The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1870-01-01
Bills.

At the close of the year is the time fixed
upon by business mon to close mp their ac-
counts, and "square up the transactions OF
the past twelve months. Every man should
know exactly how his business is prosper
ing, and whether he has advanced on the
road to fortune or fallen behind in the
great struggle of life. This can only he ac-
complished by paying up all outstanding
and in exacting the same business-like
transaction ON the part of those who are in
eebted to him. Small bills remaining un-
settled, require great deal of looking af-
ter, which consumes valuable time that of
right belongs to the business before him,
in place of being wasted through the ne
glect of others, who have left unsettled ac-
counts behind. 1t is better to submit to
considerable deduction in order to have
this kind of accounts closed and out of the
way. Large bills, if the payer is unable
to liquilate them, can be funded by placing
the amount in note bearing interest, and
the contract, which becomes a negotiable
paper, and can be used as money by the
party holding the obligation. Hard times
is favorite phrase with a very large ma
iority of business men, and nothing con-
duces so much to produce and keep the
times hard as this insufferable neglect to
pay punctually, small bills. A owes B ten
dollars and B, C, d, and E, owe similar
amounts, which are all depending, perhaps,
Oh the payment of the first party. AS
mismanagement, OF negligence in paying
promptly, causes disappointment to the
whole, and consequently aggravates and
increases the hard times. Let every man
resolve to settle up and pay off small &C
counts, at least once year, and the times
will perceptibly change for the better
Money matters will improve and business
revive. The drones, confidence men, and
spongers, who calculate on living off of
society, and eating the bread that is earned
by others, enjoy harvest time when credit
becomes the rule and cash the exception
Every man who buys for cash can buy
cheaper than he who deals on credit, be-
cause the merchant who sells for cash can
afford to sell lower; money in hand is al
ways most valuable to him. The difference
may be slight Oh a single article, but in a
years purchases of family it will amount
to handsome sum. Whatever it may
amount to, it is that much clear gain.
Individuals should aim to conduct their
business on the same strict and rigid prin-
ciplss that banks do; prompt payment of
all obligations on a specified day should be
insisted on. But once year, at least, let
every business man resolve to settle up-to
pay and be paid; particularly should small
bills be summarily disposed of. 1t has
been our custom for several years to insist
on settlement, or as near an approach to
that desired goal as possible, and we have
found the custom great advantage over
the loose system Of having no particular
time appointed for this business of Straight
ening up" Though falling far short of
our wishes in this respect, yet we persist
in the course as the best we know Of, and
will send out bills and wait on those with
whom we have had business transactions
during the year, for advertising or job
printing. We hope that subscribers will
consider themselves included in this COM
pany, who are expected to pay for their pa
per. A number of the latter are getting
too much in arrears, and on this New
Year day we hope each one will "take a
sly glance - at the printed label on his pa
per, and when a lower number than go or
20 is found ON that yellow slip, consider
himself as invited to this pay-up party
We hope that a very large company will at
tend, as we have great confidence in our
scheme of financering, by which we pro-
pose to Danish .hard times We have
become heartily tired of his wolfish howl,
and are persuaded that everybody else is as
tired of it as we are. Let us stop it by
practicing economy and paying our debts.