Word: profiteer
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Dates: during 1920-1929
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...announced figures on Canal traffic for the fiscal year recently closed, he found that the rate of travel is now double that of a year ago, and tolls for the next year, at the present rate, will exceed $24,000,000, of which about $18,000,000 is profit above over-head expense...
...temporarily, fix wages, mine, transport and distribute coal. ¶The retail price of anthracite has practically doubled in ten years. ¶About 50 cents of the consumer's dollar goes to pay for coal at the mine, the remainder paying for transportation, distribution, retailers' and jobbers' profits. ¶Of this same dollar about eleven cents, altogether, goes as profit, divided between the producer, jobber, it' any, and retailer. ¶In times of shortage, however, jobbers often buy and sell the same coal several times so that a whole series of extra profits is pyramided...
...bonded indebtedness; it retired last February 100,000 shares of preferred stock at 125 by paying out $12,500,000; also, during 1922 the item of "goodwill" in its statement was reduced from $50,000,000 to $30,000,000 by the use of $20,000,000 from profit-and-loss surplus...
...putting up the money for such immense propaganda as the League of Nations' Non-Partisan Association is carrying on in our country?" and "What interest or interests are so anxious to have the United States join the League of Nations and would so profit thereby that they are financing such a campaign...
...customers' stock as fast as it is purchased&−which is "bucketing." If the customer asks where his stock is, he is told that it is at a bank in a "loan envelope," and he has to take the broker's word for it. The "bucketing" broker profits from this illegal and underhanded practice in two ways. In the first place, he charges interest on $8,000 to the customer, when he is not actually borrowing money to carry his stocks at all, since he has already sold them out. This "interest" is, of course, all pure profit...