The stock market crash - and after

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Monograph

Identifikator:: 1815583320

URN:: urn:nbn:de:zbw-retromon-204544

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The stock market crash - and after

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1930

Scope:: XXVI, 286 S.; graph. Darst

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XIV. Speculation and Brokers' Loans

Collection:: Economics Books

METHODS OF DOING BUSINESS 229 it may be necessary to erect your own building for this purpose. The adoption of this system of introducing a line of goods requires careful planning and too much stress cannot be laid upon the selec tion of a tactful and experienced manager for your venture. Banking arrangements must be made. Municipal and state taxes must be pro vided for and the thousand and one details at tended to that are unknown and unheard of in this country, each one of which requires pa tience and tact in solving and means the ex penditure of money and the apparent wasting of much time. In other words the initial ex pense involved is far greater than a similar undertaking would be in the United States or Europe and only a business yielding large profits can be expected to withstand the im mense financial drains to be incurred. While the salaries of the native office help will be comparatively smaller than the prices paid in the United States, still there will be noted an increased cost in maintaining a travelling force

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