Word: price
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Dates: during 1920-1929
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...peasant farmer is growing less grain than he can, because: 1) he cannot buy anything with the money he gets from his grain, and 2) the Government is levying heavy grain taxes upon him by forcing him to sell most of his crop at a low Government-fixed price (to keep the price of bread within the means of urban workers and to net the Government a profit on its exports). The fact that there is more grain planted this year is due not to peasant efforts but to State farms and co-operatives inaugurated by the Government to combat...
...explains with a wink: "The peasant's cottage soon grows sick and draughty. Then comes a fire-is it an accident? The peasant gets a fine new home from the Government." A cogent scratch of the nose and then a conclusion: "They take taxes and fix a low-price for grain, but little Uncle Fire is free from their control...
...best merchandising idea of Edward Albert Filene was probably the Bargain Basement, which, first known as Filene's Folly, has since been widely copied. Basement merchandise was sold on the plan of reducing the price for every week that the goods remained unpurchased. Thus a dress might have a first price of $25, and, if not sold at this figure, go down to $22, to $20. to $18 until someone finally bought it. Many a thrifty Boston housewife, eyeing some Basement article, would stand torn with indecision, balancing her chance of waiting another week and getting a lower price...
Last week it appeared that the B. & O. had waited too long, that another railroad had stepped in to make the Canton dream come true. For Canton was sold (price, $13,000,000) to American Exchange Securities Corp., investment affiliate of Manhattan's Irving Trust Co. Obviously the bankers were acting as agents, but for whom they would not state. After many questions, denials and guesses, however, it was stated, unofficially but definitely, that the purchaser was not Baltimore & Ohio but Pennsylvania R. R. Whether the Pennsylvania would keep Canton for itself or sell it to the friendly Wabash...
Latest arrival in popular priced eight cylinder cars was last week announced by Studebaker Corp., which will make a Dictator Eight in addition to its Dictator Six. It will be a companion car to the company's President and Commander Eights. Price range (six models) is from $1185 to $1435. Said Studebaker's President Erskine: "Motor world today wants eights. . . . In 1928 only 10% of passenger car engines were eights . . . today...