Word: sales
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Dates: during 1940-1949
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...plainer talk. In the first installment, called "Where We Stand Together," he is as mild and tactful as ever. He concedes that "we Protestants are not at war with Rome. We do not believe, for instance, that Catholics are 'idolaters,' or that the Mass is 'for sale.' And Catholics do not regard us necessarily as religious anarchists who do not bother about the Ten Commandments . . . Catholics and Protestants both believe," he says, "in the religious structure of the Universe. We believe in Providence. [We both] believe that something must really change in man, and that...
Decartelization-dissolution of agreements to control prices, markets, etc.-was not going along satisfactorily. Furthermore, deconcentration-the actual sale of assets held or controlled by the cartels-had got nowhere, partly because of Allied political differences. The committee recommended deconcentration of the plants of the I.G. Farben empire, a mainstay of the Nazi war machine. General Lucius Clay, then Military Governor of Germany, retorted that any further break-up of German enterprises "would be a political and not a security measure." His staff, which got much of the blame from the committee, was even sharper. Sneered his economic adviser Lawrence...
...First Sale. Last week in Frankfurt the low comedy was taken seriously. On the block went the first Farben unit, the Kalle plant at Wiesbaden, reportedly valued at $6,000,000. It employs 2,200 and produces Cellophane, photographic papers and chemicals. The Military Government wanted to offer some 80% of the stock for sale to Germans, while 20% would be set aside for the foreigners who already owned an interest in Farben. The Military Government also announced that part of another great industrial empire, the Robert Bosch electrical equipment combine, was to be sold. It looked as if "something...
...Deerfield, Wis., within a week after his marriage, Editor Harland Everson's Independent ran an ad over his name: "For Sale ... 42 corncob pipes, 1 Home Brew outfit complete . . . 1 address book...
Profit-Takers. The indictment made no attempt to set forth the complex schemes by which Tucker had raised-and spent -$28 million collected from the sale of stock and dealer franchises for his Torpedo 8. The grand jury merely totted up Tucker's statements and labeled each one "false." Said the jury: Tucker & Associates, "seeking to capitalize on the unusual consumer demand" for autos, falsely "represented [Tucker] as an automotive inventor and designing genius" and obtained money "for [their own] personal benefit and profit" by "payments of excessive salaries and expense accounts to themselves, by the creation of fictitious...