Hammond Times, Volume 15, Number 17, Hammond, Lake County, 8 July 1920 — Page 6
Pnprc Six
THE TIMES Thnrsdav. Julv 8. 1920.
THE TIMES NEWSPAPERS BY THE LAKE COUNTv r-SlriTINCi a. PUBLI8HIN3
COMPANY
fbm I-". Co vim Tunas Liiy except St utAaT J unay turcje. at t. HjsioIuc. lu tiaiuioi. Juo -a, 1VS. Xh Tla.es st Chlo-o-Indlena Harboi. daiy except auaday Kmeretf at tb poetnrnce la -t Chicago. - uiDer 1J. The County Times Saturd-r and Weekly -anion. -.nterel at tn .HxitofCce :n MaaimonJ. Kebru-ry . lThe wary Evening Times except bJ- .,.' tne Po'tofOc in Oary. April 18, 191. AU under taa ct of in.ii . - second-claas matt-.
rOUUtM -JUVE-tT-SUiO Ojr.'XCJk O. LOGAN rAi.Nt, or CHICAOO.
4iuluju (private ncbtoft) S100, JlCi. J"J , (Call tor atet-r department viaJtieO.) , lary Of flea Uu-phort 1 Nassau i Tbomp-on. tut Colcago lnopnun s3 l--t Chicago (TiLX Timjc.) Teley-oDe -a malaria nrbor i.ta Uoaler) l'ei-i:"" Indian Harbor (Reporter audCUss. Adv.) ...Telephone nLtUDf i'eleptiou- bu-M Crown Point " .eiepuoue it you - any'mTuble eftlnTH Tines mmci cumlelm uncaeciately to the Circulation lVpruiwuL HOIIC- TO SVTBSCIBB. If you fall to receive your copy ot ihi tims as pro-npi-fT as you have la the paat, pleasa do not think It ha bei loet or wm not sent cn tln-e. Remember mat the mail errW Is not what It used to be and that complaints are aece.-al frorc manr eocrce about the train nd roan "- nee. Th Tis has Increase. !e making equtrm"nl J I striving earnestly to reacli 1 patroue no Mine. m frompi In adviaiug us b.u -o a. 4o vi y-ar yr um ere vlU act fruinptly.
and are sold at a loss. You exclaim with horror if you hear that a merchant has charged or au article three times what he paid for it. But when you pay fitteen cents fcr a quart of milk, you pay three time- wht the farmer got for that. milk. And milk is sold every day, a. soou as it is received. The merchant must buy in the early spring for sale the following Christmas. And he must buy at Christmas time for sale in the spring. All the cost of buying, the interest on money and all other ccsts, of cour&t, Ml'ST be added to the price of merchandise.
as the old brew.
Dangerous Powers of Blackmail and the Public Misinformed. Copyright. 1920. by Star Cerrp-ny
In various cities the department of justice, acting under the Lever Act, and doubtless with tha best of intentions and integrity so far as HEADS of the departmentare concered, has been arresting merchants on charges of profiteering and holding them under bail. It is important that the public should understand what this means. Ycu read an announcement, made with a great blast of trumpets, that such and such a merchant "has been caught making a profit of one, two or three hundred per cent." EVERY merchant of any consequence makes such profits on certain lines of goods, and loses money or makes nothing cn ether lines of good3. Conducting a big mercantile enterprise is complicated, not easily controlled, but very easily jeopardized by legislation half thought out, or the acts of officials based on whim, or other motives. As a general rule, large pre fits are made on luxuries; that is to say, on things net absolutely necessary. The feeling is that those who buy such things can afford, to pay tt prcfit. Small profit or no profit is made cn necessities. For years before the war practically every store cf any consequence sold sugar, for instance, not merely without profit, but at a loss. One big Etore in Paris always sold gloves at cost or less, thus attracting the woman who came to buy l'2eg!oves to stay and buy other things that DID pay & profit.
