The home journal. (Winchester, Tenn.) 1858-188?, 1860-01-05
THE CASH SYSTEM.

newspaper PuD'isherS nave heretofore
suffered by the promise.to pay system,
have been ruinous In the extreme. The
leading Journals all over the country
are adopting the only safe plun that
can DO pursued, and demand payment
in advance from subscribers. They en-
ter no names upon their subscription
books, unless il Is accompanied with
tho ca ii, and whenever the money
runs out the paper is stopped until an
other payment is made, An editor,
who has had long experience in the
business, tcry forcibly remarks that it
il amazing chat any journal anywhere
should b. conducted upon any other
thu ntbe cash system. Credit Is the invct-
crate scourgc Of American newspaper
men, being utterly unknown to any
other, Two thirds Of our newspaper
men who have been twenty years or
more in the business, have enough due
them from delinquent patrons, to make
them comfortable the rest Of their days;
yet, they will never SEQ ton per cent of
Of it, while many will DO bothered to
RI &c dimes enough to enjoy the next
holiday,
Az for Us, we shall make II start in
the right direction before II large credit
nccumulatcs ON our books. -Four years
in the publication business, and twice
AS many years Of observation in that
line, have sulliced to open our eyes to
the only true method to DO followed in
order to guarantee success. ~lfweadopt
tho cash system n0u, We shall not have
it to say twenty years hence Cir we live
that long, but for delinquent patrons
we would DO well of. Besides, credit
is tho phantom which leads most Of
good men into the slough from which
there is no release. For instance: We
go to II merchant, or any business man,
and purchase goods on II credit, Wo
look to our books and find due rs three
times as much rs is necessary to pay the
merchant. Pay time rolls round, and
the merchant must be paid. even ut
the sarcrifcc Of the very means by
which wc make living. our debtors
full to como to the rescue, each our per
haps, thinking his Indebtedness too
small to avail much, yet in the sum to-
tai these little debts amount to three
times more than it would have taken to
save Oursclr from the constable with the
merchant : account. Don't You sc".--
Well, seeing this, We shall act the part
of II wise person while it is ritIlcd to
day, and thus knDW the foundation upon
which ourlopcs are buiIt-thu5 Guaran-
tee to our creditors what they expect
thus save ourself from the pitiiuI and
contcmptablcsympath ofthosc VIII" re-
sqcct Il person only while ho iS favored
by the God of gold and silver.
Another thing: Whenever the Press
shall have purgcd itself Of the credit
system, it will be ready TO overthrow
mercantile credit system which en-.
ablcs roglies and droncs to live use
lcssly and often sumptonSIy at the cost
Of honest, industrious people,, When
ever pay d0Wn shall be the general rule
IN buying goods, their average cost to
consumers will be reduced ut least ten
per cent, if not twenty. And why
should those who pay, bear tax often
or twenty per cent for those who new
er pay? Tell us why,
Now, VIC say to oar brethren Of the
Press cvcrywhcre-udoptthe rash system.
1t M do you no harm, for if YOU
fail, it will be far better to fail ever
with the world, than to dcludc lloncst-
" though your creditors with the hope
that your dclinqucnts will come up at.
ter while, but failing to do 50, you
will find yourself 50 largely in debt
that in all tho future you will have no
chance to get II start nee moro-at
least, honestly Adopt tho cash system,
and thus cut loose from you the sharks
who cat out your substance.
The Charleston Mercury alludiug to
South Carolina, talks thus: