory profits (i.e., values added to stored goods because of rises in their market prices), "which, in the recent period of rising prices, have been an important factor in the advance of reported profits." But inventory profits showed a declining trend in the first half of this year; if they were excluded, earnings would still show a rise through June. Current profit levels in wholesale and retail trades, the Department added, were probably lower, due to rising costs...
Even the concentrator in Romance Languages and Literatures would nevertheless profit from this sort of curricular innovation. Instead of becoming familiar solely with the background of his own special field within the Department he would gain a wide departmental outlook. Similarly the concentrator in other literatures such as English or Slavic might stand to acquire a valuable additional perspective on his own area of study...