He looked up and said snappily, "What can I do for you?"

Tracy dropped into an easy-going characterization. "You're the people

who sell the soap?"

"That is correct. What can I do for you?"

Tracy said easily, "Why, I'd like to ask you a few questions about the

enterprise."

"To what end, sir? You'd be surprised how busy a man I am."

Tracy said, "Suppose I'm from the Greater New York _News-Times_ looking

for a story?"

The other tapped a finger on his desk impatiently. "Pardon me, but in

that case I would be inclined to think you a liar. The _News-Times_

knows upon which side its bread is spread. Its advertisers include all

the soap companies. It does not dispense free advertising through its

news columns."

Tracy chuckled wryly, "All right. Let's start again." He brought forth

his wallet, flicked through various identification cards until he found

the one he wanted and presented it. "Frank Tracy is the name," he said.

"Department of Internal Revenue. There seems to be some question as to

your corporation taxes."

"Oh," the other said, obviously taken aback. "Please have a chair." He

read the authentic looking, but spurious credentials. Tracy took the

proffered chair and then sat and looked at the other as though it was

his turn.

"My name is Flowers," the Freer Enterprises man told him, nervously.

"Frederic Flowers. Frankly, this is my first month at the job and I'm

not too well acquainted with all the ramifications of the business." He

moistened his lips. "I hope there is nothing illegal--" He let the

sentence fade away.

Tracy reclaimed his false identity papers and put them back into his

wallet before saying easily, "I really couldn't say, as yet. Let's have

a bit of questions and answers and I'll go further into the matter."

Flowers regained his confidence. "No reason why not," he said quickly.

"So far as I know, all is above board."

Frank Tracy let his eyes go about the room. "Why are you established,

almost secretly, you might say, in this business backwoods of the city?"

"No secret about it," Flowers demurred. "Merely the cheapest rent we

could find. We cut costs to the bone, and then shave the bone."

"Um-m-m. I've spoken to one of your salesmen, a Warren Dickens, and I

suppose he gave me the standard sales talk. I wonder if you could

elaborate on your company's policies, its goals, that sort of thing."

"Goals?"

"You obviously expect to make money, somehow or other, though I don't

see that peddling soap at three cents a bar has much of a future. There

must be some further angle."

Flowers said, "Admittedly, soap is just a beginning. Among other things,

it's given us a mailing list of satisfied customers. Consumers who can

then be approached for future purchases."

* * * * *

Frank Tracy relaxed in his chair, reached for pipe and tobacco and let

the other go on. But his eyes had narrowed, coldly.

Flowers wrapped himself up in his subject. "Mr. Tracy, you probably have

no idea of the extent to which the citizens of Greater America are being

victimized. Let me use but one example." He came quickly to his feet,

crossed to a small toilet which opened off the office and returned with

a power-pack electric shaver which he handed to Tracy.

Tracy looked at it, put it back on the desk and nodded. "It's the brand

I have," he said agreeably.

"Yes, and millions of others. What did you pay for it?"

Frank Tracy allowed himself a slight smirk. "As a matter of fact, I got

mine through a discount outfit, only twenty-five dollars."

"_Only_ twenty-five dollars, eh, when the retail price is supposedly

thirty-five?" Flowers was triumphant. "A great bargain, eh? Well, let

me give you a rundown, Mr. Tracy."

He took a quick breath. "True, they're advertised to retail at

thirty-five dollars. And stores that sell them at that rate make a

profit of fifty per cent. The regional supply house, before them, knocks

down from forty to sixty per cent, on the wholesale price. Then the

trade name distributor makes at least fifty per cent on the sales to the

regional supply houses."

"Trade name distributor?" Tracy said, as though ignorant of what the

other was talking about. "You mean the manufacturer?"

"No, sir. That razor you just looked at bears a trade name of a company

that owns no factory of its own. It buys the razors from a large

electrical appliances manufacturing complex which turns out several

other name brand electric razors as well. The trade name company does

nothing except market the product. Its budget, by the way, calls for an

expenditure of six dollars on every razor for national advertising."

"Well, what are you getting at?" Tracy said impatiently.

Frederic Flowers had reached his punch line. "All right, we've traced

the razor all the way back to the manufacturing complex which made it.

Mr. Tracy, that razor you bought at a discount bargain for twenty-five

dollars cost thirty-eight cents to produce."

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