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"Gentlemen our attorneys inform me, happily, that the Sherman Act, the Clayton Act, the Celler Act, and the FTC are for the moment...ah...Well, let me say...in this instance, at last ...er...inoperative."
"Gentlemen our attorneys inform me, happily, that the Sherman Act, the Clayton Act, the Celler Act, and the FTC are for the moment...ah...Well, let me say...in this instance, at last ...er...inoperative."

"Gentlemen our attorneys inform me, happily, that the Sherman Act, the Clayton Act, the Celler Act, and the FTC are for the moment...ah...Well, let me say...in this instance, at last ...er...inoperative."

Artist (American, 1900 - 1974)
Date1954
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 8 1/2 × 9 5/8 in. (21.6 × 24.5 cm) Sheet: 8 1/2 × 9 5/8 in. (21.6 × 24.5 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.2191
" 'The anti-windfall tax is the excess of the amount due in 1942 or 1943, whichever is the lower, over the tax on the highest income of the years 1937, 1938, 1939, or 1940 plus $20,000 figured at 1942 Revenue Act rates'...Well, that much is clear."
" 'The anti-windfall tax is the excess of the amount due in 1942 or 1943, whichever is the lower, over the tax on the highest income of the years 1937, 1938, 1939, or 1940 plus $20,000 figured at 1942 Revenue Act rates'...Well, that much is clear."
Alan Dunn
1943
Mike went into his act harder than ever, and used everything but a knife and fork on his partner.
Mike went into his act harder than ever, and used everything but a knife and fork on his partner.
Alan Dunn
1931
"Don't you think you're taking the Truth-in-Lending Act too hard?"
"Don't you think you're taking the Truth-in-Lending Act too hard?"
Alan Dunn
1967
"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
"Well, I don't care what they say about it. It's home to me."
"Well, I don't care what they say about it. It's home to me."
Alan Dunn
1967
"Well, folks, if we can't count on St. Christopher, let's fasten our seat belts."
"Well, folks, if we can't count on St. Christopher, let's fasten our seat belts."
Alan Dunn
1969
"Let me get this straight. You want me to confess I was in error when I confessed I was in error before."
"Let me get this straight. You want me to confess I was in error when I confessed I was in error before."
Alan Dunn
1955
"Claude, dearest, this is Sibyl again - I want you to tell me once more, beloved, those wonderful things you said about me last night at the Palm Gardens."
"Claude, dearest, this is Sibyl again - I want you to tell me once more, beloved, those wonderful things you said about me last night at the Palm Gardens."
Alan Dunn
1931
"Let's forget business for a moment and just visit."
"Let's forget business for a moment and just visit."
Alan Dunn
1957
"Now, let's suppose, for the moment, that I am Mme. Nhu."
"Now, let's suppose, for the moment, that I am Mme. Nhu."
Alan Dunn
1963
"If I promise not to let it go any further, tell me, how much is one million dollars in real money?"
"If I promise not to let it go any further, tell me, how much is one million dollars in real money?"
Alan Dunn
1969
"It's true, sir, that the State Department let me go, but that was solely because of incompetence."
"It's true, sir, that the State Department let me go, but that was solely because of incompetence."
Alan Dunn
1950