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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Dec 30, 1971
Page
1
The piece argues profits are the incentive for industrial and financial activity, while noting critics cite greed and inefficiency. It cites Treasury Secretary Connally on profits as a share of GNP, the need to attract risk capital, and that millions of Americans indirectly own capital through pensions, insurers, mutual funds, and profit-sharing plans.
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