“[A] hundred years ago the selling of goods at retail had settled into a system of small shops, each confining itself to a particular class of merchandise. The comprehensive trade of the sixteenth century had been divided into small sections, and the smaller the section the smaller was the study, the amount of experience and the capital required. The retail trade of shop-keeping became in consequence a petty and insignificant undertaking, necessitating little risk, little profit, and little ability, and so generally was this fact accepted that the name of shop-keeper became a term of reproach and of disrespect.”

The Romance of Commerce (1918), A Representative Business of the Twentieth Century

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "[A] hundred years ago the selling of goods at retail had settled into a system of small shops, each confining itself to…" by Harry Gordon Selfridge?
Harry Gordon Selfridge photo
Harry Gordon Selfridge 23
America born English businessman 1858–1947

Related quotes

William T. Sherman photo

“Three years ago by a little reflection and patience they could have had a hundred years of peace and prosperity, but they preferred war; very well.”

William T. Sherman (1820–1891) American General, businessman, educator, and author.

Letter to Major R.M. Sawyer https://books.google.com/books?id=KZAtAAAAIAAJ&pg=PA280&lpg=PA280&dq=%22If+they+want+eternal+war%22&source=bl&ots=hqqkcQXgYR&sig=op8FljMWJcliz6HsZRrfGO9ShJs&hl=en&sa=X&ved=0ahUKEwjx38jz5KrKAhVHMz4KHbleCckQ6AEIIjAB#v=onepage&q=%22If%20they%20want%20eternal%20war%22&f=false (31 January 1864), from Vicksburg.
1860s, 1864, Letter to R.M. Sawyer (January 1864)
Context: p>If they want eternal war, well and good; we accept the issue, and will dispossess them and put our friends in their place. I know thousands and millions of good people who at simple notice would come to North Alabama and accept the elegant houses and plantations there. If the people of Huntsville think different, let them persist in war three years longer, and then they will not be consulted. Three years ago by a little reflection and patience they could have had a hundred years of peace and prosperity, but they preferred war; very well. Last year they could have saved their slaves, but now it is too late.All the powers of earth cannot restore to them their slaves, any more than their dead grandfathers. Next year their lands will be taken, for in war we can take them, and rightfully, too, and in another year they may beg in vain for their lives. A people who will persevere in war beyond a certain limit ought to know the consequences. Many, many peoples with less pertinacity have been wiped out of national existence.</p

William Faulkner photo

“My own experience has been that the tools I need for my trade are paper, tobacco, food, and a little whisky.”

William Faulkner (1897–1962) American writer

Paris Review interview (1958)

Brian Mulroney photo
Adam Smith photo

“When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book IV, Chapter I, p. 469.

Cormac McCarthy photo

“Keep a little fire burning; however small, however hidden.”

Source: The Road

John Stuart Mill photo

“A society that will trade a little liberty for a little order will lose both, and deserve neither.”

John Stuart Mill (1806–1873) British philosopher and political economist

Also attributed to Thomas Jefferson, this is a modern paraphrase of a statement of Benjamin Franklin: "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
Misattributed

Thomas Jefferson photo

“A society that will trade a little liberty for a little order will lose both, and deserve neither.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

This has actually become a common paraphrase of a statement that is believed to have originated with Benjamin Franklin: Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety.
Misattributed

Alan Greenspan photo

“Thus, the willingness of workers in recent years to trade off smaller increases in wages for greater job security seems to be reasonably well documented.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

Testimony Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate February 26, 1997 https://www.federalreserve.gov/boarddocs/hh/1997/february/testimony.htm
1990s

Ernest Mandel photo

Related topics