Word: profitable
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Without Profit (Cont...
Last week the War Policies Commission, chairmanned by dapper, pink-cheeked Secretary of War Hurley, concluded its public hearings, prepared to write a report for the President. Created by Congress, it had heard many a witness, some with ideas, more without, on how to take the profit out of war. No proposal had gained more attention or stirred more discussion than that of Bernard Mannes Baruch, Wartime head of the War Industries Board, for "freezing" all prices by presidential proclamation at the outbreak of War (TIME, May 25). At the Commission's closing session Mr. Baruch reappeared to answer...
Baruch Plan. Most important proposal before the W. P. C. came from Bernard Mannes Baruch, astute white eagle of Wall Street. As chairman of the War Industries Board, which mobilized and controlled business to supply the Army during the War, Mr. Baruch learned from experience all about war profiteering. To eradicate it he proposed a Federal command of still-pond-no-more-moving. "In modern warfare," he testified, "administrative control must replace the law of supply and demand. To measure inflation of price and profit we must have some norm. The obvious norm is the whole price structure...
...Suit What may be a $10,000,000 special profit for Gillette, but what would not be counted as earnings, was sought last week. Gillette sued United Cigar Stores for $10,000,000 damages, charging that in 1927 the two firms entered into a ten-year contract by which United was to retail Gillette products, but in which United misrepresented facts. The facts concerned the number of razors and blades United is able to sell. United at the time was under the management of the Whelan Brothers, bought out in 1929 by the Brothers Morrow...
...determined on the same scale. One customers' man in the firm had two big accounts, a dummy account for himself and a discretionary account for a customer who was abroad. He would shout "name later" when he gave orders in the morning. If the transaction showed a profit he would put it in his account. This was against rules but the order clerk got a nice slice. Harrison Welch was running a pool and arranged with certain customers' men that they would get $1 a share for every share they sold. Customers' men have short office hours...