Henderson daily dispatch., 1943-08-13
Independent Businessmen
Can Succeed, Babson Says
Continued from Page Onc)

Continued from Page Onc)
Carl started This venture and II has
been 4 real success. The store i
still very small. b.; he iGS iliGt II
good living out -: il and made
enough more money To pay TO-. III"
entire property and build up rca!
bank account He doesn't sell very
much during the hours that the big
grocery Super-marketS are open; D"t
after they close. he does 4 bag bust
res. He also has an exhibit al
carlos in his store which attracts
many people,
Mos, al my Doyhuod Gloucester
friends are Cumplainin" about ,hc
! labor unions. but Carl is not. The
more these unions reduce the hours
that the chain stores can be open.
the bette: Carl likes IL, The higher
the wages the chains are compelled
to pay. the mole profits there are
, for Carl's family because he can get
higher prices for his goods whit
I his expense, remain fixed.
Live With Your Business
But here i the point | want I,
drive home 20 readers. CARL LIVES
OVER HIS STORE. He owns only
one piece 0i property and this serves
him both ia: = home and 4 place
Of business. He follows the Gus
tom so prcyaleHi in Europe where
even the bankers live over their
banks: the lawyers live over their
offices: and the owners of gl'ea. de-
partment stores live adjoining their
business property. Now, ! make
forecast which readers should re-
member:
The small merchant who lives in
the restricted residential section and
has no help from his family and
must drive every day to his place
OF business may be doomed. l. may
be harder for him to maintain both
places and compete with the chains
and big business" He is handicap
ped IL many ways. The small bust
neSsman, however. who lives with
his store. factory or office has Il
new deals or old deals or labor
unions or anything else provided
he has good wife and will keep
out of debt.
Many Opportunities Open
As 90 around the city here
see many vacant small stores il Of
flee buildings. These probably mus:
be lcnted Ia the chains. I. however.
see some houses in the business
section where Il family could live
on the second floor and have good
little business on the street floor.
II could bc small store Of some
| kind. or lunch room. or repair.
shop. or beauty parlor, or even an
| insurance and real estate office.
know Il man who has done very
well selling bicycles and making
keys at his home: another who has
raised d large family by repairing
watches.
There are many lines in which
small businessmen are making rea!
| successes with businesses of their
own. They have no fear of chain
stores. Labor laws do not bother
them. They can be open at all
hours. They have no Overhead
'"hi"h causes the death OF so many
business concerns. Their families
are brought up TO work. Further
more, they are the families which
will save democracy, the existence
OF which depends upon 4 majority
Of the people continuing to own their
own means Of support.
Profits Come From Saving
This is no criticism OF the chains
] believe in them and have consid
cradle of my own money invested
in them as hedge against in
flation. There is 4 field for botf
chain stores and small independent
stores-the same as there is fielC
Tor both big stock insurance com
SAl1WC