New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-06-21
These arc cup matches
RICH MEN AND THEIR BILLS.
HOW rnAprsMEN SUFFER FROM sIowNEss on
PAYMENT.

HOW TRApEsMEN suFvER FROM sLo"Nhs' W
PAYMENT.
"Nobody not in the business" sald pu.onei
having large trade among wealthy uptown ios''o
can imagine how much we suffer from tho ca' -,
of ueople-espcc.ally rich people-in REGARD " '
,iu Nd tho worst of f is can't ask them TOT 'hc
nancy thew owe u.s. even though we may be IN ere"'
difficulty trying to raise enough 10 p"' 49,.
beef and mutton we have furnished tHeh' =,
men I'm this market who could retire Oh u oo'npo''
their accounts were all closed up but VINO nav n
work tn get enough ready money to Keep OUT oi up
The troube IA that we do each business or ne"iV "
on one sdc and very largely credit business on W.
other Retail grocers and other tradesmen are III oo
t,o same situation and those who do business ohey
n tho rch are the worse OF this respect Tor inc
moor are generally cash customers-they nave 10 DO
:" But do you not send IN your bills regularly
eyes at stated times the first Of the year. or Twice
year but this is looked upon as mere matter
and the number persons wnodo not square the
accounts at regular periods is surprisingly iarSe
never seems to enter the minds OK rch men 'a' VIC
money and they pay just when they happen 70 'l
Of often only after the account has run sever years
II we should send appeals for money aue US o'"o W
the regular formal should lose our customers W
v.o,esale Somehow they would not believe that we
wore in need Of cash. but would think that We douD'ed
their sslvency or their honesty and would rescnti
"Here is a manufacturing to his ledger-"whose
table I have supplied in a luxurious manner ~,
over q year since he paid mo anything. He ~ hpo'"
customer and cannot afford TO lose hin. nave just
received word from him that he is going win his iay
70 Europe for n year, and request that supply n's
servants I'm his absence OF course shall do So anu
shall not ask him for any money before nc s'afls'
either" 49,
"But is tho long delay in payment your only rouDief
was asked "Do you have many customers WHO iaii 10
pay ysu at all y
"ycry few; or Mt least very few through whom We
,o.c many dollars We do not give credit unless we
know men. aud unless We hhow 'hein VIZ ~
thoroughly any such credit we give is very enhiI u
very short OF course. starting In business
and anxious TO maize as many friends as possiniss
give credit promiscuously and eare ehV 're
capital enough behind 10 keep them up uhui n
business established arc pretty sure 10 'al p VIC
Old stagers generally do pretty safe business anu nave
moi to complain OF except the ardiness Win "hlcn
our rich nay their bills Probably they THINK
we are rc aud perhaps, II they didn't think co. they
wouldn't trade with us. 49,, .-,-.n.
"Once In q while when rich man lhlis III
we suffer heavily along with his other creditors put
this OF the incidents OF all trade hased on crc
| There peculiarly sad instance Few years hg1
An Old woman Ia Washington MARKET haa keIs pun
children. but had accumulated much money. one
OF her customers, bot-lkcepcr, failed owing her ses
erai thousand dollars: A ns o, All ~" loo weak
To keep up the struggle She IA now az an advanced
age In home little better than paupers Her DEBTOR
recovered. went Into business again. ana aeo SH"'
| time ago rich and respected" ...,.
IL is said that there Is record In the hands or nearly
all the butchers and grOcers In tue CITY, ana PERHAPS
other dealers and tradesnsn. ia which mo names ol
househoders entered, with the reputation OF eas
for prom In paving bills IL Is something ike tho
records OF merchants aud manufacturer Kept by me
camille agencies but fl this retailers record siAnlIn
recover by process Of laws and often clerk earning
small salary Is rated far above his wealthy einpoyer