The Pharmaceutical era . In all. Copies of the decisions in the following cases weresubmitted in proof of the speakers statement.—Garst , Holmes, C. J., Commonwealth of Massachusetts;John D. Park & Sons Co. vs. The National WholesaleDruggists Association, Supreme Court, Appellate Di-vision; Kodak, Limited vs. A. W. Gamage, Utd. & , Kings Bench, London, England; Owl Drug F. W. Braun & Co., and Hans Bruch & Co., SuperiorCourt. Los Angeles, California. The chairman thencontinued as follows: Farther Evidence. Other evidence In support of the force and stabilityof the plan Is
The Pharmaceutical era . In all. Copies of the decisions in the following cases weresubmitted in proof of the speakers statement.—Garst , Holmes, C. J., Commonwealth of Massachusetts;John D. Park & Sons Co. vs. The National WholesaleDruggists Association, Supreme Court, Appellate Di-vision; Kodak, Limited vs. A. W. Gamage, Utd. & , Kings Bench, London, England; Owl Drug F. W. Braun & Co., and Hans Bruch & Co., SuperiorCourt. Los Angeles, California. The chairman thencontinued as follows: Farther Evidence. Other evidence In support of the force and stabilityof the plan Is the fact that a number of flrms are main-taining the designated retail price on their productsthrough it. These include the Shaw Knit Hose, Earl &Wilson Collar, Waterman Fountain Pen, Sorosls Shoes,Edison Phonograph, Eastman Kodak and Forsyth KidGloves. The earnestness with which they maintain theirprinciple Is proof of its value to their business and 450 THE PHAR:NrACEUTICAL ERA. [October 17, THOMAS V. WOlOTKN,Chicago, 111., Secretary. counteracts the argument that majntjuning a fixed re-tail prices reduces sales and stimulates substitution. Substitution was never caused by full prices andliving profits and the greater the profit the less incentiveto dt. While low prices and reduced or no protit will sooneror later bring forth a substitute for the most carefullyguarded article. Retail dealers must live and if the manufacturers whodesire to use them as their distributing agents afterhaving the means placed at their disjwsal do not pro-tect them; they are duty bound to use every lawfuland honorable means to protect themselves. Adrautases of the Plan. The value of a price restrictive plan is shown bythe following: 1. Its success does not depend upon the veracityof any man or body of men but is attainable throughactual force of law. 2. The difficult and almost impossible tracing of goodsis unnecessary as disposing of them at less than thespecified price with knowledige of
Size: 1320px × 1894px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, booksubjectdrugs, booksubjectpharmacy, bookyear1
