The Seattle Star Newspaper, May 21, 1920, Page 13

eSeattle Star (-22) ay ees 1% | Wanamaker Says:-- NEW ERA Factories Can Help NOW DUE Bring Prices Down BY JOHN WANAMAKER HE SA S “The Last of the Merchant Princes, and the Man/ who Started the Price. Y Reduction Wave. PHILADELPHIA, May 21.—It is|the benefits of good times, should} Only fair to say to the people that help in satisfying the people that) We Are Moving Into Period the aurora borealis of lower prices|they are disposed to share with| has not yet appeared, but there are| them the high cost of living, and of Generally Lower Signs in the brightening of the skies | this can be dane only by lessening ih perhaps a hundred or more places. | prices Levels--Palmer A very interesting thing is that| Speculation has been at the root some of the stores that at first scout: | of the present troubles but not spec: | BY @a the idea, and in the beginning | ulation by the distributors. It has! WASHIN threw broken china and empty tin} been among the owners of the bags |), “4 @ans in the way of this movement, | of wool, the bales of cotton and the)” Rave now got over their sourness | bundles of hides, Prices are in Bnd have opened up all of their pre: | creased again and again before the | tie, of general use, has been turned pte jman, who awns a loom, begins tl and that from now on we will move | ERS ALE OVER LAND weave, before the shoemaker everliit, an era of generally lower! OF THE MOVEMENT touches the leather with his knife, | oe. ievels,” Atty Palmer > T Northern, eastern, western and) The distributors have had to Pay | cared today in discussing the action outhern papers are full of advertis. ‘Re Meh prices to get the Koods| of nie department stores in many Mpg of clothing merchants, furniture | ‘MeY require for their customers and | cities in slashing retail prices from ‘Merchants, dry goods merchants, and ‘ey have had nr affix prices to af) 59 to 50 per cent @eneral merchants of almost every | ford them e pro ” This firet general step toward description, who are co-operating | HIGH PRICES CAUSE price reductions, Palmer said, marks with this movement and taking 20 | “VIC 10US CIRCLE” Ja victory for the consuming public. per cent off their prices as long as| High prices cause a curtailment of | i¢ is due, first and foremost, he be they can afford it. |consumption which in turn means] ijeves, to the determination finally Patriotic manufacturers are com-|that the manufacturer cannot pro-| reached by the people to stop buying Ing forward to help because they tell | duce his normal output with the ex-lat the high level of re Us they can establish better relations | pectation of selling it at these high yt wear their old clothes, use thelr | With labor now since there is hope | prices. Thus the vicious circle t/ oi4 ¢urniture and otherwine get along of an end to high prices. This means | joined somehow until prices drop back to that they can obtain an increased| In an effort to make the first real 4 sane level | Prodaction and can offer more goods | break, the Wanamaker stores have ated . at lesser prices with cash transac-|taken a step unprecedented in the | BELIEVES “OVERALL | ‘tions. | nistory of merchandising. | CLUBS’ PED | ‘This is an opportune time, indeed, | We have started a movement that Incidentally, as to clothing, Palmer for any man who has influence ta/has had a serious effect thruout the | believes the “Overall Club” move Hoosen the screws that have wound | country and we accept that respon: | ment helped directly; nat #o much ARRY B. iT ‘TON, May 21.--"I firm believe the ‘peak of high prices, | particularly in clothing, shoes, fur nishings and manufactured commod! nt prices and Mp the machinery of distribution, | sibility, too. |tho thru the extent to which the And manufacture to the high point} What we did and what we are do- | puniic joined thene clubs, as by stiff of the present hour ing is open to every merchant in this |ening the backbone of the ordinary ‘The manufacturers, having hadior any other city }man to wear his old clothes, even if shiny and shabby, rather than dig up two prices for an inferior new suit ‘The action of the Wanamaker and other big department stores in the eo e