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"The way I understand it, it means that now we can plant all the wheat we want."
"The way I understand it, it means that now we can plant all the wheat we want."

"The way I understand it, it means that now we can plant all the wheat we want."

Artist (American, 1900 - 1974)
Date1963
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 9 13/16 × 11 5/8 in. (24.9 × 29.6 cm) Sheet: 9 13/16 × 11 5/8 in. (24.9 × 29.6 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1549
"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
"I just heard Herbert say 'Ergo'. That means if we don't do something we won't get out of here till two o'clock."
"I just heard Herbert say 'Ergo'. That means if we don't do something we won't get out of here till two o'clock."
Mary Petty
1936
"Look, I keep telling you, nothing can go wrong. We just take the keys from the first employee to arrive. That's all there is to it."
"Look, I keep telling you, nothing can go wrong. We just take the keys from the first employee to arrive. That's all there is to it."
Alan Dunn
1955
"I cud not understand why the doctors made so much fuss about my teeth but it is all clear now since I got some of the beef the army uses in beef stew."
"I cud not understand why the doctors made so much fuss about my teeth but it is all clear now since I got some of the beef the army uses in beef stew."
Alan Dunn
1941
"Now I know what that song means - 'have you ever seen a dream dancing'?"
"Now I know what that song means - 'have you ever seen a dream dancing'?"
Mary Petty
1934
"But it's very easy to remember, lady, the one what, says 'hot' means cold and the one what says 'cold' also means cold."
"But it's very easy to remember, lady, the one what, says 'hot' means cold and the one what says 'cold' also means cold."
Alan Dunn
1931
"I don't know whether it means anything especially, but that makes the second time this year that my views have been solicited by Dr. Gallup."
"I don't know whether it means anything especially, but that makes the second time this year that my views have been solicited by Dr. Gallup."
Alan Dunn
1941
"Of course you understand, Mr. Hawkes, when I say 'you' I mean the British Empire."
"Of course you understand, Mr. Hawkes, when I say 'you' I mean the British Empire."
Alan Dunn
1930
"The guerilla activities near Nestoria have been suppressed with thirty million dollars in Greek aid, including tractors, other farm machinery, and a large shipment of road building equipment. The Communist inspired agitation in central Italy is being countered vigorously by the distribution of machine tools and twenty thousand long tons of cereals, mostly wheat. In Germany, we are bringing up foodstuffs..."
"The guerilla activities near Nestoria have been suppressed with thirty million dollars in Greek aid, including tractors, other farm machinery, and a large shipment of road building equipment. The Communist inspired agitation in central Italy is being countered vigorously by the distribution of machine tools and twenty thousand long tons of cereals, mostly wheat. In Germany, we are bringing up foodstuffs..."
Alan Dunn
1948
"An umpire waving a blue flag means you are smack in the middle of an area under artillery bombardment."
"An umpire waving a blue flag means you are smack in the middle of an area under artillery bombardment."
Alan Dunn
c 1942
"Not now, dearest. When we get over to Sixth Avenue you can spit."
"Not now, dearest. When we get over to Sixth Avenue you can spit."
Alan Dunn
1930
"Now if we can only get Ben Bernie it'll be perfect."
"Now if we can only get Ben Bernie it'll be perfect."
Alan Dunn
1927