Each merchant figures out for himself as well as he can what charge will best suit his business, considering the customers with whom he deals One will make little or no profit on a line of goods upen which another Vill feel justified in making a big profit, and vice versa. Successful merchants, on an average, charge promts that at the end of a year are not very far apart for the total. And the difference in profit is often not by any means due to the fact that me man charges more than another for a certain article, but to he fact that one man shows greaer genius in buying. The merchant who is a very good buyer, and who gets for his customers, by quick action or foresight, bargains that another cannot get, feels. FROPRELY,
that he is entitled to additional profit. j For instance, there was a great flood at Dayton, ; Ohio. Men went through the streets in rowboats. One of the first men to appear in a boat was A. L. Ellinger, of Chicago, one of the ablest business men in the United States, now unfortunately, dead. This
man, who literally worked himseir to deatn in Hit INTEREST OF HIS CUSTOMERS, as soon as he heard of the Dayton f.ood went there on a special train, jumped into a boat and went through the streets buying Jrom the owners of local stores their goods lying on the counters BELOW THE WATER. His keen intelligence tcld him what goods he could safely buy. goods in bolts so tightly wrapped that water could injure only slightly, galvanized wear, etc. He bought everything he could, sold the goods to his public far below the original ccst yet made a big profit for himself. HE WAS ENTITLED TO IT. It might have been shown that he sold some of those goods at a profit of 100 per cent, and at the same time gave his customers extraordinary bargains. Under the Lever Act now he could be put in jail for that display of enterprise.
'OTUI.G would be gained therefore by E.Vt Ol BAGIXG the production of ANYTHING In the way of near-food. OIK observation has been that the DAME who had to advertise IN order to get a husband never held
him very Inns. ANY man w ho can live up to his WIFE'S expectations need not WORHY about his chances of getting Into heaven. LATEST grounds for divorce at our house THREE Imprints of strawberry t hortcake O.V clean tnble cloth and wife's refusing Y
REGARD as rertinent or admissible' DEFENDANTS counter claim that it'
is Just aa Mt Til his tablecloth aa It Is plaintiffs.
IT doesn't do much good for the (iOR.UC N T to tell us not to speculate AS everybody thinks, for awhile THAT what he's doing Is Inv.ting. SO)lKBt)HV whose innocence Is amazing INQ11RES what congressional pork is IT is where a ten cent clapboard town f.KTS a $200. C'OO marble postoffioe Too many of our allegf-d Christians IMAGINE that a man HAS r.o business enjoying himself INSTEAD of being miserable. THE rtetchbors little boy who believes in taking THINGS as they come and being
It is Impossible to say justly that a man who charged $10 for a certain article would be a profiteer and another man an honest merchant if he sold the tame article for $7. It depends on the "overhead expense" and the trverhead" deffends not merely on rent or on salaries, but on what is actually cost to do one dollar's worth of business. You might say, hastily, that, of course, a man paying a very big rent on a very expensive street must charge more for his goods to pay hfs rent. The aseumptlon is false. If his better location enables him to sell three times aa many dollars' worth of goods per square foot of store space, he may be able to charge one-half the profit charged by a stcre in a poor neighborhood and yet make more at the end of the year than the poor neighborhood store. Every merchant is compelled to arrange his socalled "profits." That is to say, the amr.unt that he adds to his retail prices over and above his wholesale purchase prices, according to the KIND of business he does, the greater character cf his CUSTOMERS, his location and many other things. What a man adds to the prices does not mean, or cc;rse, his profit. Every big merchant charges for certain articles a hundred per cent more than what he paid for them. But no merchant makes a profit of 100 per cent or 50 per cent or even 20 per cent on the total business that he does. If a very big store does a business of thirty millions a year, that is to say, if the total amount cf money taken in. from the public amounts to thirty millions a year, the store could consider itself well off If It had a profit of 10 rer cent of the gross, or three mlllicns, at the year's end. And very few do as well as that.
