Middletown transcript., 1873-05-03
Charge It.


Probably no words or sentence in the
English Language have had greater or
more injurious effect upon the financial
condition Of the people, Of all grades Of
society. whether rich or poor, than the
little sentence at the head Of this article
1t is the too frequent use Of this request,
and compliance Herewith that have
brought financial ruin upon many an in
dustrious mechanic, well.,odo farmer,
skillful artisan and, in other respects,
careful tradesman. Many men. economi
cal and careful when they pay the cash,
are inveiglcd into creating accounts and
debt, for articles which they could easily
dispense with They see not the accum-
ulating amount Of their inde eb,ednrss. and
when pay y-day come, aud the account i.
handed them for scttlemen; they are a
,nazed a, its size. Then, having made
no preparations for the payment Of such
large bills, they are obliged to resort to
other devices, aud either more time is
asked in which TO NAL, arrangements for
payment or money is borrowed. aud thus
one debt is created to settle another. and
the party is no better, but rather worse
off than before But in too many in
stances whe.c a man has good credit
he take. advantage Of the confidence re-
posed in him, and payment is delayed
from time 70 time to the great and mani.
fest disadvantage Of the creditor, until
patience ceases to be virtue. The money
that should have been used to pay hi,
standing obligations is used in other ways
aud the creditor having long sought his
own in vain, is obliged at last, sometimes
TO save himself from serious embarrass.
mcnt, to resort to the operations of the
law 10 obtain that which should have
been paid without such means, long be-
fore Then. Of course, ,ha deliuquen,
debtor becomes indignant, and think,
that his creditors have been harsh aud
cruel
1t matter not how much patience the
creditor may have shown. or how long be
NAV have waited fr his otra, when he
n, last, compcls the long deferred pay.
ment the friyulliness Of the debtor ,whicl
lsi to the creation of the debt. vanishe,
like the wind, aud he looks upon hi,
creditor as an enemy never once reflect
ing that it is but the result Of his owr
untriendiy conduct in imposing SO lonl
on good nature aud friendship. No say
ing was ever truer than "Short credi
makes long friends =
II is the practice Of extended credi
that makes the times 30 hard and none,
so tight. |, eripples all trades and ever,
kind Of business, for ii one does not pay
another, depending ON him. cannot. an,
SO, like a row Of bricks set on end, on
acts upon another until some one mus
finally and inevitably feel the whoi
weigh, Of the shock.
The only rcmedy.for this condition c
things is iadiei,iaai action. Let cac
man resolve, and keep his rssolu,i, n, t
keep every obligation that he enters into
To do this it will be Of the first import
ance to enter only into such obligation
a. he feels morally certain that be en-
meet, Obligation applies US well to a boo
aaooun, at a store or elsewhere, as to
note or bond } and healthier feeling wi
u, once pervade the whole neighborhood
and could the credit system be en,irel
done away with, it would be ,housan
times better for the whole country The
the failure of Peach Crop would n
longer bring with it such dreary pro,
poets, aud no threats of suits or Sheriff
Sales would loom up as the result Of fai
nre Of crops before the delinqucn, debtor
eyes.
''iIc is the freeman" says Cowpsr, 'who
truth makes free.
and he might also have said,