ENGLAND THRIVING.

Hawera Star, Volume XLVI, 14 April 1926, Page 8

ENGLAND THRIVING.

AN AMELUUAaVS OPINION

NEW YORK, March 2

• Louis K. .Liggett, head of the L.iggett Stores, «am that ;the situation m England was a “whole lot better than they have led us to behove," when lie returned to-day w'itJt Mrs. Liggett from Hurupe on the Ouuard liner Herengaria. Me said that while it migliit he true that the British had isuilered losses on ships they hade made pin bus on rubber and on, many manufactured products. “Fourteen of the larger .British corporations making a financial report in January .showed an increase tn profits ami votunie of business over last year, and many of them over 1920, which was -their biggest year since the world war. “The English people are their worst enemies in that they put forward their worst iside.” Discussing the experience of the 800 Liggett stores in England, Mr. Liget/t said: “We have had a greater year in England than ever before. East year our volume of business amounted to 50,000,000 dollars and that was a 10 per cent, increase over the preceding year. Em gland i.s a prosperous country despite everything they say to the contrary. It is a wonderful country. We are opening a new .store every week in England, and that is at the same rate that we are growing in. America. “While we have 800 stores in Engind and 400 in America, the fewer American .atoms do a greater volume of business than the English stores. The American business amounted to 80,000,000 dollars last year. The reason for the larger business in America is .simple. Our English stores are simply chemists’ shops. In America we have our .soda fountains, candy, electrical .goods, rubber goods and other departments which we do not have in the English stores.”