The trouble with the Lever Act is that it undertakes to deal with merchandise as the government dealt, with the sale of wheat, fixing the price absolutely. That price-fixing was unjust to farmers In many regions. Such a system would be absolutely destructive of general business. A way MAY be found, and if possible should be found, to prevent profiteering. The problem cannot be solved by saying, "You shall add only so much per cent to the cost of goods This would kill enterprise, close many stores, increase retail prices everywhere and stop absolutely all dealings in certain lines. A bad feature of the present law is the danger of blackmail. There is probably in the United States not a merchant of any consequence that does not habitually sell certain articles for 100 per cent'or more above the prices at which he purchased them, while selling ethers for a trifling profit or none. Practically every merchant, therefore, is constantly ope nto a charge of profiteering and open to blackmail if anybody chooses to practice it. This is written for the information of the public, which should do its shopping intelligently, read the different advertisements, test fcr itself the prices, remembering that a man who buys tens of millions in
I EXPENSIVE goods can sell them more cheaply than
another who buys but few expensive goods, and a man who buys and sells tens of millions of INEXPENSIVE goods can tell those more cheaply than they can be sold by the man whose principal dealing ig in goods high priced. .The important thing is that people of small means, housewives, mothers with children, should acquaint themselves with VALUES, study advertisements in which merchants compete with each other and go to the stores and study values there.
When you buy goods at a big modern store, you ar, of -course, not merely paying for the goods delivered to you. You pay for the rent, for the high insurance rates, for the taxes, fcr a sufficient profit after income tax is deducted, the salaries of clerks. the losses on goods that lose their freshnes or timeliness
To say that a man who sells candy on Fifth avenue for $2 a pound, the ingredients costing not as much as forty cents, is profiteering may not be accurate. The greatest jewelry shop in the world may sell diamonds at a price that some small store cculd not possibly match, not having the buyirffe facilities. If the store charged you more than the great store for the same diamond, it would not necessarily be guilty of profiteering. Commerce that has grown up along a thousand paths through thousands of years cannot be covered as regards extortion or profiteering by a law such as the Lever Act, hastily concocted for certain purposes in war and now out cf date. CAVEAT EMPTOR, "Let the buyer- beware." must, with due punishment for misrepresentation frau
dulent weight' and measure, etc., continue to be the rule in mixed commercial transactions.
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automobile
AFTER a man gets the
bug HE wonders why Noah ever bothered ABOUT putting horses In the ark. A poor man may thir.k he has a lot of troubles . DVT he doesn't have to run around AFTER people to collect Interest on loans. OYE thing we like especiajly
ABOUT women in Industry least
at
THIS Industry Is that it is so MICH fun to watch her try to keep
HER mind on her work and not SAY a -word to anybody. FRIEND tells of his little son seeing a flock of sheep FOR the first time and asking In a PAINED and surprised manner WHY" where are all their wheels?" IT may not have occurred to you
BEAU OIL
For Your Hair
'm mtmer aaw a b(ld Indian,
nmy don't o prfum lotion, or ma thc-y os- bear oil. with
ether poutnt iusriien? from
thm fieio. moors ana lorw ot hntnr. A rHtable fartnula ! KOTALKO. Iodiarui riix r fvr titir ad nlp. A3ton h re ten in oTr.-onfnar TiASH L'f f. toppiac FA L 1SG iiAT: Jnotacinff CHOKTH many c-wa wfem t t 1. lnvesti-rata. ff 0. trnyrfvnd 0 artMt-M. F or mrvn, wonur, Liir!in 1?m tn.a svivert!-
rnt. BHow thra. fotiuciy wcmderf-i-. KATALKO ta r-T2 rtw; or pe.i Id wati (stlw or a amp) for proof box ana aparanWa. to jrhn Bart CrI CCo. T. ricwVor
M11
YOUR GETTING OLD Has thia been remarked to you on account of premature grayhair, or do you keep yourself
looking young t You can easily do witj, VAN'S MEXICAN R HAIR COLOR RESTORO This meritorious preparation restores tbe gray hairs to their original color. You will he highly pleased with the result, if not your money returned. At a- dealers SI (X) per bottle. The Kellg Company f NEWCURCM. N. Y. DTiVTOe
BIT the best way for you to help solve THE great Issues of the day IS to stick to your job. A twelve year old boy's Idea of a mollycoddle IS another boy who takes a towel along AITIf him when he goes swimming. MR Pcmpsey. we take It. Is a very popular CHAMPION with one small boy we know AS tre Judge from all the pictures of him we SEE he wears no ur.der-.-ear WHATEVER during the warm season. NEAR beer Is sold at the same price
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ButUt Bh-d. If -. ka tv I t; 1 CWo,v i I JLt C J "I I CWA-TTES
EXCLUSIVE PROCESS
. UNION MAOC .- Patiprtnn Rrn Tnh.fM Pn Tr
I VII VIW IWM WV. I
Jl RICHMOND VIRGINIA
I Nrf IF YOUR DEALER DOES HOT
rfc-tt uiiynl r Turn w.itb k .
