Show I End of Economic Stress Will ViII be Brought About By Business Men len 1 I ISas Sa Says Sas s Earl C Sams President of the J C Penney Company In pans Paris speech 1 I E C Sams pi j of the J C Penne Company speaking speaking before the International national Chain Store Stole Stoic ConventIon In Paris Pan France early in m July said It has been the hl history tory of the sue suc successful chain cham store organizations m in inthe inthe the United States that they ha e ha c developed from somewhat some similar ori- ori origins origins ori origins gins One leading organization 01 with prIces running to a dollar de developed eloped from a small store in Lynn Mass Mass Mass- One leading grocery chain developed from flom a small grocery grocer store m in Cincinnati Ohio another from a small grocery store in New York City Traced through ou h to the origin the development of these companies s leads back to a decision on the part of one individual that he could duplicate to m mothel other othel localities the sma small business which he was running f t I The successful chain cham stores in m the United States have ha been carried to their present p position through service sel Ice and through their desire to render this service el vice with a distinct appreciation tenon tion of value alue and convenience so o faras faras far as the customer is concerned Like any other form of business which luch presents plesent certain features quite op- op opposIte opposite to the old time methods of operation chain stores have come comein fr m in for their shale of criticism and unfortunately in man many many states of the United States for rather unpleasant treatment in to the hands of legislators lator A result of the anti anh chain cham store agitation which is now attracting considerable attention is state leg legIslatIon legislation legislators hungry for more 1 revenue evenue for their individual state look to popular support of atory story tax measures by a public which they felt was stirred against chain cham store stole e operations Miny piny of the initial discrIminator tort tor tax bills defeated themselves through their own owns Others were W I e held up in m their executIOn through injunctions Still others are in various stages of being discussed passed or reviewed ed as to their con In the United Sates new an developments in industry or commerce usually pass through a somewhat similar series of attacks before they reach to the full heights of o their economic tics ties The sure sure sur gc toward legu legislative e ac- ac actIon action ac action tion designed to restrict the normal development of or an economically sound commercial form of operation is of general interest as IS it relates to business developments in m general during the past Big Big targets are arc easily seen Poli- Poli Political Poll Poli Political are quick to try to find answers to economic m in legislation especially at times when the economic issues assume anim an Im im comparable to that of the present It has been significant in political history that political bodies are arc not I Iset set up in such manner as to success successfully 1 fully full dictate arbitrary business poli ores Cles When the world finally emerges emerge from its economic situation when the final answer Ins his been found to world employment I have far more faith m in the belief belIe that it will come into a anew anew new era of advancement ad as a result of or measures advocated and carried out by business men than as arc a re- re suit of political measures I 6 |