Word: profitted
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Dates: during 1950-1959
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...Promoter. Whatever the personal profit made on the water deal (some say $100 million, others $6 million), the parallel fact was that Harry Chandler placed his faith in growth. When, shortly after World War I, Times Reporter Bill Henry brought a young, Brooklyn-born plane builder in to see the boss, Chandler's eyes brightened. Donald Douglas, Reporter Henry explained, had worked for Glenn Martin on planes for the Army and Navy; now he wanted to open his own aircraft factory in Los Angeles. Said Chandler: "I don't know much about either aviation or Mr. Douglas...
...notion that the U.S. owes her prosperity not so much to superior economic techniques as to the generosity of Providence. Last week, in the two greatest capitals of the Continent, there was increasing evidence that this old assumption was dying, and that Europe, at long last, was prepared to profit by U.S. experience...
...their part, many businessmen became wedded to the idea of a continually expanding economy. Under such circumstances-and with money tight-they decided on a long-term policy of financing more of this continuous expansion out of profits instead of through stock and bond issues. Disregarding temporary conditions of supply and demand, they began to set what Senator Kefauver and economists such as Edwin Nourse, ex-chairman of the President's Council of Economic Advisers, call "administered prices"-prices that are set to achieve a predetermined profit level that will defray not only wage increases but also most...
...lively argument on justice and charity in 175° heat. Only occasionally do discussions get hotter: one chairman of a large corporation threatened to pull his money out of a bank represented by a glib young vice president who differed with him in a discussion of the profit motive...
...Main Street." Instead of turning, like other steelmen, to J.P. Morgan & Co., Weir sold bonds to the public. With new equipment, Weir operated on a stubbornly independent policy of "no order too little, none too big." He supplied Detroit automakers on a booming scale that yielded National Steel a profit during every Depression year, made it the only U.S. steel company in the black in Depression...