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"Our patented bung - that's where Mother Nature comes in."
"Our patented bung - that's where Mother Nature comes in."

"Our patented bung - that's where Mother Nature comes in."

Artist (American, 1900 - 1974)
Date1931
ClassificationsCartoon
Mediumink wash
DimensionsObject: 13 3/4 × 12 5/8 in. (35 × 32.1 cm) Sheet: 13 3/4 × 12 5/8 in. (35 × 32.1 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1865
“That’s all very well, old fellow, but have you ever thought where you will be if deflation comes?
“That’s all very well, old fellow, but have you ever thought where you will be if deflation comes?
Alan Dunn
1944
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
Alan Dunn
1954
"That's where we Dickermans get our inferiority complex, Harold. He was defeated by Burgoyne."
"That's where we Dickermans get our inferiority complex, Harold. He was defeated by Burgoyne."
Alan Dunn
1932
"I assure you, Madam, our responsibility don't end with installin' the tub. Our aim is to see that you get a thoroughly good bath."
"I assure you, Madam, our responsibility don't end with installin' the tub. Our aim is to see that you get a thoroughly good bath."
Kindl (Alan Dunn)
1930
"Our competitors got out an onion soup with noodles instead of cheese, but by gad, we'll beat them with our new model if we have to crap every machine in the place!"
"Our competitors got out an onion soup with noodles instead of cheese, but by gad, we'll beat them with our new model if we have to crap every machine in the place!"
Kindl (Alan Dunn)
1931
"Our house isn't entirely completed yet. You'll just have to imagine the bathroom."
"Our house isn't entirely completed yet. You'll just have to imagine the bathroom."
Kindl (Alan Dunn)
1931
"Oh, Daniel, dearest, I've just discovered that Mr. Maltsby here is a distant cousin of ours!"
"Oh, Daniel, dearest, I've just discovered that Mr. Maltsby here is a distant cousin of ours!"
Kindl (Alan Dunn)
1929
"Better take your cane, dearest. There's some toal about our Victrola not being paid for."
"Better take your cane, dearest. There's some toal about our Victrola not being paid for."
Kindl (Alan Dunn)
1930
"Then the question is: Do we want a prosperity based on increased government spending or a prosperity based on cutting government expenses? That's where I begin not to follow."
"Then the question is: Do we want a prosperity based on increased government spending or a prosperity based on cutting government expenses? That's where I begin not to follow."
Alan Dunn
1964
"That's just Mrs. Clarey from next door. She asked me if she could use our bathroom while hers is being fixed. I meant to tell you -"
"That's just Mrs. Clarey from next door. She asked me if she could use our bathroom while hers is being fixed. I meant to tell you -"
Alan Dunn
1948
"Keep an eye out for a green parachute--that's our lunch."
"Keep an eye out for a green parachute--that's our lunch."
Alan Dunn
1941
"And that's that. Now our next headache is Easter."
"And that's that. Now our next headache is Easter."
Alan Dunn
1945