Word: system
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Dates: during 1940-1949
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...cover the expected French deficit in trade with Britain. France by efficient production or persuasive salesmanship or by cutting purchases from Britain, might succeed in reducing its expected deficit from ?40 million to ?25 million. Under the old plan this reduction would give France no advantage within the OEEC system. Under the Petsche plan, however, France could transfer 40% of its British drawing rights to another OEEC country, for instance, Belgium. That way, the Belgians would wind up with part of the U.S. dollars originally allocated to Britain. In other words, U.S. "conditional aid" would follow the drawing rights...
...three-way selling system of "secret rebates and preferential prices" that hurt outsiders buying similar products from the defendants at higher prices...
...Payoff. Big or little, investment companies have one major service to sell: their ability to buy stocks wisely. How well have M.I.T. and Keystone done? A "management rating" system devised by Hugh A. Johnson, a Buffalo broker, gives a clue. Johnson invested a hypothetical $10,000 in each of 35 funds, traced what happened to it over the 1938-48 decade...
...this system, $10,000 invested in M.I.T. grew to $21,904 through capital gains and income in the ten years, though increasing in value less than the New York Stock Exchange's average of all listed stocks. In Keystone's best-performing stock fund, the investment grew to $22,875. I-1 dividends alone, Keystone's "52" stock fund led with an 8.8% return, followed by M.I.T. with...
Stocky, Russian-born L. B. Mayer, then 39 and an experienced film salesman, was especially sure of one thing: glamorous personalities were the movies' surest box office winners. Not everyone agreed with him, but by the time the screen started talking, L.B.'s star system had made M-G-M the most powerful voice in Hollywood. The studio splurged on giving its films a plushy elegance and a high gloss. If some happened to be mediocre entertainment, they were well insured at the box office with such names as Marie Dressier, Wallace Beery, Greta Garbo, Norma Shearer, Joan...