Business & Finance: Junkmen

No ordinary Ned-raising business convention was the 22nd annual meeting of the National Association of Waste Material Dealers in Chicago last week. "Our industry today is a profitless business," warned Chairman Louis Lippa gravely. "We've got to do something about it or else close up shop." More than 1,000 waste paper dealers, brokers in rags, old rails, cracked stoves, rusty boilers and smashed automobiles, listened soberly to his plan and found it good: let junkmen junk their NRA code. "We are making the first move to withdraw from the code authority," said Chairman...

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