The chain grew by ... using profits from one outlet to finance another. Each manager trained the next and held a one-third partnership in his store. The thirty-three that opened between 1922 and 1926 had sales of $2.5 million in 1926. That year, the C. R. Anthony Company incorporated, and in 1934 it converted to a common stock operation offering shares only to individuals associated with the operation. Deeming those who owned the business to care the most about its welfare, the company avoided outside capital until its late history. The firm saw growth during the Great Depression, a testimonial to its ability to meet the needs of rural clientele and earning it the slogan as the "friendliest store in town."Closing the loop. Feedback and subsidiarity. Giving local managers authority and motivation, paying no attention to New York. That's why it was a good store. = = = = =
Polistra was named after the original townsite of Manhattan (the one in Kansas). When I was growing up in Manhattan, I spent a lot of time exploring by foot, bike, and car. I discovered the ruins of an old mill along Wildcat Creek, and decided (inaccurately) that it was the remains of the original site of Polistra. Accurate or not, I've always liked the name, with its echoes of Poland (an under-appreciated friend of freedom) and stars. ==== The title icon is explained here. ==== Switchover: This 2007 entry marks a sharp change in worldview from neocon to pure populist. ===== The long illustrated story of Polistra's Dream is a time-travel fable, attempting to answer the dangerous revision of New Deal history propagated by Amity Shlaes. The Dream has 8 episodes, linked in a chain from the first. This entry explains the Shlaes connection.