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t be pared to the bone, but you still have some. There'll be darn little profit left on each razor you sell." Flowers was triumphant again. "We're not going to stop at razors, once under way. How about automobiles? Have you any idea of the disparity between the cost of production of a car and what they retail for?" "Well, no." "Here's an example. As far back as about 1930 a barge company transporting some brand-new cars across Lake Erie from Detroit had an accident and lost a couple of hundred. The auto manufacturers sued, trying to get the retail price of each car. Instead, the court awarded them the cost of manufacture. You know what it came to, labor, materials, depreciation on machinery--everything? Seventy-five dollars per car. And that was around 1930. Since then, automation has swept the industry and manufacturing costs per unit have dropped drastically." The Freer Enterprises executive was now in full voice. "But even that's not the ultimate. After all, cars were selling for as cheaply as $425 then. Let's take some items such as aspirin. You can, of course, buy small neatly packaged tins of twelve for twenty-five cents but supposedly more intelligent buyers will buy bottles for forty or fifty cents. If the druggist puts out a special for fifteen cents a bottle it will largely be refused since the advertising conditioned customer doesn't want an inferior product. Actually, of course, aspirin is aspirin and you can buy it, in one hundred pound lots in polyethylene film bags, at about fourteen cents a pound, or in carload lots under the chemical name of acetylsalicylic acid, for eleven cents a pound. And any big chemical corporation will sell you U.S.P. grade Milk of Magnesia at about six dollars a ton. Its chemical name, of course, is magnesium hydroxide, or Mg(OH){2}, and you'd have one thousand quarts in that ton. Buying it beautifully packaged and fully advertised, you'd pay up to a dollar twenty-five a pint in the druggist section of a modern ultra-market." * * * Tracy had heard enough. He said crisply, "All right, Mr. Flowers, of Freer Enterprises, now let me ask you something: Do you consider this country prosperous?" Flowers blinked. Of a sudden, the man across from him seemed to have changed character, added considerable dynamic to his make-up. He flustered, "Yes, I suppose so. But it could be considerably more prosperous if--" Tracy was sneering. "If consumer prices we
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