The Other Side; a Brief Account of the Development of Industrial Organizations in the United States And a Study of the Advantages That Capital, Labor And the Consuming Public Derive From Them

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Low Prices Not ^^^S^ prices are not necessarily objection- Always able, nor is cheapness always something to Advantageous ^e desired. Benjamin Harrison once told us that "a cheap coat covers a cheap man," and as offensive as the phrase may be from some points of view, there is a forceful element of truth under it.
Cheapness that comes from poverty and that caters to individuals or communities without the means to purchase good articles at a reasonable price, is cer- tainly nothing to be admired
.... It argues a condition of affairs that is profoundly to be regretted. On the other hand, when the prevalence of high prices means gen- eral prosperity, there is abundant reason for rejoicing.
Generally speaking, high prices, prosperity and com- fort travel hand in hand.
When the price of wheat goes up, for example, no one can be found who believes that thereby disaster threatens the country. It is recognized that the ad- vance in the price of wheat is an indication of the wholesome prosperity of the country.


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