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"Frankly, we Californians are proud of our snow."
"Frankly, we Californians are proud of our snow."

"Frankly, we Californians are proud of our snow."

Artist (American, 1900 - 1974)
Date1938
ClassificationsCartoon
Mediumcrayon
DimensionsObject: 15 1/2 × 12 in. (39.4 × 30.5 cm) Sheet: 15 1/2 × 12 in. (39.4 × 30.5 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.0635
"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
"Sure I can give you examples. One, our new proton synchrontron is bigger thant theirs, two our ballistic missile program is ahead of theirs; and three, we have better mail service."
"Sure I can give you examples. One, our new proton synchrontron is bigger thant theirs, two our ballistic missile program is ahead of theirs; and three, we have better mail service."
Alan Dunn
1957
"Have you heard of our Pen-of-the-Month Club? Every month we send you our judges choice of the latest ball-point pens."
"Have you heard of our Pen-of-the-Month Club? Every month we send you our judges choice of the latest ball-point pens."
Alan Dunn
1946
"Frankly, it's people under thirty we're worried about."
"Frankly, it's people under thirty we're worried about."
Alan Dunn
1968
"Frankly, Miss Plackett, you have a slight overlapping of the lunar returns, but cheer up and this goes for all you Capricorns. You have Saturn conjunct Mercury, which deepens the mind, and you have Venus, the love planet in trine with Pluto, which really gives you the go-ahead provided, of course, the new earth satellite doesn't come along and gum things up."
"Frankly, Miss Plackett, you have a slight overlapping of the lunar returns, but cheer up and this goes for all you Capricorns. You have Saturn conjunct Mercury, which deepens the mind, and you have Venus, the love planet in trine with Pluto, which really gives you the go-ahead provided, of course, the new earth satellite doesn't come along and gum things up."
Alan Dunn
1957
"Tell me frankly, General, do you think I ought to..."
"Tell me frankly, General, do you think I ought to..."
Alan Dunn
1948
"Frankly, son, I wasn't very good at the old math either."
"Frankly, son, I wasn't very good at the old math either."
Alan Dunn
1964
"Frankly, I think Connally's getting too big for his parameter."
"Frankly, I think Connally's getting too big for his parameter."
Alan Dunn
1971
"But Hubert, how will we know which is ours?", "Patience, dear, we shall plant a tree."
"But Hubert, how will we know which is ours?", "Patience, dear, we shall plant a tree."
Alan Dunn
1926
"We hope you don't mind, but we want to show our scientists back home a real earthling."
"We hope you don't mind, but we want to show our scientists back home a real earthling."
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
"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