This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 Excerpt: ...have to come down. My friend forgot that manufacturers could sell their product abroad at high prices; that the war-stricken world was short on everything and looked to America to supply, for the present, the needs of the people, idle in manufacturing pursuits during the war or engaged in war essentials. One trouble ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 Excerpt: ...have to come down. My friend forgot that manufacturers could sell their product abroad at high prices; that the war-stricken world was short on everything and looked to America to supply, for the present, the needs of the people, idle in manufacturing pursuits during the war or engaged in war essentials. One trouble unquestionably is the expansion of our export trade. We are draining our own products, raw and manufacturing, and creating a shortage at home. Another widespread cause of abnormal prices, is profiteering of the retailer. True he is beset with high rents, high cost of labor, and taxes. These obligations which he has to face, inspire him with an orgy of seeking larger and larger gains for his products. He is affected by the spirit of high cost that pervades the land, and adds on profit regardless of former competitive considerations. He knows he can get what he charges and he stops at no defined percentage of profit. Money is abundant and is flying around the circle with a rapidity unknown in America. The Government is forced to take a large percentage of income from the very people to whom it pays back interest on Liberty bonds, and down goes the Liberty bond. What is the solution of maintaining the Liberty bonds face value? Relief from taxation, or retirement. It is obvious that the nation needs a Readjustment Commission of our greatest economists to plan and carry out a program that will stabilize our values and our currency, regulate our exports and take under advisement methods to restore the normal laws or supply and demand particularly in essential commodities, with relation to conservation, distribution and stimulation. War has revealed that there are men of the first calibre who will subordinate their personal ambitions to public good and...
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Add this copy of The Forum, Volume 64... to cart. $68.04, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2012 by Nabu Press.
