Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1859-03-26
M1scELLAsEous READING.
VALUE CREDIT.
From the Nep York Independent.


Few men in business properly estimate the
value of good credit. One man thinks that
80 long as he can obtain property upon pro
mise of future payment, he need look after
or care for nothing more. IT he can only get
what he wants, that is enough for him. IL"
soon finds out, however, much To his north
cation that he does not rank quite as high in
market as some Of his neighbors. On reiec-
ton he makes up his mind that perhaps his
private character is not what it should b".
and that this feature" in his standing is be-
ing talked of in business circles. lie may
be good, it is said, but touch him lightly
for in due time he will fall. Another man
suddenly asks, WHAT'S the matter2' He
discovers want of cordiality among his "oId
friends" Can it he, he says, that allowing
note TO 60 TO protest under peculiar clrcum-
stances" has thus injured me?
Now let us he little more minute. ard
illustrate the subject by introducing TO our
| readers the following merchants from the
interior" all Of whom, of course stop At the
St. Nicholas or the Astor-or at the least
smoke cigars on the steps Of one of these ho-
tells. They seyerally apply to our leading
firm" for credit. Here is their record:
.uT. Il w bO SoVo' Wv '''
drinks" Look out for him.
Mr.. b, worth $4,000: lives high; and
rides fast horses. Be careful.
Mr.. 9, doing large business, but is
now and then found at the gambling table,
Sell him for cash.
Mr.. b, reputed wealthy, but is engag-
ed in all sorts of speculations. lie may sue
ceed, and may not, watch him.
Mr.. E., q clever fellow but cares 80 lit.
tie about business that his clerks have the
principal management of his affairs. He
won't do.
Mr.. + -, may be good. but don't care
tig for his credit. Allows his bills to mature
and his notes to 60 to protest unheeded.-
Stand from under.
Mr. G -, an ugly unprincipled fellow;
never will pay exchange anyhow. Thinks
the bills of the Bungtown Bank of Minnesota
as good as gold. and ought to pay his notes;
let him slide. 80 ....... '...E
Mr.. Il always finds his goods dam
aged" Or short" must allow all his claims or
he will "quit you.' tleaving behind his
wrath and profanity;) watch him with spec
tacles. l.- ..-
MIR. L, appears to be prospering. but
there is no truth in him; he will tell lies in
order to get bargain" when the truth
would answer his purposes a great deal bet
ter. Let him alone. - '
Mr.. X -, reputed to be worth $4,000
but there is no soundness in him from
the crown of his head to the sole Of his foot
Some days he viii collapse like puf-ball.---
Touch him not. "-i
Now we might 60 through with the alpha
bet several times, and not then present all
these doubtful cases" to our readers. We
have left off the catalogue those who do bust
ness on borrowed capital those whose sex
penses are larger than their income" and
host Of others. many of whom deserve a Sc
perate notice. Our special object in to cali
the attention of business men 70 very sim
pie question, viz--What constitutes the ba-
sis ofall credit 1t is money exclusively p
Answer the question honestly. If you de-
sire success, answer it. If you desire good
name, an swer it. If you desire clear CON
science. answer it. Those wise and
otherwise" can apply this subject to their
peculiar circumstances and position" To
prevent all misapplication Of the subject.
We will say to the reader,-,ce msan you per-
sonuilY. %