, 1869-07-24
THE EREulI SISTER.
shall t'hicsE 60 JnLbefs Allow Cauuiry Mer-
ehnnts Four Month"; Titne.

To tLt Editor cr The Chicago 7|ibune.
There ts que..sn that 1t ia better 10 be cut OF
debt th&d In debt. 1t EaFe2 Interest, and costs on
uEsied collections; 1t sascs, anxiety, perple1ity,
and the Disgrace Of protested paper; but tn our
country, and perhaps In every other country, IN
order to keep out OF debt, one must keep out OF
bus,ness-at least, out Of my business that re-
quires capital 10 cs1J 1t On. Had the pioneer
merchants of Chicago acted on the ahave
she @ sap!ssl III .hsT = ornsd .as xea1i ,I
a;1.o0o Inhabitants, jobblng s,5o, ,oDoooo Of me1-
chandlse annuAlE; With real aud personal prop
erty valued ii f2so Gee ooo; with the largest grain
and catte mAr1a in the world and nesToTk OF
railroads dtscrg1ns 70 all parts OF tie Union- you
would have IN ooscure country village Of fes
.heT Would rn Se dons rrecssoas T fe:a,l ali bns, M
ress. And, perhaps, 1t Is rot too much 70 add
that II the prudential maxim Of pay u, you 60
had al.ays becn needed ty tns Yankee race. clvi.
lizaaon would have ret 10 Cross The A!lesaau5
Mountains.
ain The ta.,y settlement Of the country. rhea
tie wilderness Was unsabdued. and onr pralrtts
were untitled; When mines were undiscovered.
manufactures unheard OF. md railroads not IN
Good we-e then furnished them bJ Eastern jo,,-
herB On twelve nonths' credit. a few years
la,s1, when he dense forests cegaa to dsshp?sar
transformed into teem'ns farms dotted With
thriving villages and towns, whcu ulues began to
the streams, eight months YVES sufficient. Just
before the var the time hAd been reduced to six
non,h.. Now ali the retailers asrt four months;
md II IL not likely that nny stage Of Development
al the agE1culsural. maGnIacturn0 An'l mining re-
; foorccs Of The country vii enable them
II ta&es the farmer this tine to Erpw and gather
crop like spree OF time will he rtqdlred hy
The manufacturer and the miner 20 put thei1 pro-
ducts IN market The laynberneu OF Wisconsin,
M,lnekoa aud Michigan require longer Line
They cut iho'r lcgs u winter. hau! tnem on NE
tlow to tie blnEs OF the streams anl o Eait the
frey
mills, which hrt located on the linea of railway
end vatet communication and It will be far Into
1t Will be fully ei1 months from the time they. en-
Ter the woods TIL they realize on their branch OF
Industry. II Is assumed That these classes have
but little money 70 i,egtn With They nrc thc Gre
atoEa Of wealth md capital. They start 10 With
only muscle and bran; bur eoInethtnG MORE Is re-
qnl,va TaeJ maSt e. bs ied aua ei0Iaeo OF thsE
L,rh them with The Necessary sur1'es theif in-
iust1r VII be pa5al{zed, and bustaessln genera!
The hafTt.: lnleas he too bc carried
In vain the advocates Of the "cash s.sten' may
urge shat It Ia the uue polieJ upon which to coa-
duct b1ttncss. Reasons EtIl not he found want
may admit 1t, finds 1t impTacticahe, and will pass
a'sSe Il esels on g tee ees t rs I
this Is composed OF :he best md mont sutAsuutla!
merchants Il the e9o1tr sns; 1sy e1pses 1, 70 pay
eonH.et con- 10 psy ~i,aoes % p!ov's!as @ Tor =
1hose Who Do raTor C5lcaso ~itn thelr patronage,
and buy on thirty DAYS, IN n!ne casrs oat o: ten
continually AAktng e1tenslUna to bt1ty, ninety
dhyB nud four mouths: md the average tl''c Ia
Ken By them wilt probably average fur months,
incy do re!ucsantiy slwass-somet,mcs ri suei
and, becoming disGQsted With your market, give
II = vide berth cFcr afterwaEd
IIarlpg at some length attempted 10 slow The
ntrr>s',J for crrd!tin, cuCc.ry ,,calrrs LII It's a.
qu.s,' II Chicago ]obheHs can Auorti io ncco;n'nt
goods excepting prints adj brown domestic rot
Nov, Il Is no, harG 10 sec that II these III, g,ods
porter prices, eash dnsn, tair jola:1g r:'J:
wuuld ts rraiizeL hui on several c!a.s"s
Sn g. f ss9sAt pct On cen: e prois en- Is at s
IN 'sass saa 50 oa o. TEE aid s ony
cornt, whlch sne jobbes gets n5 antlc.paung h. b,
iuls, VIC have thirty. twenty I've. tEsaty abI u.
.ssn Eo1as s AIoxaner ' has @cn inate 10 ir iorrgo
llr calculations 81 n'e TT cent to covr; lr.:,sn
ND she5 50;etg ,., ap1 e ffGp G,1 % Ise srss
thicAso can we'll s1osu to g.se Tie retailer t','
*lu'" 1tey get tn these Fnt,ds, and Tins recure
p-nsc Of rning 70 Eastern ma1kcts for the!r sup.
pIieA To refuse ibis necessary extension OF t1cd!t
6, lie rrodaea1e fndussry os The coausry, and M
trnot&aee Of th4 yest resources OF !s ma1esiai
wea.h together Vim The ra2a nEosrsss Of IT. H.
considering the daring entcypTte which tho MGR
chcpfs OF Chicago hare hcTetotorc exhibited You
cannot largely inc.c1sc oar jnnhina trade on The
tasa t,a.ia while New York Ph0adelphta, BALTIMORE
hpa Eoston cner time; and It u believed that II
tie dry soo'is joheers here could % Induced Z,
Oe Increased 10 hundred nt.:lDas In single
.ea1. Eastern ;ct.sEs arc getting the trade OF
th+ Mississippi VALLEY too -chcarly, uhrn they
neIeyt our-ild !ou Oh ilEae. Finally. II thcaH'
Eou:. Income, L. fact, Tic scAt u COMMERCIAL
emrt7s., ttr rncIchaat, mist aior, wiser aud
y,rt II xif TT "a
f'An they have Hitherto done Let It's have Ime,
t'hs.cr for IT In !onr p:5ces. 1atcres1 Is an nGy
lien. We dour lEe Il, and Will travel Eastward
1a.kcs II III pay IL EC5IIC MELcHIsr.
CHICAGO, 1uiy e, 1S63,