Business: Straw Hats

The old legal adage de minimis non curat lex never fitted U. S. legal proceedings very well, much less U. S. business. Accordingly, the National City Bank of New York has recently undertaken an analysis of the straw-hat business of this country, shortly to come into its liveliest season.

About $30,000,000 is invested in this country in facilities for producing straw hats, out of a total investment in the hat business of about $100,000,000. Some 300 factories in this country make hats, and 96 of them specialize in straws. Annual output is valued at...

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