Jasper County Democrat, Volume 23, Number 68, Rensselaer, Jasper County, 20 November 1920 — Page 5 Advertisements Column 1 [ADVERTISEMENT]
Edison Was Right Again
The prices of Edison Phonographs have increased less than 15% since 1914, and a substantial part of this increase is the 5% tax, which the Edison Laboratories pay to the Government. The Edison Phonograph of today is a better phonograph and a better value than the Edison Phonograph of 1914. On the other hand, the dollar of today is worth, in purchasing power, only a little more than half as much as the dollar of 1914. Therefore, if you buy an Edison Phonograph at this time, you are virtually buying a before-the-war value, with an after-the-war dollar. Why was it that Edison did hot increase his prices and how did he avoid the necessity of doing so? Any commercial agency and practically any investment banker can ascertain for you that the Edison Phonograph Laboratories were doing business, in 1914, on a narrower margin of profit than was true of any of the other established phonograph, or talking machine, manufacturers. How, then, did Edison manage to avoid an increase in his selling prices? The story is dramatically interesting. The following is only the essence of it: When the United States of America entered the Great War, Mr. Edison dropped all his work at the Edison Lebora\tories and enlisted in the army of American men of science, who pitted themselves so successfully against the world-famed German scientists. Cardinal Mercier, on his recent visit to America*, credited Mr. Edison with a large share in winning the war for the Allies. The New York American of September sth describes, at length, some of the inventions, which Mr. Edison developed and placed at the disposal of the Government. In this article, the New York American states that Mr. Edison appears to have been the moving spirit of the Naval Consulting Board of the United States. When Mr. Edison gave up his own business for the business of the Nation, a very critical siuation existed in his Manufacturing Laboratories, due to their inability to obtain various materials, and the necessity of finding satisfactory substitutes for such materials. If there was ever a time in Mr. Edison’s career, when his personal attention to his business was required, it was when he went to war. Thomas A. Edison had reason to believe that he was risking enormous losses, by deserting his business, at the particular time in question, but he did not hesitate, and his example had a remarkable influence on the men and women,
Large size new Peerless Victrola, regular price $220, will be sold at community sale, Saturday, Nov. 20. —Advt.
SATURDAY IN OUR Cash and Carry Grocery Department Pure Granulated Sugar, with grocery order, per lb.. . 12c When bought alone, per lb. 13c 10 oz. package Figs.. 19c Dromedery Dates, per package 23c No. 3 can best grade Pumpkin 14c English Walnuts, per lb 33c • Golden Age Macaroni, 3 for .25c * Blue Rose Rice, per lb .... .1 12c | Four Roses Sweet Potatoes, large can 24c I Cranberries, per lb 16c ■ —
