Word: resoldered
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...with a series of articles in their tabloid, the Los Angeles Mirror-denouncing Bonelli and his "saloon empire." Big Bill's board, charged the Mirror, displayed incredible laxity in freely handing out liquor licenses to racketeers and political cronies for only $525 each, and allowing them to be resold at the going rate of $6,500. Bonelli retaliated with a 15-page demand for retraction, hinted darkly that the Chandlers had tried to get his board to rule favorably on tax matters affecting them. At the same time, the Board of Equalization rejected the Chandlers' appeal of assessments...
...Capital assets which produce revenue, such as Federal National Mortgage Association mortgages and small-business loans, and assets intended to be resold, such as stockpile materials and agricultural surpluses, should not be listed as current expenses. Estimated saving: $2 billion...
...Mont.) Packaged with a code number printed on each piece of paper, the confetti is mixed with the farmer's wheat, and the code number recorded by elevator men when the wheat is traded. If the wheat is stolen, the code number makes it easy to identify when resold...
...plenty of Government contracts. Later, he got two RFC loans, one for $4,700,000, another for $1,650,000 with the help of Washington Lawyer Joseph Rosenbaum. Later, Senator Capehart charged that Central Iron & Steel had sold scarce steel to a pocket corporation which had in turn resold it in Chicago's grey market for $75,000 profit. Said he: "[The sale] was simply a payoff, and somebody made $75,000 for doing nothing." Control of the corporation was held in option by Lawyer Rosenbaum, who denied the charges, and by ex-RFC Employee E. Merl Young...
...Secret? When Lasker, an 18-year-old stripling from Galveston, Texas, got a job in Chicago's Lord & Thomas agency in 1898, advertising was in its horse & buggy stage. Ad agencies were little more than space brokers. They bought space in newspapers and magazines at cut-rate, and resold it to advertisers at whatever markup they could get. They prepared little copy or art work. Lasker, who displayed a hypnotic, golden-tongued salesmanship from the start, soon changed all that. He laid out ad campaigns with newsy headlines and drawings, insisted on a 15% commission on the price...