Time Telling through the AgesBrearley, Harry Chase
History
Time Telling through the Ages
Brearley, Harry Chase
Clocks and watches -- History; Time measurements
Sam Lloyd, the famous puzzle-man, was among those who saw this
possibility and he devised a scheme which resulted in the giving-away
of hundreds of thousands of Waterburys; it consisted of puzzles printed
on cards. These puzzles were so simple and yet so cleverly designed
that while anyone could solve them, each thought himself a genius for
his success in doing so. Lloyd's idea was to take his puzzles to
clothing stores all over the country and sell them with watches, in
order that those dealers might distribute the puzzles all over town,
together with an announcement of a guessing-contest. Each successful
contestant, upon return of the puzzle with its solution, was privileged
to buy a suit of clothes and get a Waterbury watch with it free of
charge.
Such was the magic of a watch in those days that the Waterbury
boomed the business of hundreds of clothiers, who, as in nearly all
something-for-nothing schemes, were careful to add more than the cost
of the watch to the price of the suit. Nevertheless the idea took
so well that Lloyd spread it into Europe, China, and other parts of
the world. Thus, the Waterbury watch became a familiar object in
many lands. Adaptations of the scheme, applied to other wares, were
carried out by him and by others until giveaway propositions became
the main channel of distribution for these watches. For a time, such
methods flourished and the regular trade of ordinary watch-dealers
correspondingly languished. But, finally, the scheme-idea lost its
novelty and pulling power. People would not forever buy clothes in
order to get watches. In the process, the Waterbury name had become a
byword for tricks in all trades. Shoddy clothes at all-wool prices had
become associated with it in people's minds. They stopped buying these
watches in ordinary stores because others "gave" them away. Regular
dealers cut the prices to get rid of their stocks, and this led to
further demoralization because customers never knew whether or not they
were buying at the bottom price. Dealers could make no money on them
under such market conditions and, because of this and of their shady
association with give-away deals, the Waterbury name became a stench in
the nostrils of the legitimate trade.
Public-domain text, read in full here on John Shaqi.
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