Word: cashes
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Dates: during 1960-1969
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Spiritualized Cash. Author Rand will not let the world get off that easily. Already she has hurled more than 1,000,000 words in two hectoring novels at what she considers the root illness of man-the tyrrany of altruism. "If any civilization is to survive," said she last week, "it is the morality of altruism that men have to reject." And why? Because this Christian virtue leads to self-immolation, tolerance of the "incompetent" common man, the welfare state, and ultimately to the slave labor camp. By hindering ego, altruism destroys human "reason." Nurtured by a small Manhattan cult...
...this weird spiritualization of cash ("Money is the root of all good") is perhaps only an outward and visible sign. The real point of objectivism is rousing unembarrassed self-interest. For the best man is a tough-minded egoist, "a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute." Firmly convinced that her own one absolute is reason, Author Rand has gone so far as to boast: "I have never had an emotion that I couldn't account for." Less fortunate people...
...corporations such as General Motors, International Business Machines, and National Cash Register, which have full-scale international divisions and plants abroad, know how profitable trade can be. But smaller companies, which cannot invest millions to make millions, tend to shrug off export sales, regard them only as a dumping ground for surplus domestic production. When there is an export department, it often operates at the lowest management level...
Just about every U.S. company extends credit-as liberal as possible-to its U.S. customers. But overseas, the same companies often demand cash on the barrelhead. Nor does the U.S. businessman research his foreign market as he does at home; he is nowhere near as anxious to serve each customer's special needs, is reluctant to modify his product to fit export needs...
...Columnist Walter Winchell reports that Zeckendorf and his son were riding through Manhattan when William Jr. pointed to a skyscraper and said, "Dad, I hear that building can be bought for $50 million." "Yes," replied Zeckendorf, "but they want $50,000 cash...