w I
WATCH THE BIG 4
Cl:Ir!3KI4rr t Elimlnatstlis Poisons 1
M
The chief indications in the 5
HAPPY over whate'er betides j IS now trumpeting it around the j .neighborhood j
THAT they have caught a rat AT thir house with just as much delight as
HE announced the presence of rats
In
THEIR domicile in the f.ret place.
Try a "Times Want Ad"
Painful
Sensations
Stomach -Kidn ey 3-Hr-art - Liver Keep the vital organs healthy by regularly taking the world's standard remedy fcr kidney, liver, bladder and uric acid troubles GOLD MEDAL
-
a u
Br
treatment of RfifcUMATISM 5
etc. are to neutralize the toxins 2 ' and destror the specific poisons U
circulating in tne Doay. p
in the muscles, "neuralgia', soreness, aching back, pimples, boils, rashes and other eruptions, usually result from self -poisoning by products of imperfectly digested or non-eliminated food.
f, - . r - - . .... . m
j rapidly eLminates the poisons, thereby relieving ail symptoms and preventing their return. No 2
w overlAaciinar vrv.ir -irn- uttK
The National F.emed- of Holland for cartturies and endorsed by Queen Wilhelmina. At all druggists, three sizes. Lmmk tW t. nmm G4- Mxll oa m-rmrj boa mad accept b ii it-Uoa
J -"5 -V-""" 5 drugs. Half a teaspoonful of 2 Albert's Rheum-tic Remedy U once or twice a day is sufficient. S Pnce 1.00. '
ti The KELLS COMPANY 5
Newburgh, N. Y. 5
18
& rail 8 S
help to restore activity of liver, bowels, kidneys, and skin, and so counteract cause and relieve symp
toms. L-r-est Seta of Any Ms-tcin in tbs Worlooli ertrrwif. 1 box, IOc 25c
EVERYONE can have abuadsace j of Thick. Re.t.tift.1. f.U.. H.l. !
7 Sutherland Sister Hair Grower Grew this Hair
X J!&5t Ml
Mary Sutherland SCALP CLEANER, the Great Dmdraff Ketnedy. It removes the dandruff g-erm. t or Shanipooin., it has no equal.
!f on Valor Your Hair and Its Beauty Try SKV KN sfl HEHU.ND SISTERS Cmce Why got UOW? For Ssle by all Drueista and Dept. Store Seven Sutherland Sisters 242 BRAEBTRST AVE., It. Y. CITY
Don't throw youj pa pet tvif without readins the want ad paje.
r
amej Uldlrieia
I have approved an arrangement for the local sale of Oldfield TireSe This arrangement is with LANGFORD TIRE & SUPPLY 754 Hohman St- Phone 3020 HAMMOND, INDIANA
I have chosen this application from many, Because I wanted to place Oldfield Tires with the best Tire Merchant in this whole territory For Oldfield Tires are, with me, a personal matter. I designed them, perfected them, and proved them in 20 years of racing and touring. They bear my name. I stand behind every one of them Now it's perfectly plain that the best representation for me is the best source of supply for you. We both need a high grade tire merchant my company to sell to, you to buy from. These 6peed-tested tires will win for you as they won on the Speedways at Indianapolis and Uniontown. Drop in at this store and talk tires.
You know me,
' President The Oldfield Tire Co.
