Digest of Replies in Response to An Inquiry of the Federal Trade Commission Relative to the Practice of Giving Guarantee Against Price Decline

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Feel practice essentially necessary on seasonal goods bought long in advance of season. Would be very hazardous to purchase with- out guarantee. Do not believe jobbers would carry sufficient stock unless guaranteed against decline.
Anniston Hardware Co., Anniston, Ala. Jobbers.
As jobbers can not buy full requirements in some lines, believe business of country would be hindered if guarantee were withdrawn.
Baker & MacDowell Hardware Co., Natchez, Miss. Jobbers.
Practice has been of inestimable
...value to jobbers past two years.
Do not consider that manufacturer who does not resort to practice is at disadvantage with manufacturer who extends privilege.
A. Baldwin & Co., New Orleans, La. Jobbers.
Believes practice concerns only manufacturer, and if he is willing to give guarantee, in order to move his product freely, feels he should be allowed to do so, as the custom stimulates business and removes fear.
21 Barker, Rose & Clinton Co., Elmira, N. Y. Jobbers.
Does not believe any more unfair to guarantee prices to date of shipment than at date of order.


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