The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1877-04-25
The Cash system.

the present month an able article on the
cash basis, disappearing altogether the
credit system. So far as it treads the
subject under consideration tits very good
and we presume all will agree that the
casn system is far better than credit
system, if some kind friend will furnish
the money, and the article published in
the HERALD Of the 4th did not urge any
one to 20 in debt, il 40, we failed to no.
tics it. 1t was merely written to show
the utter iallacy OF any one merchant in
the country trying to establish cash ba>
sis while all other merchants were ex-
tending a credit 20 their customers, and
! am clearly convinced that the merchant
that adopts it will sell but limited
amount Of goods; not that we think the
credit best for the people, far from it.
But Mr.. Editor We stated in full that the
cash system would prove fatal to the
firm establishing it. Ny reasons are
First, that the farmer as YOU admit, does
not handle money at all times of the
year. Second, that the people are hard
pressed for money, it ia impossible for
them to pay as they 90, although they
are responsible. Third, merchants do
not bring goods to keep upon the shelf
but to sell, that's my opinion, and in or
der to make large and lucrative sales
propose to sell much cheaper than other
merchants. Fourth, it is impossible for
merchant to successfully establish n cash
trade that will amount to anything while
other merchants extend credit to their
CUSTOMERS. Filth, as we previously stated
that If all merchants would make it a
positive law among themselves, then it
would certainly do, but it is impractical
Die aud utterly impossible to get mer.
chants to agree as to the propriety
OF The step. We are apprIsed that msr-
chants have 10 wait some time be-
fore they get their money for goods
sold, and at the same time the goods
Ssra sold At 2 goOG per cent wh:!!cch is
better for the mercnau. than to have his
goods get old, musty and out Of date. In
towns and cities You have a cash trade,
from the fact you know no man. this an
plies 10 groccrymen as 4 rule. Sixth. the
iaborlng man is necessarily bound to have
goods for his family, plows and utensils
to cultivate his farm, and where he l.
destitute OF money, If none of the many
merchants would sell him no goods on
time, he would be in a deploIable condi-
ton indeed But few merchants buy ex
c'usiyely for cash. Some adopt the cash
system but they don't stick to il longer
than sin mOntha. While they wait tor
something to turn up, some one else will
turn 1t up for them Ifall would look at
the subject as they should and make it
cash then it would be bsst for all, but
it never was the case neither will it ever
he such. Our former article was not in
tended TO incite people to the credit sys>
TEN. but merely comment upon any
one merchant adopting cash trade when
other merchants were extremely anxious
to sell on time, and in fact Mr. Editor
the merchant that sells on time, and is
popular with the masses can really sell
goods for cash Tor less money than the
cash merchant can, because he does
realize very fair profit on the goods
sold on time. If a merchant sells ex-
clusively for cash, his brother merchant
will certainly meet his prices in every
case. So we can't see any logical reason
IN his plan. The merchant, like the
doctor, lawyer and mechanic, are Ger
wants of the people, and as such, they
must study to please and build up trade
rather than deplete it. We agree with
all that cash basis is the best if it could
or would be adopted by all men, but such
will never be the case. Merchants
should be careful as to whom they trade
with. That is what constitutes the sue.
cessful merchant. He must RISK none
but good men or those that will pay
he should know his trade and collect
close, keep his books precise, and never
charge customer more for goods than
you propose to sell them for. Do this
and you will keep out of the fights, law,
suits, quarrels, and general knock>downs,
spoken Of in the article OF the llth, and
will do much better cash trade than
you would otherwise get. News is
scarce down this way; all seem busy,
farming is going on lively, blacksmithing
$ brisk. our merchants lively, and the
goose hangs high. Some sickness, and
death occasionally. Mr.. Thos. Wright
living near Riley's station, died last week |
'fpneumopia, Mr.. Jas. Neal died on the /
18th, Of pneumonia. The farmers have
lot sold their tobacco "a yet, that is, a
,reat many OF them--no buyers in the
People are looking for
yard to very large crop. Peaches all
Tiled in this section, 80 the people say
dr. James Boyd went TO Mr.. John Rus
ellis house one night this week called
i'm out 10 the fence and told him that
le was going to kill him; but the lock Of
he gun would not work; hence it was
ischarged before lie could bring it to
ear upon Russell; no harm done, don't
now the cause Of the difficulty, both
re nice mep, good citizens and live very
lose to each other, More anon.
MoDoc
The beautiful thing about Christianity
} that it improves the individual man. 1t
levates the masses through the dissemi-