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be resold at somewhere around 80O. In any event at less than $1.00.
Since we ere at the beginning of ne seaFn you will appreciate how
destructive this is, not alone from 1-- m:uircturers point of view but
also Irom the retailers sincu it c: necessity depreciates the value (
all stocks on hand. The peo-:le Dprtic-irl.'! hit are the $1.00 bag
manufacturers, whose products Pre largely made of artificial leathers

 It does seem too bad that tht -nwiifLacturer can on the one hand
borrow operating money from our Cood Uncle Samuel and on the other ha|
flout the la-, through prPctices that nre wholly destructive. Of court|
the industry is particularly concerned because of its possible effect"
uron the white season fast apnropchin-. Due.-to the lateness of Easte3
it will only be a week or t'-',o after that dPte before tne bag industry:
will be into the new white season Pnd witn such tactics there is apt
to be a considerable mortality on the uoart of bag manufacturers, for
obviously they canrot compete.
 r . ,. .'
 In a round table discussion -this morningg with lir. I;cCarthy of th|
Consumers Advisory Board nov stetion. in I ev, York, the thought was
advanced trh.t possibly through thce 1'RA Liazon Officer the matter might
be brought to the attention of the '?c(ierpl Trade Commission or the
and some steps might be taken tc ouu, slop to tris demoralizing con:
tion. It certe.2niy wold. oe a great feather in your cap if some qui
action could ce ootarined.

 The Ladies' -andb-- mettin,- -djourned at midnight.

 Yours very truly,


 /s/ 0. / PSAnSON,

 0. ... R RSON
 *Ac:nii. -rst ... ;Member

P. S. I understand the industry is t.n.ering F banquet to Messrs.
Mittenthal and Berko7itz on April 3', -r.. --ey Pre hoping that both
Vincent and yourself will hor-or t.,e,. e y yuar presence that night.
Invitations will -, forward to you vury riortly. I kno'v it is a taz
upon you two getl,-menT to ask yo.ur -rcssrce but I honestly believe
be a politic rant rise thin, to do. Aater all these men have 'made a
struggle this nzist year to rull't.-iemsElves uo by their boot straps
they -ould have a very high regrc and r-spect for you two gentle
I would like to see you lend them encouragement in the manner Isu,

 0. ..' P.

FrS. I think I shall have to be in ashington next" Thursday at whi
time I hooe to have sn opportunity of seeing you.

 "' 0. 'W, P.

OWP:MKF "


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