Word: profiteer
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Dates: during 1940-1949
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...Christian Democrats' official program contains some welfare state features; Adenauer himself has often said that capitalism must assume "social responsibility." Actually t his party's attitude toward labor is still undefined. Many of West Germany's industrialists, who generally support Adenauer, do not like the innovations-profit-sharing plans, management-labor councils-which the military government introduced. Sighed one union leader last week: "Capitalists in the U.S. are so much more farsighted in their labor relations than our bosses...
Buried below ground level in the basement of Widener Library is the photostating service. This non-profit organization photostats University records, exams for small courses, and material for scholars at other universities...
...exchange, which will operate from the outer room of student government headquarters in Longfellow Hall, will circulate books on a non-profit basis. Members of the National Student Association will man the exchange on a day long basis at the start of the new terms and at set office hours during the term...
...with "in debt") into the largest U.S. auction house, lured buyers from as far away as Europe and South America, and sold more than $50 million worth of paintings, books, furniture, tapestries, etc. At commissions ranging from 10% (plus expenses) up to 20%, he has always shown a tidy profit (last year's take: about...
Eastman Kodak Co. last week announced a "wage dividend" for its 48,000 employees of $15,500,000, biggest in the 38-year-old history of Eastman's profit-sharing plan (last year's bonus: $13 million). Though Eastman's earnings for the first nine months this year were down about 17% from 1948, it's common, stock dividend was higher ($1.70 v. $1.60 last year). Therefore, the bonus, based on the dividend paid to stockholders, was higher also. Paid to everyone employed before last October, the bonus consists of $25 for every $1,000 earned...