Skip to main content
Collections Menu
"That's it - nothing much has happened to us since the war."
"That's it - nothing much has happened to us since the war."

"That's it - nothing much has happened to us since the war."

Artist (American, 1899 - 1976)
Date1930
ClassificationsCartoon
Mediumink crayon
DimensionsObject: 12 1/2 × 12 5/8 in. (31.7 × 32 cm) Sheet: 15 3/8 × 14 1/8 in. (39.1 × 35.9 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1986.245
"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
"That's what I first liked about her-the way she hit out at life."
"That's what I first liked about her-the way she hit out at life."
Mary Petty
1936
"He still carries her bullet in his body. That's how he can tell when it's going to rain."
"He still carries her bullet in his body. That's how he can tell when it's going to rain."
Mary Petty
1937
"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
"He's Harvard summa cum laude, of course. He has that to fight."
"He's Harvard summa cum laude, of course. He has that to fight."
Mary Petty
1938
"She's not going to divorce him yet. She thinks he has another book in him."
"She's not going to divorce him yet. She thinks he has another book in him."
Mary Petty
1935
"He has two personalities: a captain of artillery whom all the world knows - and the other one."
"He has two personalities: a captain of artillery whom all the world knows - and the other one."
Mary Petty
1932
"I hear Mrs. Hargreaves has given up her brownstone front."
"I hear Mrs. Hargreaves has given up her brownstone front."
Mary Petty
1932
"We might go over and leave cards at that new house that has the chute-the-chutes."
"We might go over and leave cards at that new house that has the chute-the-chutes."
Mary Petty
1933
"Her husband has been delirious for days. He keeps calling for a Mrs. Hatfield."
"Her husband has been delirious for days. He keeps calling for a Mrs. Hatfield."
Mary Petty
1936
"Now this one has more go."
"Now this one has more go."
Mary Petty
1937
"I don't know whether this has any bearing on the case, Doctor, but he's allergic to Philadelphia scrapple."
"I don't know whether this has any bearing on the case, Doctor, but he's allergic to Philadelphia scrapple."
Mary Petty
1937