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"And no one will be able to detect where nature left off and we began."
"And no one will be able to detect where nature left off and we began."

"And no one will be able to detect where nature left off and we began."

Artist (American, 1900 - 1974)
Date1935
ClassificationsCartoon
Mediumcrayon
DimensionsObject: 13 5/8 × 13 9/16 in. (34.6 × 34.5 cm) Sheet: 13 5/8 × 13 9/16 in. (34.6 × 34.5 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1894
"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
"Just like a woman - insisting on a door where Nature cries out for a window."
"Just like a woman - insisting on a door where Nature cries out for a window."
Alan Dunn
1932
"In reply to 768K Chicago send form B486J9-X with paragraph H-JX25 underlined. We'll tell 'em where to get off at."
"In reply to 768K Chicago send form B486J9-X with paragraph H-JX25 underlined. We'll tell 'em where to get off at."
Alan Dunn
1932
"Our patented bung - that's where Mother Nature comes in."
"Our patented bung - that's where Mother Nature comes in."
Kindl (Alan Dunn)
1931
"I must say it'll be good to get back to Gramercy Park, where one has one's own key."
"I must say it'll be good to get back to Gramercy Park, where one has one's own key."
Alan Dunn
1963
"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
"Wouldn't you think there'd be a place between the first and second centuries where we could rest our feet?"
"Wouldn't you think there'd be a place between the first and second centuries where we could rest our feet?"
Alan Dunn
1958
"I'm all right if I don't look down." "They wouldn't be any better if we went clockwise." "Where's the elevator? I'm all turned round. " "Hi, Alice." "Stop thinking of it as a third of a mile! " "Let's come again and really look at the pictures." "This is going to be had to tear down."
"I'm all right if I don't look down." "They wouldn't be any better if we went clockwise." "Where's the elevator? I'm all turned round. " "Hi, Alice." "Stop thinking of it as a third of a mile! " "Let's come again and really look at the pictures." "This is going to be had to tear down."
Alan Dunn
1959
"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
"Would it upset the balance of nature if I gave it one good swat?"
"Would it upset the balance of nature if I gave it one good swat?"
Alan Dunn
1962
"And now, on your right, one of nature's wonders - the famed Palisades of New Jersey."
"And now, on your right, one of nature's wonders - the famed Palisades of New Jersey."
Alan Dunn
1973
"We better not bawl them out. They've been wanting to get that off their chest ever since they got out of fire school."
"We better not bawl them out. They've been wanting to get that off their chest ever since they got out of fire school."
Alan Dunn
1936