Word: coding
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
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 NRA rushed to nearly every U. S. industry and to all magazines and newspapers, sample advertising copy to start its consumer campaign with the slogan: NOW IS THE TIME...
Publication of the code brought a new shower of protests. The mail order houses abruptly reversed their position when they discovered that NRA economists had changed "invoice price" to "wholesale price." That would mean that Sears, Roebuck or Montgomery, Ward would not get the full benefit of their huge-scale buying. When "invoice price" was reinstated and the rest of the section simplified, they fell back into rank-but grumbling that the whole thing was unworkable...
...Though it was estimated that September dollar sales were 8% to 10% above a year ago, the rise was more than accounted for by increased prices-proof that the volume of trade was off. Merchants talked nervously of a Buyers' Strike. Consumers feared that retailers would use the code as an excuse for general price-upping, particularly in communities where competition was slack. The NRA had been used as an excuse before. In July the price of cotton sheets was 85? wholesale, 99? retail. By September though the wholesale price was still 85?, the retail price was $1.23. Excuse...
...With President Roosevelt impatient to get his last major code out of the way, General Johnson gave his off-hand opinion of Article VIII: "Economists say this invoice cost plus 10% is pyramiding, but I can't see that. We want to stop widespread price-cutting. There isn't a business that can make a retail turnover on less than 10%. There are some esoteric arguments made against the plan, but I can't see them...
...Great Atlantic & Pacific Tea Co. testified in the Food Code hearing that the temporary blanket code had forced them to add 12,000 employes, the yearly payroll by $10,000,000. . . Woolworth last week was reported it was beginning to hire smarter, wage-worthy salesgirls who would actually sell, not simply make change, wrap packages...