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Okochee, in Georgia, had a boom, and J. Pinkney Bloom came out of it with a "wad." Okochee came out of it with a half-million-dollar debt, a two and a half per cent. city property tax, and a city council that showed a propensity for traveling the back streets of the town.
Sharpe, "is at present capitalized for two hundred and fifty thousand dollars, and is a good ten-per-cent.-dividend-paying stock at the present moment; but its business is not growing, and I propose to take in sufficient capital to raise the Brightlight to a half-million-dollar corporation, clear off its indebtedness and project certain extensions.
Along comes your hardware man and says, Here, why don't you put in my new kind of spark arrestor; think how little it costs; what's fifty dollars to a half-million-dollar business? The spark arrester's a good thing all right, so you put it in.
Comparing the two concerns, Bobby felt that in the Brightlight he had vastly the better property of the two, in that there was no water in it at its present, half-million-dollar capitalization.
This is a half-million-dollar line and a little bit different. It means about fifteen thousand dollars in premiums, to be exact. You can figure what your commission will be at fifteen per cent, to say nothing of how solid this will make you with the street... Later on there 'll be workmen's compensation, boiler insurance, public liability. It's a pretty nice little plum, if I do say so."
And if any three-thousand-dollar-a-year professor, through a too strict respect for Stillwater's standards of learning, should lose to that institution a half-million-dollar observatory, swimming-pool, or gymnasium, he was the sort of college president, who would see to it that the college lost also the services of that too conscientious instructor.
Hilmer did not betray the slightest surprise at Starratt's reply. Evidently he had heard something of the same argument before. "Everybody does it," was his calmly brief rejoinder. "You mean Kendrick, to be exact... I'm sorry, but I don't see it that way." "Do you mean that you would rather pass up a half-million-dollar line than share the spoils?" "It isn't a question of choice, Hilmer.
And then there's maybe a chance to use a little paint and make the shanties look like something besides shanties; that don't cost much, either, to a half-million-dollar business. And so on through a thousand things. And by and by it's costing twenty dollars and one cent to get your lumber to market; and it's B-U-S-T, bust!" "That's economic waste," put in Merker.
A sub-stratum of truth should run through the news columns; but since a million-dollar fire is more exciting than a half-million-dollar fire, since a thousand deaths in an earthquake are more exciting than a hundred, no nice scrupulosity need be observed in checking the insurance inspector's figures or in counting the dead.
I have his promise that the college trustees will campaign the state this summer for a half-million-dollar emergency fund, a good slice of which will go toward salary increases." "Well! I must say " She did not say it. Silently she left us. He lingered a while in the barn. He opened my hood, for I was quite warm from the towing job.
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