Word: upshot
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...that proposal Financier Vanderbilt and his bankers had a number of objections, including the belief that for the banks it might constitute illegal underwriting. Moreover, they strongly urged Mr. Jones to cease & desist from discussing New York Central's financial affairs in the Press (TIME, Oct. 14). Upshot: Mr. Jones published his entire New York Central correspondence, writing Mr. Vanderbilt tartly, ''One very good way to avoid further publicity of this character would be to put your finances in order...
Early in the 1920's he got the ear of Harry Payne Whitney through his playboy son, Cornelius Vanderbilt ("Sonny") Whitney, who knew something about mining as well as water travel (see cut), canoed through Manitoba lakes and rivers to inspect the claims in person. Upshot was organization of Hudson Bay Mining & Smelting in 1927 with the Flin Flon claims and $17,500,000 in cash. Jack Hammell and his hungry prospectors had already been paid off on substantially their own terms...
...Robert L. Doughton, a potent handful of Ways & Means Committeemen and several tax experts to face with him the fact that sky-high rates on a few very rich men and a few very large estates would produce only a ridiculously small amount of additional revenue for the treasury. Upshot of the conference was a tacit agreement that the forthcoming tax bill would have to bear down harder not only upon the super-millionaires singled out by the President for special mention last month but also plain millionaires, sub-millionaires, sub-sub-millionaires and possibly on down the line...
...record of four months of such evidence filled 3,000 typewritten pages, which Commissioner Warren turned over to the Mayor. Immediate upshot was that three detectives and a patrolman were dismissed, five police officers, including Chief Culligan, were suspended "pending further developments," grand jury and bar association inquiries were started and anyone in St. Paul who had recently had any shady dealings with the police found himself sitting on the anxious bench...
...Union Bag was severely deflated by the introduction of the kraft process, which is supposed to have been discovered by a Swedish workman who unwittingly treated pulp with an alkali instead of the usual acid. The result was called kraft-Swedish for "strength." Upshot was that Union Bag's sulphite pulp plants had to be scrapped. For five successive years, right through the gayest days of the Coolidge Boom, the company reported deficits. Then, having adjusted itself to the kraft order, Union Bag climbed out of the red in 1931, only to slip back the next dark year...