RETAIL TRADE: PX Pruning

Army & Navy service stores have been a money-saving blessing to righting men during wars. But they have often proved a money-losing headache for private businessmen in peacetime. After World War II ended, the post exchanges and ships' service stores kept right on selling so many items at less than retail prices that private merchants complained loudly enough for Congress 'to hear them. Military stores, they said, were peddling luxury goods, like fur coats and watches, tax free; groceries were being sold at wholesale prices in direct competition with local merchants, and large numbers of servicemen were buying goods...

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