In Transit Volume 18

In Transit Volume 18

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910 edition. Excerpt: ...cent in excess of the advance made by wholesalers, but I don't think he understood those figures. The 38 per cent advance made by the retailers was 38 per cent of the advance made by the wholesalers, and not 38 per cent of the price of the articles. For instance, if the wholesale price had advanced 5 per cent, and then the retailer had added 40 per cent to that 5 per cent, the advance in the price of the article would not be 45 per cent, but 7, for 45 per cent of 5 is 2, and the 38 measured the increase of the retailer's price above the percentage of the advance in the wholsale price, as I read the article. "I don't think the question as to what had caused the advance in the price of commodities Is important here. I gathered from reading these two magazines or pamphlets that the consensus, the net result of all the opinions expressed, was that nobody knew what had caused the advance, whether the farmer was to be blamed for It, whether the trusts are to be blamed for it, whether the Spanish war is to some extent responsible for it, as indicated in the legislative report, or what caused it. It seems to me it does not matter here. The question here is whether there has been an advance in the cost of living, and if so what the advance has been. And I think the cause of the men is killed by this report, and by facts contained in the Cosmopolitan article, and I disregard all the fanciful speculations that are In those two pamphlets, and quote to you a single act or two about which there seems to be no dispute. "It seems that Bradstreet's has made a compilation of prices In a number of years by a system of price index numbers which I will explain In a moment. The legislative committee says of Bradstreet's that it is a high commercial...
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Product details

  • Paperback | 394 pages
  • 189 x 246 x 21mm | 703g
  • United States
  • English
  • black & white illustrations
  • 1236763815
  • 9781236763815