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Thus in 1930 - things were getting rough, and due to get rougher. The Era of Mergers stopped short; in their place was to come the 77-B reorganization. There was a loss of industrial mastery; a host of governmental alphabetical agencies would soon confront the business executive with a world he never made. But the technology of a newer era was all this time being slowly and inconspicuously laid down.
Thus in 1930 - things were getting rough, and due to get rougher. The Era of Mergers stopped short; in their place was to come the 77-B reorganization. There was a loss of industrial mastery; a host of governmental alphabetical agencies would soon confront the business executive with a world he never made. But the technology of a newer era was all this time being slowly and inconspicuously laid down.

Thus in 1930 - things were getting rough, and due to get rougher. The Era of Mergers stopped short; in their place was to come the 77-B reorganization. There was a loss of industrial mastery; a host of governmental alphabetical agencies would soon confront the business executive with a world he never made. But the technology of a newer era was all this time being slowly and inconspicuously laid down.

Artist (American, 1900 - 1974)
Date1959
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 5 1/4 × 5 5/8 in. (13.3 × 14.3 cm) Sheet: 5 1/4 × 5 5/8 in. (13.3 × 14.3 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.2035
Ode to an Era (Series 1977-1978)
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Untitled (portrait of a man in United States Air Force pilot uniform, WWII era)
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Berenice Abbott
"I'm awfully sorry, but this is my first merger."
"I'm awfully sorry, but this is my first merger."
Alan Dunn
1968
"You can admire generally but don't admire one object especially, for then courtesy requires your host to give it to you." U.S. Army Pocket Guide to China.
"You can admire generally but don't admire one object especially, for then courtesy requires your host to give it to you." U.S. Army Pocket Guide to China.
Alan Dunn
1943
Model Agency, Moscow
Model Agency, Moscow
Jason Eskenazi
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"All I know is I stopped listening to reason and my headache was gone."
"All I know is I stopped listening to reason and my headache was gone."
Alan Dunn
1969
"I learned this stroke from Mayor O'Brien when he laid our cornerstone."
"I learned this stroke from Mayor O'Brien when he laid our cornerstone."
Alan Dunn
1933
"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
" '41 - '42 - '43? Think, man, think! Just when was it you stopped counting?"
" '41 - '42 - '43? Think, man, think! Just when was it you stopped counting?"
Alan Dunn
1945