Skip to main content
Collections Menu
"He gave her one million, two million and still the misunderstanding grew."
"He gave her one million, two million and still the misunderstanding grew."

"He gave her one million, two million and still the misunderstanding grew."

Artist (American, 1899 - 1976)
Date1933
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 14 3/4 × 10 3/4 in. (37.4 × 27.3 cm) Sheet: 16 1/8 × 11 7/16 in. (40.9 × 29.1 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.2292
"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
"You know what you're getting into, don't you? A million men are idle right now in this country."
"You know what you're getting into, don't you? A million men are idle right now in this country."
Mary Petty
1930
"Would you care to know, dear, that your 'hazy morn of an enchanted day in May' is composed of six-tenths parts per million sulfur dioxide, two parts per million carbon monoxide, four parts per million hydrocarbons, three parts...."
"Would you care to know, dear, that your 'hazy morn of an enchanted day in May' is composed of six-tenths parts per million sulfur dioxide, two parts per million carbon monoxide, four parts per million hydrocarbons, three parts...."
Alan Dunn
1968
"He still carries her bullet in his body. That's how he can tell when it's going to rain."
"He still carries her bullet in his body. That's how he can tell when it's going to rain."
Mary Petty
1937
"I figure it would take a million astronauts ten million years to move us, stone by stone, to Planet Earth."
"I figure it would take a million astronauts ten million years to move us, stone by stone, to Planet Earth."
Alan Dunn
1970
"Tell me, exactly how much is one million dollars in real money?"
"Tell me, exactly how much is one million dollars in real money?"
Alan Dunn
1969
"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
Sounding one long melancholy chord, Tom drooped head upon his hands, and gave it up as hopeless.
Sounding one long melancholy chord, Tom drooped head upon his hands, and gave it up as hopeless.
Mary Petty
20th-century
"He has two personalities: a captain of artillery whom all the world knows - and the other one."
"He has two personalities: a captain of artillery whom all the world knows - and the other one."
Mary Petty
1932
"Best think tank in the country, and their conclusion after two years, thousands of dollars, and millions of words is "God only knows!"
"Best think tank in the country, and their conclusion after two years, thousands of dollars, and millions of words is "God only knows!"
Alan Dunn
1968
"Her husband has been delirious for days. He keeps calling for a Mrs. Hatfield."
"Her husband has been delirious for days. He keeps calling for a Mrs. Hatfield."
Mary Petty
1936
"I'll wait for him one more year. I keep telling myself he may be having engine trouble somewhere."
"I'll wait for him one more year. I keep telling myself he may be having engine trouble somewhere."
Mary Petty
1939