Business: Funeral for the Living

The economists and experts held another noisy wake last week around the struggling corpse of the little retailer. Before the Murray Committee on Small Business the self-appointed mourners shook their heads and clucked sympathetically as they predicted the statistically inevitable demise of some 300,000 stores by the end of next year. Death, they said, will not be due to lack of customers, but to lack of goods and labor.

Wayne C. Taylor, Under Secretary of Commerce, estimated that about 1,400,000 workers will quit retailers and wholesalers for the Army and the war plants. Walter F. Crowder, chief of the Department's Business Structure...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!