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"The union has just about agreed to a settlement on the basis of the N.L.R.B. formula, but a hitch has developed - they want us to pay for their ads in the "Times".
"The union has just about agreed to a settlement on the basis of the N.L.R.B. formula, but a hitch has developed - they want us to pay for their ads in the "Times".

"The union has just about agreed to a settlement on the basis of the N.L.R.B. formula, but a hitch has developed - they want us to pay for their ads in the "Times".

Artist (American, 1900 - 1974)
Date1950
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 7 3/8 × 10 1/4 in. (18.7 × 26 cm) Sheet: 7 3/8 × 10 1/4 in. (18.7 × 26 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1161
"O.K., we're all agreed, we'll merge on a share-for-share basis - that leaves 157 open items on the agenda."
"O.K., we're all agreed, we'll merge on a share-for-share basis - that leaves 157 open items on the agenda."
Alan Dunn
1954
"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
"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
"Irma, I want you to meet Mrs. Rush. Mrs. Rush has a very successful compost pit."
"Irma, I want you to meet Mrs. Rush. Mrs. Rush has a very successful compost pit."
Alan Dunn
1950
" I have just discovered the army has been experimenting on me."
" I have just discovered the army has been experimenting on me."
Alan Dunn
1942
“I will volunteer for no more innoculations unless the germ has been tried on an elephant and it has lived.”
“I will volunteer for no more innoculations unless the germ has been tried on an elephant and it has lived.”
Alan Dunn
1942
"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
"Just the same, Ma'am, we must not forget that the nose has a purpose and a place in the scheme of things."
"Just the same, Ma'am, we must not forget that the nose has a purpose and a place in the scheme of things."
Alan Dunn
1931
"Graham, you're missing all this. The President has just pushed a button!"
"Graham, you're missing all this. The President has just pushed a button!"
Alan Dunn
1931
"That's it - nothing much has happened to us since the war."
"That's it - nothing much has happened to us since the war."
Mary Petty
1930
"This is a nice camp for a camp that was started in a hurry and has grown so fast the contractors have lost control."
"This is a nice camp for a camp that was started in a hurry and has grown so fast the contractors have lost control."
Alan Dunn
1941
"Your generation, my boy, has a promising future - curing the side effects of antibiotics!"
"Your generation, my boy, has a promising future - curing the side effects of antibiotics!"
Alan Dunn
1960