Word: consumerization
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¶ A bill before the House last week was designed to give U. S. industries immunity under the anti-trust laws in collective buying of crude rubber, potash, sisal "or other raw materials or products of nature." The opposition which sprang up declared that such a measure would injure the...
At Mr. Raskob's banquet he said: "Installment selling has increased production, stabilized output, reduced production cost and increased purchasing power. The installment plan induces the consumer to look ahead with greater care and to plan his economic program with a higher degree of intelligence. It not only tends...
"Installment credit is beginning to do for the consumer what the gradual development of the commercial banking system has done for the producer. If the credit is restricted to the proper commodities, under proper management, it will gradually throw off its abuses and will stand forth as one of the...
The mine owners were not unsympathetic, but pointed out that, as their industry is to a great extent run on borrowed capital and therefore has high interest charges to meet, they cannot afford to increase the level of wages, despite the fact that the total sum involved for the entire...
The miners retort that lignite delivered in Berlin for $5.20 a ton retails for $9 a ton, which they claimed is too great a profit for the middleman. They therefore suggested that their claims could be met from this source without raising the price to the consumer. But the middlemen...