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Show The free enterprise system businesses fail within the first several years so the owner, is seldom attacked directly. by even beginning the company, has forfeited his steady FEW CONSUMERS, for instance would ask that the gov- income of the previous job to ernment take over the distribu- invest his money in a longshot. tion and sale of clothing. WHEN THE owner went to lease his building, he probably But to many people there is found the rent was still a suspicion that business- four times as payment as that men are becoming rich at our womans house high payment. Not expense. Recently a woman only has he forfeited his job, he told this writer, The price of is now gambling $1,000 per jeans is just atrocious. A friend month or more (and has probtold me that those jeans cost ably signed a lease for several only $4 to make and yet the years, a gamble of $24,000) clothing store I went to was that his business will succeed. selling them for $20. Thats highway robbery. The owner now has to hire employees. Even if he finds WELL IF a robbery has employees willing to work for occurred, lets investigate. the minimum wage, the exThe owner of the clothing pense is high since he also is store took a tremendous guaranteeing them certain begamble even opening up his nefits as well as supplementing doors. Some studies report their Social Security paythat 90 percent of small ments. He is guaranteeing jeans to the wholesaler to recoup his money; he must instead get rid of them the best he can. them a steady income but there is no guarantee anyone will ever walk through his door and buy anything. THE OWNER is now ready to open his store and the costs will keep mounting. Utility payments for lights, heat and air conditioning will be three or four times what he pays at his own home... display racks, cash registers and minor remodeling will result in a steady stream of bills. ..theft, both by employees and customers, will steal money out of his own pocket. ..equipment taxes must be paid. ..and prop- NOW COMES the inven- tory and the long-sh- gam- ble is extended even more. The owner has to order his clothing lines many months in advance. Since there is no sure thing in fashion, he has to gamble that his particular lines will prove popular with an admittedly fickle consumer. (Will the rainbow design on the left pocket be this years in product? Or will it be the line the yellow stripe and the purple erty taxes for commercial buttons!) building will be much higher than for residential homeowners.. .even the telephone bill Whats more, the owner cannot order several test items. Instead he must order a mass quantity in a variety of sizes. ..and the bulk of the money must be paid in advance. If the owner gambles wrong, he cannot return the will be times higher, since businesses receive special rates. As an owner, hell find his workine hours have been ex tended. When the store and the employees have gone home to their families hell frequently find himself in the back room laboring over the bookwork. When employees call in sick, hell find himself covering their shift as closes well. W'ILL HE BE congratulated for the gamble and his extra endeavor? Not by the customer. When the customer pays $20 for that pair of jeans, do you expect her to walk up to the owner and say, I appreciate you taking such an enormous gamble, putting all that front money up, providing jobs for your employees, paying high property taxes, and this extra money intothe community? fun-neli- and testify to high mark-u- p the world that businesses are charging exorbitant prices. THIS WOMAN is not a radical, nor is she cruel. She is merely uneducated and unaware of the mechanics of the free enterprise system. And there are millions of Americans (and hundreds of thousands of Utahns) just like her. The facts are simple: The gamble of opening a business is high; one wouldnt take such a gamble unless the potential rewards were also high. Chances are very slim that the owner will make a killing; chances are much higher that he will fail. AND IF ALL of the clothing No, the woman wont say that. Instead shell pay for the stores lose their shirt, the jeans, grumble about the public will lose their jeans. ter Comotet jClarence Knight Pontiac, Cadillac, GMC is a complete auto dealership. This means the business carries a complete line of cars and trucks new and used plus it offers customers a high quality service department, body and paint shop. A DIESEL specialist is available to those who own this newer line of trucks and auto mobiles. Repeat customers are a key to any successful business. The friendly, genuine feeling workers, plus the philosophy it is necessary to do any job right, has given Clarence for people displayed by that and his co- Richard Hamblin Knight a clientele made up of repeat satisfied customers. dmg long-tim- e, A CUSTOMER can choose from the largest number of General Motor cars in the Pontiac line, that exceed 40 mph gas mileage, or Cadillacs which are still popular. A complete truck line is another reason Clarence Knight has an established business. Although the service department is not the biggest part of Clarence Knights business, it does contribute to the total success and the good reputation of this car dealership. HEADED by 5 Piece Bedroom BrassCanvas Magazine Rack 44900 Reg. $799.00 Richard Hamblin, who has had 35 years in the car business, the service department, paint and body shop employees 11 trained people. Service is important to these people, they have many years of experience and take pride in their work. These trained mechanics will service all makes of cars, foreign or domestic. They specialize in the G.M. line. Clarence Knights service department stresses preventative maintance. They recommend car owners follow manu- All Lamps 12 XI Flower Arrangements Off 12 Off! facturer and dealer service policies. They also offer a towing service to customers. The public overwhelmingly prefers the litter recycling law alternative, according to a survey by Cambridge Reports Inc. The survey found that 55 percent of the population preferred the alternative while only 31 percent opted for the mandatory deposit law. These comprehensive programs attack all forms of litter through a combination of litter cleanup programs, public education, litter law enforcement and recycling incentives. Coffee Table 2 End Tables 00 Brass Accessories 12 Off We Meet or Beat all Prices Bring in our competitors ad..and if the item you want can be purchased by us, you wilt own it at a Considerably Lower Price! iod ccmpt fimituix 80 West Gentile, Layton 546-003- 2 |