Word: profitable
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...London was agog with tales of a gigantic combine and happy over the prospects of having so big a concern come home to roost, laying its dividends on British soil. The U. S., of course, was pleased in the unique achievement of making a $15,000,000 profit out of a foreign investment. And then in stepped Neville Chamberlain, who intends to be Prime Minister some...
...Soong asked Chinese patriots to buy $5,600,000 worth of lottery tickets, promised to pay lucky patriots exactly half this sum in lottery prizes totaling $2,800,000. Of the Government's profit half will go "to purchase airplanes and for the building of roads." Such a prospect so vexed the Japanese war office that U. S. Ambassador Grew was again forced to deny U. S. connivance...
...together with 400 bankers, industrialists, artists and economists, was dined at the smart, beautiful and bankrupt Hotel Pierre in Manhattan. It delivered a broadcast speech through its Howard Scott, bragging that: "Months ago we were a quiet, unknown, non-profit organization. . . . We have written 14,000 words. Those 14,000 words, to judge from the results, are the most potent 14,000 words that have been written up to date, if action and interest and curiosity are any judge of results." Having spoken, it scowled fiercely at questioners, refused to answer. Earlier in the evening its Scott had said...
...Illinois Life allowed the hotel 78? on the dollar for its third mortgage but on the same day put the mortgage on its books at par. Although Stevens Hotel first mortgage bonds were then selling at 25? on the dollar, Illinois Life credited itself with a $200,000 profit. That did not end the amazing jugglery, for a few days later the Stevens Hotel gave notes to Illinois Life not in exchange for the third mortgage but for $700,000 cash. Illinois Life shortly declared dividends amounting...
...only state what I think are the benefits of the system:-Practice in separating out the components of problems, of a complexity that is pedagogically poor for course work. Fewer of them, of course . . . . Opportunity to learn the resources of the past and how to profit by the experiences of others, and criticize and compare methods of attack. This is impossible in course work, from the mess of facts that must be crammed . . . . Chance to do experimental work that is individually appealing, and to learn self-criticism from thinking it over . . . . The pace is individual, and extra time...