Word: profiteer
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Dates: during 1930-1939
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...power to make America over, to destroy the American way of life and establish a foreign way of life in its place. . . . They have the pattern of their planned economy before them. . . . Our homes, our communities, our jobs and our businesses are to be directed from Washington. The profit motive is to be eliminated. Business as we know it is to disappear...
Reiterating his fealty to a system of private enterprise, property and profit last week, Franklin D. Roosevelt declared that no Administration in U. S. history had done more for that system than the New Deal. Seldom in U. S. history have the reports of private industry played into the hands of a Presidential nominee so neatly as those for the third quarter of 1936. The first 76 corporations to publish their figures on the eve of election showed aggregate profits of $71,480,000, a 47% increase over the third quarter of 1935. Some typical reports...
Union Carbide & Carbon announced a profit of $8,111,897 for the three months through September, biggest third quarter since 1929 and nearly $2,000,000 more than it made in the same period last year. Union Carbide has absorbed Recovery at every pore...
Scott Paper, for whose benefit J. Walter Thompson broke down the taboo on toilet paper advertising in the 1920'$, reported nine-months' earnings of $756,442 as against $700,511 a year ago, appeared ready to surpass 1935's full-year profit of $938,574, which was a record...
...Pont de Nemours showed a $23,875,048 profit compared to $17,704,182 in the third quarter of 1935. From du Font's investment in General Motors came more than one-half this net. Nine-month earnings were $62,567,019 against $40,154,667 last year...