Jasper County Democrat, Volume 23, Number 36, Rensselaer, Jasper County, 31 July 1920 — IS THIS PROFITEERING? [ARTICLE]

IS THIS PROFITEERING?

A reader of The Democrat requests us to publish a little instance of local profiteering. A farmer brought in 96 pounds of Ye»low Transparent apples to a Rensselaer store this week and received 3c per/pound, or $2.88 for the two bushels. The merchant retailed the apples to his customers at 15c per pound, e a total of $14.40, making a net profit on the two bushels of $11.52. And yet there are some people who blame the Democratic administration for the high cost of living. This farmer, our informant said, stated that he had a lot of these apples, but he could not afford to take the time to gather and bring them to town and then only get 3c per pound for them. He did not have time to peddle them out around town, and would therefore feed the balance of them to his hogs.