The farmer and mechanic. [volume] (Raleigh, N.C.) 1877-1885, 1884-07-30
Something for Everybody.

SOmGtEtfk TOT GvSfySSSy
old business meo say that not n n
wears has there been 50 great q scarcity
OF money in Raleigh The alarm at the
North growing out Of the Wall Street
failures caused the Northern hanks 10
| call In all their balances and floating
! loans and this tended 10 make the
North Carolina banks very careful. they
! p~re,er.ng % keep thei- cash idle al such
a time; consequently men who have
been accustomed 70 borrow s thousand
or so dollars every summer now ind
themselves cut short. And by putting
OF the payment Of small bills they keep
the smaller bushes. greatly cramped.
There i not : day n which we do not
hear OF cases OF exceeding distress. An
instance occurred in another city, Of a
lady having TO sacrifice her jewels, al
though she owns a valuable property,
and has bonds, etc. 10 give as security
fo- a loan. No one doubted her s~olyen-
CIV. but no one had cash to lend.
II j. gratifying to be able to add that
the present stringency seems only tenn
porary. and IS not due to business losses.
A. a rule u city and State are IN sound
condition and the feeling Is almost
universal that ere the lst OF October We
shall al be out Of the swamp. The
crops are magnificent. and our people
are better supplied with money producing
crops than eyer before. The amount Of
cash realized from tobacco. from fruit,
from timber, and the Ike VII be great
cr this fall than at any year in the
States history. And money thus
brought in does not Immediately fly back
Northrar4 to pay for fertilizers, bag
ging. ties, freights. and 80 forth. II
stays to elrich and embellish the State.
Now. one thought more. You that
have money-be sure to pay your small
accounts promptly. The smaller they
are the more they are needed. a bill
/ Of = will often bring relief 10 worthy
y HCOH4C. "LCAtd- 4 a - : NtOl ~ CIV "
$1,000 would probably 90 TO some one
who felt no stress. and would merely
put the cash in bank. without thanking
you.
We repeat that NOW Is the time to
pay small bills. Ii you are a good cit
zen. you wish TO see the times improv-
ing. aud the community flourishing.
BY paying all your dues, at a time ike
this. you viii lelp to brighten the situa-
ton. There are hundreds of people to
whom a bill Of Il would be more well
come than 8 in October or November.
In our oWh business, we take in as
much money IN one week Of the fall and
winter as in an entire month of the sum
mer though u expenses are as great
at one time az the other. 1t is Just the
same with many other avocaticns.
We throw out these remarks in the
hope that they may be useful to many
OF our readers. both of the debtor, and
the creditor class. 1t Is a COMMON
tA-de ~ HSdI Lut DiltGl COlllp idlul-
There is So-and-so splurging at the
fashionable resorts, spending so per
week on his family while owing me sl4
that would keep my family from suffer
ing for lack Of proper food and atten-
ton" why didn't you ask him for it"
Il did ask him several times, but he al
ways said he would have to draw a
check. and now he is gone. and Will not
be back till October Such cases are
exceedingly common. and the damage
they do to the reputation Of the rich
man is fully equal to the suffering they
impose on the poor man. Indeed we
have seen 50 much Of the latter that we
have for years made al invariable lule
to pay our printers, postage, rents,
landlady, laundress, o.iice-boy. and
Others, regularly every Saturday night,
even though It took the last dime of
cash from our pocket. If a similar rule
were commonly observed, there would
be no lack Of money in circulation for
local needs.