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Gerard, James W., 1867-1951

"My Four Years in Germany"

The one German buyer will know about the lowest price at
which the sellers can sell their product. By the buyer's standing
out alone with this great order the Germans believe that the
sellers, one by one, will fall into his hands and sell their
product at a price below that which they could obtain if the
individual sellers of America were meeting the individual buyers
of Germany in the open market.
When the total amount of the commodity ordered has been purchased,
it will be divided up among the German buyers who put in their
orders with the central company, each order being charged with
its proportionate share of the expenses of the commission and,
possibly, an additional sum for the benefit of the treasury of
the Empire.
Before the war a German manufacturer took me over his great factory
where fifteen thousand men and women were employed, showed me
great quantities of articles made from copper, and said: "We buy
this copper in America and we get it a cent and a half a pound
less than we should pay for it because our government permits us
to combine for the purpose of buying, but your government does
not allow your people to combine for the purpose of selling.


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