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"And what do we get?The trouble with people like us, Jethro, is that we don't demonstrate."
"And what do we get?The trouble with people like us, Jethro, is that we don't demonstrate."

"And what do we get?The trouble with people like us, Jethro, is that we don't demonstrate."

Artist (American, 1900 - 1974)
Date1967
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 9 1/2 × 11 15/16 in. (24.1 × 30.3 cm) Sheet: 9 1/2 × 11 15/16 in. (24.1 × 30.3 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1595
"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
"What's the official line now? Do we take an attitude of statemanlike diplomacy, or do we burn down their library?"
"What's the official line now? Do we take an attitude of statemanlike diplomacy, or do we burn down their library?"
Alan Dunn
c 1965
"Oh, what do you care what a lot of bourgeois trades people in a building like this think! Tell 'em I'm your sponsor - anything."
"Oh, what do you care what a lot of bourgeois trades people in a building like this think! Tell 'em I'm your sponsor - anything."
Alan Dunn
1948
"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
"Well, we're back. We zoomed like hell through Provence, but the dollar caught up with us at Marseilles."
"Well, we're back. We zoomed like hell through Provence, but the dollar caught up with us at Marseilles."
Alan Dunn
1973
"Saw you light from the park and came up, kids - We were afraid you'd go to too much trouble if we telephoned we were coming -"
"Saw you light from the park and came up, kids - We were afraid you'd go to too much trouble if we telephoned we were coming -"
Alan Dunn
1948
"One belief is that every person is inhabited by a spirit, or ko, which goes travelling while the human body is asleep. If a man should be awakened suddenly - so the belief is- the Ko might not have time to get back into its body and would get even by going around causing trouble. So the people believe a man should be allowed to sleep until he wakes up of his own accord." U.S. Army Pocket Guide to New Caledonia.
"One belief is that every person is inhabited by a spirit, or ko, which goes travelling while the human body is asleep. If a man should be awakened suddenly - so the belief is- the Ko might not have time to get back into its body and would get even by going around causing trouble. So the people believe a man should be allowed to sleep until he wakes up of his own accord." U.S. Army Pocket Guide to New Caledonia.
Alan Dunn
1943
"We get it in the army so do not send no more of it in cans."
"We get it in the army so do not send no more of it in cans."
Alan Dunn
1942
"Wouldn't it be better just to have a couple of small signs telling what we do have?"
"Wouldn't it be better just to have a couple of small signs telling what we do have?"
Alan Dunn
1945
"We hate to mix business with pleasure, Mr. Steen, but how do you feel about giving us that order for 50,000 (indeciferable)?"
"We hate to mix business with pleasure, Mr. Steen, but how do you feel about giving us that order for 50,000 (indeciferable)?"
Alan Dunn
1927
"I used to work in the joolery but y' don't get the fine class of people y' do here."
"I used to work in the joolery but y' don't get the fine class of people y' do here."
Kindl (Alan Dunn)
1930
"They agree to turn over control of the university to us, but there's an "if" to it. We have to grant the administration the same right to sit in, protest, and dissent that they granted us!"
"They agree to turn over control of the university to us, but there's an "if" to it. We have to grant the administration the same right to sit in, protest, and dissent that they granted us!"
Alan Dunn
1968