Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-10-16

who have secured work through the
better times are saving their money
to pay their debts. so we do not yet
feel the good times as we shall later
on
"Then you think our prosperity will
continue2"
Il believe we shall have n spell OF
good times. We cannot expect that
the crops will always be poor I'm South
America, India and Europe, and this
element of our present prosperity may
he lacking next year. Still the tariff
will start the mills to going and our
biggest demand after all is the demand
at home"
THE TARIFF AND PRICES.
Has the tariff already raised the
| prices OF goods?"
Certainly 1t has" was the reply,
I'VE received today. for instance, an
invoice Of steamer rugs. They actual
| ~ cost us S751 APIECE. These same
rugs we have been selling here in the
store under the old tariff rate for $3.50.
| No one would ask us to sell rugs for
| that price which really cost us seven
| cents more. so you see the price must
go up. 1t IS the same with other
| things. The tariff must necessarily
make a general rise Of prices"
DO the people realize that prices are
| incrcaslng?
yes. Indeed they DO" replied the
merchant. "There has been no time
with in recent years when the people
| have realized Just how many cents
there are In dollar SO well as they do
now. They have learned through the
| hard times to figure closely, and they
| are much more economical than they
were before the hard times came"
rs not that good thing all around,
! Mr. WanamakerY
81 don't know about that" was the
reply. ''In order for us to have good
times the people must not only make
| money, but they must also spend II
freely. The two things are reciprocal,
II is the market that keeps the factor
les and the store going, and pays the
wages"
THE BIG FISH AND THE LITTLE
ONES.
"IIow about the department stores,
| Mr.. Wannmaker, and the charge that
! they are running the smaller mer-
chants out of husincss?'
81 don't regard my store as n depart
ment store" was the reply. "a de-
| partment store, I take 1t, Is an over
| grown country store, where you can
| get a small and cheap assortment of
| a great many different kinds of arti-
| cles. You mdy be able to get suit OF
| clothes, but you must not be particular
| as to the cut or the quality Of the
! goods. for you are restricted to what
| the man has on hand. We have no
| such store here. This Is an aggrega-
| ton of large stores. We have book
store, for instance, which is as large
| and complete as any IN the country.
We aim to keep everything that is
| published. We have one Of the largest
shoe stores In the city. II is the same
with clothing and other things
| "Now,as to such stores running other
| people out of business" Mr.. Wanna
maker went on, II have often heard
that charge. | don't believe 1t is true
to anything like the extent that Is gen
| orally believed. There are more IL
| Philadelphia than ever before, and
there are. you know. other stores OF
the same nature as mine in the city
The trouble with the men who have
gone out of business Is that they have
been working upon wrong lines. They
were afflicted with the dry rot, and
they would have played out sooner on
| later Besides, II Is a question of the
greatest good to the greatest number
II can see my way to benefitting thou
sands by selling goods cheaper and al
the same time make profit, is 1t my
duty to refuge to do SO because some
half dozen men will be afflicted
by my competition? Take the
! Baldwin locomotive works. for
Instance. At first their large
and complete establishment must
have hurt the other workers in iron
hut by their cheap and excellent loco
motives travel has been extended
where 1t could not be extended before
New railways have been built and thu
great public have been enriched"
FRANK G. CARPENTER.