ave Bast in announcing @ flat cut of 20/ p per cent in most lines, Palmer waid, | followed negotiations by the fair) e price agefts of the department of robiem | =< | “But it was not the arguments of | this department that convinced the Stomach muscles and digestive organs managers of these stores and led to the price reductipna,”” he said. “It was the fact that the people had stopped Buying at the prices de manded. Empty aisies and idle clerks were the arguments that turned the trick. | DEALERS REALIZED | PUBLIC HAD REVOLTED “Dealers realized that the public had revolted, and that if they were | going to move their merchandine they would have to get their prices | down somewhere near a reasanable | level. “Already the 20 per cent reduction | made by the Wanamaker and the other stores initiating the cut-price | movement is being exceeded by many | firms in many cities. In Philadel phia and New York, for tnstance, | many stores, not wishing to appear ly copying Wanamaker’s, are ing cuts of from 30 to 35 per cent in many lines. “I have been hammered so much for forecasting an early downwant | turn in prices, that I hesitate now to say definitely, that I believe that turn has come. But I do believe it “REPORTS SHOW MOVEMENT GENERAL” “Reports coming into the depart ment indicate that the movement is general and that the public, having | demonstrated to itself that it has the power to control prices by simply re fusing to pay exorbitant figures, by forcing dealers to sell their goods at | fair prices, if they are going to sell at all, is from now on going to refuse to stand and deliver any old price that may be demanded | | | if i 1 Q 8 ? 3 = “The situation with respect to food- tuffs, however, is somewhat differ- ent. People cannot stop eating like! they can stop buying new clothes. They can wear last year’s suit, but they can't eat again last year’s din- ners. | “I believe, however, that the re-| | duction in the price of manufactured | commodities will inevitably be fol-}| lowed by a downward trend in the cost of food: The big results there, however, are yet to come. Ample | production and the regulation of dix tribution and fair price margins will be the chief aids in lowering food costs.” Unfavorable credit conditions and & growing timidity on the part of re tall dealers generally, Basil M. Manly, newspaper correspondent, economic expert and former joint chairman of the war labor board, believes to be chiefly responsible for the present slashing of clothing prices. While lower prices may remain in lines of clothing and manufactured articles | Is not acquired by chance. It 1s gained only by constant appli- cation to work and through untiring study Financial Independence +4 | of general use, he believes the line of Z © ZB prices will continue higher on foods, 74) fuels and renta, 1Z does not come through luck. ee i= . 7 2] Police Search for It is obtained by the regular saving & Wandering Boys 3 mou! y . Spring fever is still extracting its \ of small ai nts and the wee mvewt Ny toll, according to the growing po- ment of your accumulated savings. CS] lice list of missing children, The SJ] police have been asked to locate ©} Murray Bewley, 14, of Spokane, : Resources Now Over Yl wno iett that ety May 12, to soe pooh the world. Four Million Dollars ZY "Sack Radey, 12, son ot John Ta- Ss dey, 6031 45th ave. 8. W., left home} ° ©. 4, last Monday on his bicycle for aj} ‘ ) et Sound! Savin Ss <= {| summer tour of the Nomhwest. The g SS] father wants the police to find him. OST TROUSERS FINALLY FOUND TOLEDO, O., May 21.—While the lation of a Pullman car lay in bed and cussed, grinning porters inaugurated a general search for a score or more pairs of trousers, missing when the train pulled into the yards here The garments were finally lo S cated under a freight car, with the pockets carefully turned uside ae “ mame out, & Loan | Mssociation Where Pike Street Crosses Third The Largest Mutual Savings & Loan Assoetation in the State of Washington. NZ ul 7 eri ALMER DECLARES PRICE DROP WILL CONTINUE art at, at 10 SEATTLE, WASH., FRIDAY, MAY 21, 1920. GUNMEN DUEL [This in Tacoma:|HE CHOPS DOWNISLEUTH KILLED 'HUGE LIQUOR WITH OFFICERS|£2¢y in Monacle'nngp GETS GEMS| IN MINE FEUD) RING BROKEN — —._ |Smokes a Cigar — ~iaes i Rg RS Shot Rips Hole Thru Police- TACOMA, May 21.