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"We've really "emerged"! Now they want us to help them with their deficit balance of payments."
"We've really "emerged"! Now they want us to help them with their deficit balance of payments."

"We've really "emerged"! Now they want us to help them with their deficit balance of payments."

Artist (American, 1900 - 1974)
Date1962
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 10 3/16 × 10 13/16 in. (25.8 × 27.5 cm) Sheet: 10 3/16 × 10 13/16 in. (25.8 × 27.5 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1476
"Remember how quick they were to grant us a responsible voice in management? Well, now they want us to help raise the money to stave off bankruptcy."
"Remember how quick they were to grant us a responsible voice in management? Well, now they want us to help raise the money to stave off bankruptcy."
Alan Dunn
1971
"And, of course, easy time payments can be arranged through our finance company."
"And, of course, easy time payments can be arranged through our finance company."
Alan Dunn
1942
"Price support money - soil bank payments for what I don't plant - power-line lease - oil and gas pipeline right-of-way fees - Best damn farm in the country."
"Price support money - soil bank payments for what I don't plant - power-line lease - oil and gas pipeline right-of-way fees - Best damn farm in the country."
Alan Dunn
1960
"Oh, we're coming along. We've got everything now but the roof and one wall unit."
"Oh, we're coming along. We've got everything now but the roof and one wall unit."
Alan Dunn
1947
"We're really a three-car family, but two of them have been recalled."
"We're really a three-car family, but two of them have been recalled."
Alan Dunn
1969
"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 think we've got it licked now."
"Well, I think we've got it licked now."
Alan Dunn
1936
"We think Marcel Breuer really has it licked now."
"We think Marcel Breuer really has it licked now."
Alan Dunn
1968
"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".
Alan Dunn
1950
"He'll sell us the car for six hundred dollars, but he wants twelve hundred dollars for the furniture."
"He'll sell us the car for six hundred dollars, but he wants twelve hundred dollars for the furniture."
Alan Dunn
1946
"Darling, the Prefab Homes man was just here and he wants us to turn this in for a 1937 model. He says he'll allow us $1200."
"Darling, the Prefab Homes man was just here and he wants us to turn this in for a 1937 model. He says he'll allow us $1200."
Alan Dunn
1937
"I am now soar because I can't get right in there and battle them Rising Sons of you know what."
"I am now soar because I can't get right in there and battle them Rising Sons of you know what."
Alan Dunn
1942