Word: worth
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Dates: during 1950-1959
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Jacob Henry Tulchin '59 of Wiggles-worth Hall and New York won the Carl Schurz Prize for the highest midyear examination grade in elementary German, Registrar Sargent Kennedy announced yesterday...
...debate over rent-free leases is academic: to pay rent would merely add to the cost of planes, in effect transfer Government funds from one pocket to the other. However, it still gives rise to an argument that planemakers make too much money in relation to their net worth. Thus, McDonnell's 1954 pre-tax profit of $14 million looks big beside its $24 million net worth. But the industry argues that the cold statistics take no account of the enormous investment in designers, engineers and production men, give little credit for years when profits are small...
Many planemakers think that the board's methods for determining a fair profit are vague, sometimes unfair. While most businessmen gauge profits in relation to sales, the board puts heavy weight on a company's net worth, along with such other factors as character of the business, extent of assumed risk and subcontracts, and inventive contribution. Even the Hebert committee recognizes that the renegotiation law is too vague...
...Missouri Pacific that emerged from court last week looked stronger than ever. The road is 100% dieselized, with $342 million worth of new cars, locomotives and other facilities added between 1946 and 1955. It has netted more than $11 million in 1954, and its freight cars are younger than the national average. Appointed as new president: Paul J. Neff, a Missourian who has been with MoPac or its subsidiaries since 1926 and who has actually been running the road since 1946 as chief executive officer...
...college bills in full, or, in effect, that they should pay the fare not only for themselves but also for professors, janitors, paupers and everybody else on the intellectual streetcar, Professor Harris has highlighted one of the crucial paradoxes of modern higher education: that while a college degree is worth far more than it costs to produce, college tuition rates now do not even cover the cost of production...