The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1828-07-03

'HHHfAs " nHf ln'N fbHilHHF. nrfrHV anu
pt tncipied manufacturers ran ~ all times de
range the business. Of prudent aud the espes
f'ruced, by forcing on the market more gonas
than arc needed nnd by filling the country
"hh inferior articles, puiposely made IN inijinz
ion of those TINT ere really good and sold =;
midst the busilv OF az auction, without the posz
stbdity ufeuch On examination rs would detect
the imposition. All inducrmeni 20 excel IL thns
taken away, md the Only emulation Is 10 con
triVe illnsy mbuCS fitted 10 deceive the eye b.
the scnbanco OF what is better In the hurried
glance 10 which alone they ran be exposed bg
this prrnirious mode OF selling
The nStrchc and rapid fluctuations in prize
which arc caused by nucions, and which baifld
the calculations of the ncutts minds, dseoar
age prudent manufacturers by the inpossibiIag
OF selling ~ regular prices nr of laying an
plnt, tur the future Who, thai has my thih%
10 lose would embark IN n business which pre-
sents nothing bat mass of contingencies. he
You'd the sagHcty of any untnspifed man =
iorcsoe ~ prevent II goods s,re sold only ~
private sale the best makers would soon he.onit
conspicuous for the superiority of Their goods.
which would command fan prices in ordinary
times and II would be Impossible to counter
felt their names aud peculiar marks on the de
fectlvr aud fraudulent goods Of otherf--n cfiair
which, It IS said, is ollcn p,nctised from lie
facilities OF cuncrnlment given by auctions.
o, huorioNs NAVE HHEs DESTRUCTIVE -
rHE REGULAR AMERICAS IMPORTERS, oil whom
We must now speak ~ the pdd tfiHe, rs nrafi9
all ol thar most respectable body. hnye ~ ~
well known, bpru driven from iii,,r occupation
aud thus an important class IN the community
whose wealth, enterprise, and intelligence, a
dorncd aud elevated The mercantile character.
hns been extlnguishrd When such men issurd
their orders ~ foreign countries the mnnufaf
lItfa IN hnf Hoo atu ia. Il
This information, olten iraaducniy hurried Of
large quantities of the sane kinds OF goods bus
Of inferior quality mud had them sold al auction
here, before those OF the American importer
could arrive ihug gluttnr In market and onHs#
Jog less 10 him IN place OF profit Withhold
auctions This could not have been dune Il M
tempted ~ all it mnsi have become knoRn a.
the importers nj large. wi . would haF. al onea
Withdrawn from MI conDrSion with gnth nell
rious dealers So cnroly have the regular ilns
poriers been superseded, that more thnn lhfes
qunriers ofihc whole importation into the Union
are now, Il Is believed, on account of fofeiQn
Manufacturers, whose intrefit, has not ,mpfo#
we'd 10y this change IN their trade, mol buy.
ers have lclt 10 their cost The mutual conf
d"nrc aud c. uttesy that snhsisied IN our bettsi
days, between the responsible Importer aud he
customers, has long since given place III COO.
siant aud well founded fear of being clenieh by
men who are shrouded Ia dplkness--wh0se We
~ name. are unknown aud VINO have noi my
character to losr.--l, not such state NJ ieehnf
subvtr,yr OF all the mIci and hiuder chnti
ties OF our nature. and unaYhIdahiy condher
TO progressive sud indefinite drprn,ityq
&. AucrfopsirJunt CONSUMERS dEsfnnLr. NJ
rruANCIyo rutts. It's glcun error 10 ~
pose that goods are sold cheaper ~ Auctions
than ~ Private Sale The principal bupe4a
a, Mao NntL huvp LrTn ,ouguttrI mud gltn. a.
firm, with one accord, thai they purchase. un
an average Of one year, cheaper ~ private thnn
AT public sale One OF the lhftesi aud mol ~
specnbr anclionorrs In the United Slates. VII
not hong since, was 81 extensive dealer by pr
vatr safe stated the same thing lafcly as the -
suit Of experience. doubt great bargains
are sometimes oblniurd When the nntkei. IA .
vcrrtochcd. or dming a gourfd depression a
trade bat this would equally happen Il Auctions
dii not exit On the contrary, II j. wei known
TINT when 40 article X Ia dtmnnd il sells mfch
hlghcr At Auction thno at PiHatc Sale 1beex
ciiement produced bs The competition Of u crowd
| Of buyers, assembled 10 one ronfn, aud blddre
against each other, inevitably keeps tip prices
Ia the highest pplnt Besides II involves ~ con
irndciiun a. suppose thnt my saHr p"fsoh would
send goods 20 Auction, mud pny the auftibHerf.
commission, aud the State uly--nnlrss be rot
higher psices ihrlt than he could ehllin AZ pa.
waite sale. 4 is only ia seasons 81 extreme de.
preston, that ruH0iB sales are made by Aurs
| ton To any cStoui
But. what * gilmore importance. substantial
aud rcall, valuable goods nic not seen nj An.
ton II ~ ~ private sale that they nfo CON
monty to be- lonrd Both forrigu and domestic
uldctnrrrs prepare, on Ptrp05e ior untiiDH7.
goods OCT Give in every zeppelin length,
width. quality colour, and Iatiern; which 10
reputable house would venture ~ import. aud Is
offer ~ ptisaio salc--and winch "nud be drnr
NJ any price. Our country hns. IN = nselpeurr
! brcorrr rhc glcnf uart for the old stocks. ara
refuse febrlcs Of England, irnnrr, GERMANY.
and Other pnrts of the world "here msaleabie
goods accumulate. Auctions thus encnuruRh
| complicated deccptions. Even when baud =
nc, ,,onall, disccycrcd--ibe OWNER Is general
| ~ kept out Of ycw--ihe anclienerf IL not T..
srnnsrblp--sotnr compromise Is quirlly submit.
ted tor wholly refused on somr technical 10
! formally. aud MI exposure of fhe guilty patty
! il nrryrnied Nill II he believed that ~ Whit
are called pircr % shelf sales which ioiin min
fenihs of Auc ION Sales one minute, 81 even
Irss and Scarcely ever So much rs two Minutes
/ Is all the timr usually allowed 10 lnfgf roiupa-
nv Of perhaps two hundred buyers, TO Examine
IN ihr twilight Of an auction store, amidst noise
aud confusion, goots which thy never saw be-
tore The worse lhe goods, the shorter Will
he the tine given and thus where caution is
most needed u ran ne least exercised. Yet il IL
thc indispensable duty of merchant carefully
10 gcrutinl2e every article before he buys II.
Sales by Auction give az advantage TO the
seller, which may not bc known throughout the
country though met chants are familiar with il.
Those who send goods 70 auction, commonly
specify given price, including the anel,ones r's
commission aud the stare duty, and II mat price
cannot br obtained they direct that The goods
shall not be sold. The auciionecr, consequent
~, exhibits few pirces ~ FIRST ony rs trial.
II these are sold at the price limited the sale
gors on but If not. II is stopped On the con-
lary, before auc'louS were 80 prevalent, the ,nls
porter frequently exhibited his original insoee
70 thc buyer, aud the profit WAS mntier'of n
grccmcnt between them This cilecuay pre-
vented large profits
7. Three or four states, by imposing duty
ON .nlcs al allclinn maEe all the nIh.I. lLhmlh-