Word: profiteer
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Dates: during 1940-1949
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Some critics seized on the fact that the U.S. play was co-sponsored by Britain's Arts Council, and tax-exempt as a cultural offering by a non-profit-making producer. They demanded an airing in Parliament. With tickets selling into January, an official of the producing firm asked plaintively: "How did we know the thing was going to make money...
Thus small, unpredictable surpluses and sick department deficits render the overall Harvard position an unsure one, despite the $497,753 "profit...
...miles of main track, twelve hotels, three steamship lines, an airline (TransCanada) and a nationwide telegraph service. It has become Canada's biggest employer (some 111,000). In recent years, C.N.R. has earned money on its operations, but, except for the war years, has seldom shown a net profit. Last year's earnings ($26.5 million) were not enough to meet even half the interest payments on C.N.R.'s longstanding debt-a whopping $1.3 billion...
Last week Juilliard Graduate Grenell could point with both pride and profit to the third birthday of his Young People's Records, Inc. He had been cited by the Review of Recorded Music as "a major cultural influence." The membership in his Y.P.R. Club (one record a month for $15 a year) was above 100,000. Some of his subscribers: New York City Board...
...members plan to set up the book center on a scale similar to the non-profit exchange at MIT. Under the MIT plan, a student deposits a book at the exchange to be sold by a set date. If not sold, he must either remove the book or sign an agreement giving the exchange power to dispose of it at its discretion...