Business: Easy Payments

Economists by nature are the worrying type. Malcolm L. Merriam of the U. S. Bureau of Foreign and Domestic Commerce has the job worrying about one of the most vexatious of economic problems —installment selling. If his department is not the nation's greatest authority on installment selling, it has one of the nation's greatest collections of installment selling statistics. Last week the National Retail Dry Goods Association had a convention in the Hotel Pennsylvania in Manhattan. About 5,000 merchants listened without excitement while speakers told them that Federal taxation was oppressive, that labor unions were monopolistic, that dry goods retailers were...

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