Word: profiteer
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Dates: during 1920-1929
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...dividends, although $14,670,000 is as good a presumption as any. They took out that amount two years ago. However, they did have to declare how much money the company had made over and above all expenses. That is, the amount they added to the company's profit and loss surplus account. The amount was $75,270,895, and it made that account total $697,637,788.* Thus the three Fords, it might be said, have an equity of almost three-quarters of a billion dollars in their Ford Motor...
...railroads accepted this national law (they secured certain guarantees of profits under it). But they have quarreled with shippers and other transportation users about the method of calculating their valuations. It takes far more money to construct a road in 1927 than it did in 1914. It might cost $140,000 now to replace completely a line that 13 years ago cost $100,000. So replacement value is the great quarreling point, because $7,000 profit is only 5% of $140,000, although 7% of $100,000. In one case the railroad earns less than it is permitted (6%) profit...
...playing exhibition games under the languid unimportant gaze of winter traveler and native, under the sharply appraising eye of owner, manager, scribe. Then northward, eastward they go for careful records show that after April 11 meteorological conditions from Boston to Chicago will permit professional baseball to operate at a profit on summer playgrounds. On April 12, brass gongs will resound in eight enclosures, dapper umpires will brush eight white rubber slabs, 200,000 spectators will give anticipatory cry? "Play ball...
Taking his share of the capital and "handsome profit" derived by the sale of the Birmingham Age-Herald (TIME, March 21) Frederick I. Thompson, publisher of all the newspapers in Mobile, Ala., last week bought an Evening Times, and thereby became publisher of all the evening newspapers in his state's capital, Montgomery. He merged the Evening Times with his Montgomery Evening Journal. Publisher Thompson's onetime partners in Birmingham, onetime Governor Braxton Bragg Comer and son Donald Comer, were not associated with him in the new purchase, their interest in newspapers having been purely industria-political. Save...
...England has a great advantage over other parts of the country, in that it has one-fifth of the consumers of the country at its front door. New England has to pay no exhorbitant freight rates that tend to take away a great share of the profit of farming. Freight rates are so high in the west that it costs the consumer of California no more to buy Argentina products than it does to buy Iowa products. New England is without this disadvantage...