Business & Finance: Cumshaw

Shipping men, John T. Flynn explains, have a special word for graft—"Cumshaw." When a captain, after being entertained lavishly by a chandler, gives an order to him, it is "Cumshaw."

But "Cumshaw" is not of course limited to the sea. Big graft and little graft run through the entire commercial structure. In Graft in Business, published last week by Vanguard Press ($3), Author Flynn goes into the matter. Part of the book deals with petty graft by corporation officials, tells of no practices one does not know or suspect to exist. Typical example : a...

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