Word: consumerization
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The business situation this Fall has not lived up to the expectations entertained for it earlier in the year. Wholesale demand, except for building materials, has slackened significantly, and merchants are finding again that the consumer vigorously resists retail prices continuously jacked up.
But this lightly sarcastic communication may be characterized as a bit hasty. The settlement effected by Governor Pinchot was admittedly a necessary expedient. Inactive mines were being flooded; stores of winter coal were disappearing in early autumn; unemployed miners and their families were starving. Upon one side was the consumer...
. . ."The remaining 50¢ per ton should not in the end be taken from the consumer. The whole of it can easily and properly be taken out of the cost of transportation and distribution."
In its fact finding capacity, the Commission did not confine itself merely to gathering statistics, but also drew general conclusions. The more important points of the report follow: ¶Existing property rights in anthracite mines should not be abolished either by Government purchase or by expropriation. ¶The Government should...
It is doubtful whether Monday morning coffee without sugar will prove attractive for more than one week. But, whatever may be the success of Mayor Hylan's scheme, his proclamation is very significant in one respect. It marks an appeal to the consumers rather than to the government. Twenty years...