The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-11-21
Pay AS soc GO.

The following excellent practical sugges-
tons are from the local side of the Princeton |
Clarion. If they could be universally adopt |
some world into paradise of contentment
and happiness. With the farmers they can
be easily adopted in practice-and with work.
ing men the maxim =" pay as you co." should
never be violated.
vs. often hear it said by farmers and
other classes of the community that they
cannot pay cash for the merchandise pur-
chased yearly of the retail dealers. There
could scarcely be u more absurd notion. 1t
is true that if they begin on a credit system,
depending entirely upon the future for the
payment of their purchases, it will be u diff
cult matter, in many instances. to SO regulate
theis business as to reform and change that
system. So far as the mere matter OF inter
est on the money is concerned, the farmer,
especially, is but little concerned. The in,
tercst for half year on his purchases would
not be an object to him, but if he, or any
one in any other occupation, starts out IN
lie depending upon his future earnings Tor
the PAYMENT of his debts created in the pres
en- ), he will find it an exceedingly difficult
task to reverse that course and pay cash
down for his necessities Bat If, they were
10 start ont in life with determination to
pay as they 90, for every article bought, they
would soon realize the benefits Of the course
and would be unwilling to adopt any other.
And were every one to do tins the merchant
could afford to sell much cheaper, so there
would be a mutual benefit in the arrange
| ment.
This thing Of credit has tendency to op-
press every body. Every merchant expects,
while he is trusting, to lose large amount
| of his claims. and Is compelled to increase the
tariff on those who will, and do pay in order
| to supply the deficit. But il the cash system
were adopted throughout, he then could cal.
culate with n certainty the amount he could
make, and in the competition with his neigh
Dor would be induced 10 sell his wares on the
most reasonable terms. As long, however,
| AS he il compelled to trust, so long will he be
compelled TO keep up his prices, for be he rs
! prudent and watchlul as he may, Inc Will now
| and then sell for credit to some unworthy
purchaser who will ultimately chisel him out
of his claim. Yet how arc those who have
made their calculation TO the contrary, going
TO adopt new mode! This change with u
large number cannot be effected on the IN
| slant. If there an infexible law passed
| lust now requiring every one to pay cash
down for all they bought, there would DC an
| end to the misery and suffering abroad In the
| land. So many there are who have no
means by them, but depending upon the
products of their present and future labor for
| the money to meet their present wants. But
by curtaiiing expenditures, establishing econ
oiny, and adopting the cash system in every
instance it were possible, aperson would soon
| be placed in situation to buy in that way
altogether. Such course rs that would be
highly gratifying to any one-there would
be a constant ease Of mind-no danger OF
creating more claims than one could meet
and person would know all the time just
eyactly what kind Of foundation he was
resting upon But if he goes in debt depend
ing upon the sale Of his crops or the products
of his labor, to satisfy these debts, any little
misfortune, such as " fall in prices, an unfa-
vorablc season, or the sickness of himself,
would create jar in his calculations and
place him in an embarrassing situation. The
cash system is the best.