Word: profiteer
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...When he grew up, Townes trained on the Scripps-Howard Cleveland Press, went to Harvard on a Nieman Fellowship (1942). Three years later, with Cleveland Newspaper Broker Smith Davis, he took over the Spartanburg (S.C.) Herald and Journal. Townes gingered it up enough to net him a $55,000 profit when he and Davis sold out last year...
...biggest proven oil pool on the continent, was thoroughly enjoying the crisis. By taking its one-sixth royalty (70 million barrels) in kind from the big private companies and then reselling most of it back to them at scarcity prices, the government was ringing up a fancy profit. Venezuelan Oil Czar Juan Pablo Perez Alfonso, in a deal that would give Argentine State Trader Miguel Miranda a dose of his own medicine, was ready to barter 2 million barrels of Venezuela's high-priced oil for Miranda's expensive beef. Oil-starved Argentines thought the medicine...
...shared], under the Hyde Park Agreement, the things needed to keep the production of both countries at the highest level. It worked, and made no small contribution to victory. If this . . . was good in war-good for both countries and good for our allies-why should we not with profit continue the same principle . . . indefinitely...
...advise and enjoin those who direct the paper in the tomorrows never to advocate any cause for personal profit or preferment. I would wish it always to be 'the tocsin' and devote itself to the policies of equality and justice to the underprivileged. If the paper should at any time be the voice of self-interest or become the spokesman of privilege or selfishness it would be untrue to its history. ... I have never regarded the News & Observer as property, but [as] having an unpurchasable soul...
...fatter. In 1947, U.S. Steel reported, it had netted $126.7 million, the biggest since 1929 ($197.6 million), and 43% above 1946. Three other steel companies (Republic, Youngstown, and Jones & Laughlin) made just about twice as much in 1947 as they had in 1946. Bethlehem Steel turned in a whopping profit of $51 million, the greatest in its history. For the first time in peace, its sales had also passed $1 billion...