Word: profiteer
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Dates: during 1920-1929
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...different colleges trying to stir up pacifist enthusiasm should be put in prison. If we are to abolish violence, and even tea threat of violence from international affairs, we must devise means for arraying against in natural hatred and loathing. Our plan, by taking away all promise of profit in war, would destroy a great deal of the incentive for war. It would make the declaration of war as solemn, and as repugnant a thought as possible to all classes of people...
...Treasurer's report on the Harvard University Register, published annually by the Student Council, a profit of $680.12 was announced. In his report, G. W. Thomas '24, President of the publication spoke of the difficulties in continuing the publications of the Register. It was decided that the Executive Committee of the Student Council would look into the question of finding a more satisfactory system to continue the publications in the future...
...applications of their discoveries is an increasingly important field, too often neglected, and too often made difficult by the inflexibility of the publisher's demands. In this field, then, rather than in the department of fiction, does standardization do real harm. An appreciation by the publishers that a greater profit might be derived from selling a hundred thousand copies at one dollar than from disposing of three thousand at three dollars and a half might assist materially in alleviating the present distress...
...difference of opinion now exists regarding the automobile industry. The stock market has recently assumed a somewhat sceptical tone on this subject; stocks of prominent motor companies have experienced marked drops. In Wall Street the talk is mostly of overproduction, inflation by sales on part-payment, diminishing margin of profit, increased and bitter competition and similar gloomy matters. On the other hand, the trade in its announcements and its advertising fails to share this melancholy tone. Alfred P. Sloan, Vice President of General Motors, declared sales of his cars to dealers this Spring would be 20% greater than last year...
...runs his enormous plant on a profit-sharing plan?a plan of bonuses, based on a sliding scale dependent on the dividend rate. His reasons for so doing, he explains as follows: worked in a bank as a young man. I started working at 14, when I left school and got a $3 job with an insurance house. My superior left?I had been doing his work, was thoroughly conversant with it?should have had the job. I expected it?rny fellow-workers expected it. Well, I didn't get it; some relative of one of the directors...