—-Oneot Ta. |Burglar Makes Escape With| Troopers Search Virginia|Million-Dollar Booze Traffic coma’s 96,965 inhabitants in . man‘s Cap woman who waa seen on Pacific $1,000 Jewelry Hills for Slayer Is Uncovered ave, and 13th xt, yesterday ‘Two \kunmen who engaged in a! wearing a monocle and smoking Approximately $1,000 worth of| MATE WAN, May 21.—State| CHICAGO, May 21.-Federal am revolver battle with Police Sergeant| a cigar. jewdiry was stolen late Thursday troopers today were searching the! thorities today believed they had Perey F. Looker and Patrolman 1. Another is a wife who phoned night from the residence of J. H. | mountains near here for the persons cleaned up a $1,000,000 underground 1. Norton at Minor ave. and Stew. the police to come ahd get her Falkner, 507 20th ave. &, during|who yesterday wounded Bud McCoy, | liquor traffic in the arrest here of lock Thursday hustand’s goat, Husband, she the absence of the family, En-| believed to be a Baldwin-Felts detec-| seven alleged violators. night, shooting a hole thru Nor-| said, had picketed the animal |trance was gained by smashing a/tive, and a companion. The two| Forged permits for the sale of ton's cap, were still at large to-| on the front lawn basement window and chopping | men were shot from ambush | whisky were used, federal officials Nn | tat te ler | claimed. y tM day |the Manhattan aparitnents, Boren |@0wn @ door at the top of the| State guards had Matewan under | claim Large stores of liquor basement stairs. control today, following the killing of here were expected to be discovered. Ncemen, before the latter had &! Neighborhood renidents telephoned | That the burglar knew of the/nine men in @ fight between miners) today as a result of the arrests, chance to draw thelr guna, when| headquarters that a gunfight was| sence of the family was the belief) and detectives Wednesday, Looker confronted them auddenl¥,|in progreas, mummoning « score of |*xPressed by the police un the re} - ae |Wants Boosters intending to search them for con-| ether police we tments | moval of th con-| MRS. NENA BREMMEYER, 27 . A coaled weapons, were datenol witkeot Ueeean | siderable chopping and the noise! wite o¢ Peter M. Bretameyer, of| for Landing Field Throwing themselves prone on! rs could have been heard by any one | Three-Tree Point, died Wednesday at| Members of the Women’s Com- the sidewalk, Looker and Norton | WORK FOR 30,000 Bervice men] in the house. The robbery was 118 | hor home at Cres Beach. A #is-| mercial club were asked to help returned the fire, emptying their| has been obtained by the veterans’| covered at 12:30 a m. Friday. No| ter sry, Bertha Jeskie, of West Se-| promote establishment of aerial revolvers, One of the men darted | welfare comminsion in this state| clues were léft attle, survives. Funeral was held| landing fields in the Northwest” into the rear entrance of the San/since March, 1919, reports Lieut eye aE Friday, at 1 p. m., at the Bonney-|by D. E. White, president of the Telmo apartments, Minor ave. and| R. V. Laughiin, field representative,| Switzerland now relies on the; Watson chapel, with burial in| Aero club, at their monthly Stewart at, and the other entered|of San Francisco. United States for its coal supply Washellt luncheon in Northold Inn The pair opened fire on the Po / ave. and Howell st, ARCADE BLDG, {ND AVE.—FAHEY-BROCKMAN STORE, 2ND FLOOR—TAKE ELEVATOR YOUR OPPORTUNITY — chased by our Mr. Fahey in the East. ow TO M 6) R R OW we shall offer for sale a brand new shipment of goods just pur- We shall feature hundreds of All-Wool Suits, in the Newest -Styles, at— $25 $30 $35 This is YOUR opportunity to get in on the best clothing value Seattle has ever known— just one more evidence of Fahey-Brockman’s old established policy of always keeping down prices to rock-bottom while being just a little ahead of the other fellow all the time in values. , Satisfaction or Your Money Back Pica ALTERATIONS FREE FIT GUARANTEED __ Where to Go: Fahey-Brockman Building, Third and Pike Arcade Building, Second Avenue ‘AHEY- RROCKMA Up-stairs Buy up-stairs and save 4102?