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...upon passing 250,000 circulation, TIME announced the fact on its front cover. Average net paid circulation first six months...

Author: /time Magazine | Title: Letters, Jul. 13, 1931 | 7/13/1931 | See Source »

...prosperity equally with other business, they should equally sacrifice in periods of adversity. But they are denied such participation by law." Because they cannot accumulate reserves in good times, they need revenue adjustments in hard time's to keep going. A 15% rate increase will not raise their net return above...

Author: /time Magazine | Title: TRANSPORTATION: Rivers, Roads & Rates | 6/29/1931 | See Source »

...world of finance, Herr Kreuger is especially versed in the subtle business of dealing with governments. He negotiates loans for them and in return gets rich concessions. Canny trader of the North, he is an ideal ally for the French-&-Danish blooded Behns in flinging their communication net over the world. And just as henceforth Kreuger & Toll's great banking resources will prob ably be available for the International system, Herr Kreuger will come closer to alliance with J. P. Morgan & Co. and Na tional City, bankers for International. In addition to acquiring the talent of Herr Kreuger, International...

Author: /time Magazine | Title: Business: Ericsson to I. T. & T. | 6/29/1931 | See Source »

Under the management of Mr. Parson, Woolworth's stores and sales have in creased steadily. Yet the profit from the U. S. stores has dropped during the past four years, with net income being held at a fairly stable figure only by increased "income from securities owned," "interest received," and "undistributed earnings of subsidiaries." How the increased "in come from securities owned" has bolstered up the Woolworth net is shown in the table below...

Author: /time Magazine | Title: Business & Finance: Bounty from Britain | 6/15/1931 | See Source »

...Treasury was in a better position to finance the Deficit with more brief borrowings. About Washington also buzzed talk of new and heavier taxation to be imposed at the next session of Congress. Secretary Mellon was supposed to be considering a 1? per gal. Federal gasoline tax which would net the Treasury $400,000,000. Automobile associations, and State tax authorities who now have a monopoly on this levy, protested loudly. Suggestions from Chairman Will Wood of the House Appropriations Committee that a general sales tax be inaugurated sent department store owners into a frenzy of apprehension. Other proposals included...

Author: /time Magazine | Title: FISCAL: Over the Top | 6/8/1931 | See Source »

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