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"Sir, I think Corporal Smith here has a suggestion which might facilitate our retreat."
"Sir, I think Corporal Smith here has a suggestion which might facilitate our retreat."

"Sir, I think Corporal Smith here has a suggestion which might facilitate our retreat."

Artist (American, 1900 - 1974)
Date1940
ClassificationsCartoon
Mediumcrayon
DimensionsObject: 15 1/8 × 13 3/4 in. (38.4 × 34.9 cm) Sheet: 15 1/8 × 13 3/4 in. (38.4 × 34.9 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.0758
"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
"Its a nice little retreat in the Adirondacks where the local power company has kilowatts running out of its ears."
"Its a nice little retreat in the Adirondacks where the local power company has kilowatts running out of its ears."
Alan Dunn
1973
"Might I ask what protection your wife has in case you should -er- drop out of the picture?"
"Might I ask what protection your wife has in case you should -er- drop out of the picture?"
Alan Dunn
1936
"So you don't want any part of the world my generation has made? Well, I think I can do something about that, son."
"So you don't want any part of the world my generation has made? Well, I think I can do something about that, son."
Alan Dunn
1966
"Isn't it wonderful what the new Empire State Tower has done for Kate Smith?"
"Isn't it wonderful what the new Empire State Tower has done for Kate Smith?"
Alan Dunn
1951
"Here's the one - The Coming Armageddon - I wrote it four years ago - I remember I delivered it on a day that rained and only three people came. Why don't I change the wording a bit substituting 'atomic might' for 'military might' and let it solve my problem for next Sunday? After all, Dr. Blahr does it all the time - suppose I just read it to you - you can go right on sewing..."
"Here's the one - The Coming Armageddon - I wrote it four years ago - I remember I delivered it on a day that rained and only three people came. Why don't I change the wording a bit substituting 'atomic might' for 'military might' and let it solve my problem for next Sunday? After all, Dr. Blahr does it all the time - suppose I just read it to you - you can go right on sewing..."
Alan Dunn
1948
"Siena, elevation 1,050 feet, 52,652 inhabitants, situated on three hills between the Arbia and the Elsa is after Florence, the Tuscan town most rich in works of art and the one which, of all Italian towns, has best conserved the spirit and appearance of the Middle Ages. Siena was first an Etruscan..."
"Siena, elevation 1,050 feet, 52,652 inhabitants, situated on three hills between the Arbia and the Elsa is after Florence, the Tuscan town most rich in works of art and the one which, of all Italian towns, has best conserved the spirit and appearance of the Middle Ages. Siena was first an Etruscan..."
Alan Dunn
1959
"A lady's voice, sir, and she has the wrong number, but she says she must talk to someone."
"A lady's voice, sir, and she has the wrong number, but she says she must talk to someone."
Alan Dunn
1937
"A telegram from Captain Markham, sir. His reconnaissance party has reached Atlantic City, and he asks for more expense money."
"A telegram from Captain Markham, sir. His reconnaissance party has reached Atlantic City, and he asks for more expense money."
Alan Dunn
1941
"We think Marcel Breuer really has it licked now."
"We think Marcel Breuer really has it licked now."
Alan Dunn
1968
"He has no faults whatsoever to find with the administration, he approves the conduct of the war without reservations, he likes the OPA and the way they do things, he thinks the WPB and the OWI are O.K., he made out his income tax with no difficulty..."
"He has no faults whatsoever to find with the administration, he approves the conduct of the war without reservations, he likes the OPA and the way they do things, he thinks the WPB and the OWI are O.K., he made out his income tax with no difficulty..."
Alan Dunn
1944
"Just think of it - the specialist said he has a mental age of ten weeks and he's only a month."
"Just think of it - the specialist said he has a mental age of ten weeks and he's only a month."
Alan Dunn
1928