Word: retail
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Dates: during 1930-1939
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Staistical information and indices of the effects of the depression will be included in the report. For purposes of analysis, students will treat separately manufacturing, industries, commerce, retail trade, mining, agriculture, forestry, public utilities and finance. The local tax-burden and financial position and policies of the local government, the general psychology of the community, and any evidences of social unrest, will also be considered. Analysis of depression measures will be undertaken...
Many a citizen of Illinois rummaged through pockets, purses and pigeon holes last week in search of receipts for all their retail purchases since April 1. The Illinois Supreme Court had declared the State's 3% sales tax unconstitutional and retailers were to refund to their customers nearly $5,000,000 on documentary proof of tax-paid purchases...
Last week the Governor of New York squiggled "Herbert H. Lehman'' at the bottom of a bill taxing retailers within his State 1% on all sales. Effective May 1, the tax will apply to everything people buy except food, motor fuels, public utility services. Strictly a child of Depression, it will be operative 14 months, put $30,000,000 new revenue in the depleted State Treasury. Since the economic crisis, four other states have adopted retail sales taxes. Depression children also, they appear to be thriving...
Effective April 1, Illinois passed a 3? tax on all retail goods sold except gasoline and farm products sold directly to the consumer. If you buy $1 worth of food in an Illinois restaurant; a little item at the bottom of your check requires another 3?. Proceeds go to dependent unemployment relief...
There was a time when Henry Ford was apparently intent on doing every kind of business incidental to the manufacture of automobiles. He provided himself with his own steel mills, his own glass works, his own credit corporation for financing retail sales, even his own railroad (the Detroit, Toledo and Ironton)-all the elements of a great vertical combination, except that for the most part they were, not combined, but erected. More recently he has apparently reversed his intent. As early as 1929 he disposed of his railroad. Last week he was actively dickering for the sale of his retail...