Word: refundings
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Dates: during 1930-1939
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Anaheim, one of the oldest towns in California, tried issuing scrip last winter. The amateur financiers of Anaheim used 4? stamps on their currency, followed the Evanston plan in the main but neglected one step: making a tax certificate refund to merchants. Result: Puzzled merchants found themselves accepting scrip, buying stamps, but not getting anything back to pay for merchandise sold. The plan was actually a 4% sales...
...reputation as a hustler by getting it, foully if necessary. A threadbare device is for the circulation manager to raise the salary of a district man. ostensibly for showing bigger sales. The district man is allowed to pocket part of the increase, but it is understood that he will refund the balance in payment for a daily allotment of papers in excess of what he can sell. He may dispose of the excess by burning or dropping it in a river...
...Board of Tax Appeals in Washington was asked to refund a total of $33,013 to Samuel Sr., Samuel Jr., Mrs. Samuel Sr. It was also asked to relieve them from $197,739 in deficiency assessments...
...turn of the year Howard Colwell Hopson. dominant figure in Associated Gas & Electric Co., found himself in a tight fix. During the next twelve months he faced $42,000,000 of bond and note maturities. Failure to refund or pay off any of them would send one or more of its multitudinous subsidiaries toppling into the hands of receivers, might pull down the parent company. A sharp accountant with a salesman's slant, Mr. Hopson proceeded to pull many a rabbit from his fecund hat. Though Wall Street has long ceased to be astonished at the complex securities...
...attention to the highly competitive San Francisco-Los Angeles route, already operated by three other airlines on a three-hour flying schedule. He put highspeed Lockheed Orions on the run and lopped a full hour from that schedule. For a time he charged a higher fare and offered to refund 10? for every minute the plane was late up to 50 min. Later he cut his fare to meet his competitors...