Word: consumerized
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The industrial committee headed by Mr. Gerard Swope has broken into revolt at last. They announce that they are amenable to government partnership in business, but beg to register a vote in favour of what they call industrial self government. In other words, now that the machinery of regimentation is...
¶ The Retail Code which President Roosevelt signed last week differed in two major respects from the one which General Johnson had brought to his desk. Replacing the section which forbade sales at less than manufacturers' net invoice cost plus 10% (the section opposed by President Percy Straus of...
Straus on "Fixing." At the Washington hearings, Mr. Percy first asked why the retailers did not submit a simple code which could be put through quickly and which would accomplish precisely what President Roosevelt wanted-raise wages, shorten hours, increase employment. Next he demanded some assurance that there would be...
Consumers to Arms-The price-fixing squabble grew so noisy that the din passed beyond conference-room walls. Percy Straus's sidelong argument that retail selling should be a balanced function which, when efficiently performed, passes along price benefits to the consumer, reached the ears of Mrs. Mary Harriman...
Thus it appeared that the retail and drug codes would go to President Roosevelt with the price-fixing sections intact, but Washington believed that he would await the findings of A. A. A.'s Peek on the Food Code before he made them the law of the land. Meanwhile...