Word: profitable
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...Theatres Equipment, Inc., to take over the business of six subsidiaries. The book value of the stock of the six companies was $4,759,000. Mr. Clarke felt this to be insufficient and naively marked it up to $43,044,000, which netted for him and his associates a profit of almost $38,000,000. This was nothing to boast about to Mr. Wiggin with his many millions of profits made by selling the stock of his own bank short, but it was, after all, pretty good for a little feller. And if the great Wiggin maintained three dummy corporations...
Should stabilization be announced and a return to a gold basis authoritatively forecast, there would be an instantaneous change for the better. Even an issue of $3,000,000,000 or more of bonds would be accepted as within the government's credit capacity for the profit on gold held by the Treasury would enable the Federal Government to issue large sums of money which would have back of it a metallic reserve instead of an empty promise...
...quoting without comment from two of Grover Cleveland's messages to Congress: "At times like the present, when the evils of unsound finance threaten us, the speculator may anticipate a harvest gathered from the misfortunes of others, the capitalist may protect himself by hoarding or may even find profit in the fluctuations of values; but the wage-earner-the first to be injured by a depreciated currency and the last to receive the benefit of its correction-is practically defenseless. He relies for work upon the ventures of confident and contented capital. ... He can neither prey on the misfortunes...
...argument of altruistic bend; it is strictly defended. First of all, one is told, H. A. A. assigns the Harvard numbers; H. A. A. therefore has the "right" to them. And if this suffices not, there is the nice financial syllogism. The H. A. A. News makes a neat profit,--1930-31 $2289.75, 1931-32 $11,201.93,--and thus enables Harvard men to have more athletic facilities. What alone makes the H. A. A. News valuable to advertisers and buyers is its sole "right" to the names and numbers. Ergo, H. A. A. has sole "right" to names and numbers...
...technique of piercing with swords the tires of hit and run drivers is, perhaps, no longer practical. But the admirable adroitness which characterized his administration suaviter in modo and fortiter in re, will never become out of date. It is a virtue which the modern constabulary might cultivate with profit...