Word: profiteer
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Dates: during 1920-1929
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...Brown does not seem to realize that, although it is true that transportation has always followed migration, which in this country has always been from east to west, the airplane is now opening up trade routes north and south. . . . The Post Office Department has never operated at a profit. Why should aviation transportation be discriminated against-reducing an inevitable deficit?" The fact that Mr. Brown's Toledo law firm, Brown, Hahn & Sanger, has represented certain railroads, made some of the airmen suspect, in their bitterness, that Mr. Brown was consciously or unconsciously keeping the mail business safe...
...field of the arts can in fact be successfully conducted is amply proved by Fine Art Ic and Id, elementary courses without entrance requirements which are popular and at the same time maintain a high academic standard, and there is no reason why Music 3 and 4 could not profit from the example set by these courses...
...inspired executive and a wise financier, took over the management of the Auburn Automobile Co. in 1924 when it was building obsolescent cars and losing money. He reorganized manufacturing processes, designed new models,* perked up the sales force. Since 1926 he has made Auburn show a yearly increasing profit, and, even more momentously, sent its stock from a low of $31.75 in 1925 to a high of $514 this year. Since then he has been buying parts manufacturers - Lycoming Manufacturing Co. (automobile and aviation engines), Columbia Axle Co., Duesenberg Inc. (motor cars, submarine and speedboat motors), Limousine Body...
...these added profits, the greatest share will probably go to the American Tobacco Co. Forced to segregate many of its properties in 1911 under the anti-trust law, American Tobacco still holds a dominant position in the trade, is said to handle one-third each of the cigaret and smoking tobacco business, and one-fourth of the plug business. Besides Lucky Strike, its brands include Sweet Caporal, Pall Mall, Lord Salisbury, Bull Durham, Tuxedo, Half and Half, Blue Boar, Cremo. But the American Tobacco Co., as all the world knows, has concentrated on Lucky Strikes, for which most...
...Small companies, on the other hand, raised a chorus of howling protest. They could not afford to build casing-head or "recycling" plants; the small amount of gas they wasted would not warrant the expense of pipe-lines and could not, therefore, be sold; the big operators would profit at their expense. To win over the little fellows, California's seven largest producers! offered to form Co-operative Gas Conservation Association which, supported by $230,000 a year from each of the seven, would provide facilities for pooling and recycling excess gas in the large fields...