Word: margining
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...impression is made that there is a great deal of wealth to be made in the waste industry. The only element of truth that may be taken from such an impression is that the scrap dealer creates national wealth out of waste materials, but not personal wealth. The margin of profit in this industry is small; the knowledge required to preserve even this small margin of profit is a specialized knowledge. To the layman, all scrap may be "junk"; to the scrap iron dealer, there are approximately 75 specifications of scrap iron with which he must be acquainted...
...average of 293 m.p.h. Then it was discovered that someone had neglected to install in his plane a barograph, necessary for official recognition of his flight. Next day he had the barograph but a quartering wind slowed him to 282 m.p,h.?.77 less than the necessary margin over the old record. On that day spectators feared he was about to crash into treetops at the north end of the field. Scoffed Doolittle afterward: "I was nowhere near them. I must have been at least four feet over them." Once again he rocketed back & forth, this time endangered...
...Irish Free State Government would be happy to do anything in its power to increase trade with the U. S. We could offer a considerably larger margin for American iron and steel goods, wheat, maize and fruit for example...
...votes, one-third of the convention. Delegations pledged to John Nance Gar ner, James Hamilton Lewis, George White. James A. Reed, William Henry Murray, Albert Cabell Ritchie and Harry Flood Byrd, plus his own vote, totaled 392. Could Al Smith hold the line with such a paper-thin margin? The Roosevelt men scoffed the idea...
Yale will probably have to concede a considerable handicap to the Crimson four in tomorrow's game. In the previous match the Blue team won 13-3, although a win by a larger margin had been forecast. Tomorrow's clash at Rye should find Harvard still on the upgrade of their comeback, but their chances of defeating the best Eli aggregation in history are very slim...