Word: profitlessness
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...wide rivers to cross. Their pet barometer, the stockmarket, was still flat on its back, had scarcely twitched since its recovery from the Blitzkrieg Collapse (TIME, June 3). And businessmen could not down the fear that taxes would rise faster than profits, convert the Defense Boom to a profitless prosperity...
Germans in Brazil own textile factories, dye works, paint & chemical plants, machine and tractor factories. They run retail establishments, hotels and restaurants up & down the country. The German-owned airline, Syndicato Condor, operates down the Brazilian coast to Buenos Aires, across the Andes to Santiago. It also runs a profitless branch line to Xapury, 2,000 miles up into the Amazonian wilderness. Germany tried to underwrite a huge Brazilian steel industry, but was outmaneuvered by Washington, which last week was waiting for approval from Rio of a $17,000,000 Export-Import Bank loan...
...Italy would not go into the war on the side of the Allies. Her experience in and after the almost profitless last war is too vivid a memory. Besides, she has nothing to carve from Germany. If an Allied victory became probable, Italy would stay out right until the end, and then wield the nuisance value of an intact army to force general redistribution of the spoils at the peace conference...
...lack of logic" in the system of admissions is to be welcomed. And conversely, any definition of standards--provided that these standards are not made absolute and that the Masters are not deprived of a very necessary discretionary slack--is very desirable. But concentration upon criteria alone is a profitless business, for exposition of standards by no means solves the admissions question. A certain amount of injustice and error must be fatalistically accepted. No matter how definite the criteria, and no matter how reasonable, these are, the complexity and the human element involved make imperfection a foregone conclusion...
...Hearstian era of prodigality had definitely ended last year when the aging chief consented to the dissolution of his beloved but money-losing New York American (TIME, July 5, 1937). With the New York situation thus temporarily solved, General Manager Connolly's first concern became Chicago, where the profitless morning Herald & Examiner was stumped by the sprawling domination of Robert Rutherford McCormick's Tribune, and the evening American was suffering from the sprightly competition of onetime Tribuneman Samuel Emory Thomason's tabloid Times...