Word: profiteer
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Dates: during 1920-1929
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...more prosperous than the St. Paul. The receivers argue that any increase in rates in the Western carriers should be pooled among them in such a way as to give the neediest roads the largest share of the increase. If, for example, the Great Northern should realize a tidy profit by increased rates, much of this profit would be taken from it and turned over to the St. Paul. In this plan, Mr. Potter claims that it is undoubtedly legal under the Transportation Act, that prospects for voluntary agreement by the carriers concerned are good, that it would be more...
...have discovered by careful reckoning that the net costs of transporting air freight are from 13 to 15c. a pound. There is obviously a commercial profit if you can charge more than that and get the business. Come back in two years and we will tell you more about commercial and practical aviation...
...have determined that the $100 minimum wage, even with the large crews which we carry, leaves us a substantial profit, and all talk that this is a blow to the American merchant marine or other shippers is bunk. The big shipping companies do not pay decent wages merely because they do not have to. They are interested in keeping their men away from conditions in which they might enjoy the advantages that good wages bring. They want their sailors to remain in ignorance of the better things in life in order that there will be no demand for better wages...
...much for this. Last August the stockholders were permitted to subscribe to one new share for every five shares held, at $80 per share, thus increasing the outstanding common stock from 283,110 to 339,732 shares. Incidentally, at present prices every share purchased at $80 shows a profit of over...
...much quicker in handling, much more compact in money drawers. and safes and, constantly kept flat, would wear five times as The original library card catalog was on ¼ sheets of foolscap. Experience, showed it to be very wasteful of both time and space. Why can't we profit by this experience and make our paper currency at once better and cheaper? During the Civil War, we had shin-plasters of even smaller size and everyone had made a them cheap most folder that convenient kept and them flat durable. . If and the Treasury can't be induced...