The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1946-07-18
Behind The Scenes
American Business
By John Croddock

BY John Craddock
New York. - With a large
number of veterans and a num-
Der of former war workers
planning to 60 into business for
themselves, the big question
facing each is whether success
or failure lies at the end OF
the business rainbow. Dun'S Re-
view in their June issue discuss
the possibilities of success in
new business ventures and Sug-
gest certain factors which
Should be weighed before the
new business man risks his or
another's capital. The business
magazine suggests that costs be
determined, the proposed loca-
ton of the business studied to
see whether it has a previous
record of failure, whether cash
is sufficient and whether the
previous experience of the new
businessman fits into the pro-
posed field. Agencies which
might be consulted include the
United States Department of
Commerce, the Veterans Adj
ministration, the local Commit
tee for Economic Development,
banks, chambers of commerce
and other business advisory
bodies. The study shows that
during 1912 and 1913 more than
twice as many businesses were
discontinued as were started:
while in 1914 and 1945 nearly
three times as many went into
business as were discontinued.
DEPLETION - A cloud has
been discerned on the horizon
of the bright new day of sci
ence in industry by William s.
Richardson, president of B. F.
Goodrich Chemical company.
The cloud is in the form OF "A
depleted inventory of trained
minds" While there is need
according to Richardson, for a
minimum new crop of 10000
men with degrees in chemistry
on this continent annually. re-
ports indicate, he said, that
only 1894 chemists and 46@
chemical engineers were actu-
allv in training in the United
States in 1945. Mr.. Richardson
said that some companies are
recognizing that I'VE are no.
doing enough work in this
country in the fields of basic
science" Part of the facilities
of the new research center now
being built at a cost of several
millions by B. F. Goodrich at
Brecksville, Ohio, will be devot-
ed to Investigations into pure
and fundamental science, ne
said. He recommended that
more money be spent in educa-
tional institutions as well as
industries to provide the ivory
tower" atmosphere in sufficient
degree to act as incubator OF
new ideas.
THINGS TO COME - A new
fireproof ironing board cover
made from cotton "a non
inflammable plastic for use IN
making children's toys -.
plastic air-cushions for COM
Portable seats at football games
...a lightweight, non-leak-
able, easy-to-shop and easy-to-
install showerbase made of alu-
minum "a new home spray
unit for paint, varnish, lacquer
and stain that weighs only
eight pounds including air-com-
nreSsor "a new electronlc
device which will show you, at
a glance, whether or not your
auto wheels are in alignment
ia vending machine Selnng
scent products which will give
YOU change for a dime or quar-
ter.
HOME APPLIANCES - A
sweeping revision of home ap-
pliance merchandising may b.
in prospect as the result OF a
new supermarket sales pattern
developed in Los Angeles by the
Nav company. Largest in the
nation, the new store assuineo
sales responsibility for practi.
cally all lines of the nations
major appliance manufacturers
No less than 20 washing ma
chine manufacturers. II makers
of electric irons, nine refriger..
ator producers are represented
in a setting of IL compete
model kitchens with all utilities
attached and more than 20u
Isingly displayed items Even
bathroom installation takes a
shortcut to the consumer IN
the streamlined service OF a
glass installation center IN
which Libbey-O wens-Ford CO.
operated with the store. Pack
aged in a single transaction are
complete bathrooms including
wiring, heating, plumbing,
painting, decorating, as well as
glass for walls, mirrored doors
and fireplaces, and newest pre-
fabricated windows. The famous
appliance lines are ranged
side by side where the consum-
er can try them all and make
her own decision ae to the ad-
vantages of one make over an
BTTs O. BUSINESS Last
minute rains have saved the