The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1886-08-05
To the Business Men of Pulaski.
the CITIZEN.

10 the CITIl1N.
The reasons for revising our cred
It system and otherwise systematic
1 ing our business were never so great
as now. The farming community |
and the vast numbers dependent on !
then, have not in the last ten years |
been so blessed with good crops;
and their capacity for the ahsorp-
ton of merchandise, and their abil-
ity to pay for the same we're never
so great. We have several success
full and intelligent merchants here.
No one doubts their ability. Then
why not make the best use of the
opportunity the good lord has Civ
en- you? How many men do you
suppose you sell on credit when
they owe your next door neighbor
for the goods bought last year? Is
this business? Can't there be some
system by which we may know
these things? Must we be always
trying to solve the problem how to
t collect what is due and how to pay
pressing debts? Why you still in
+. sist on travelling the downward road
because our fore fathers did, and
never profit by past experience.
8 Why will you still pass goods over
t your counter, knowing when you
j do SO that it will be one OF TIVE
e years and perhaps eternal time be-
fore you get your money, charging
d them on the credit ledger ovel
e which in remorse and agony you
'e sweat and swear, losing sleep, appe
y tite, health and money. We are 81
ts eager for the flesh pots OF Egyp
II that we take the most tickle proml-
r. ses and sell goods any way.
i OF what avail though the nomi
s. nal profit were one hundred pc
I'd cent. is that sacred ledger on tb
in day that your note falls due TO
ia this very merchandise? You know
III the money must come. No collat
er eral or ledger account will settle tn
ly matter. Nothing but the almight
or dollar will save the dishonor an
m degradation of protest. Then VIII
will we still pursue the rockies
credit system, for we know that on
chances grow more desperate wit
90 every sale. We may get our none
after a while, but just as well as
the grave to give up its dead or a
nd tempt to recall the bitter and irr'
as claimable past as to try to wOrr
the money from a bad custOme
he The credit system the way it is ca
Vo ried on here is a curse to any pee
I'm pie and it seems to me with lit
ed cooperation on the part of the me
,st chants here this evil may in q mea
i'm ure be remedied. Let US organize
sort of commercial union for mutu
protection. Let every member fu
- nish list of the men who owe hi
~ money and cannot or will not pa
-: it. Such information would be
on great value to all concerned. If
~ man owes you money and cannt
"y pay, you cannot afford to let hi
run in debt to your neighbors, fl
sn- the more debts he contracts the LEI
81 able will he be to pay what he ow,
M you. An organization which wouI
lln protect merchants against bad deb
Try would enable them to sell cheap'
'as to good customers, for under BIS
Try credit system the profit on good
m must cover losses by bad debts /;
well as any other loss or expens
re Any organization that will proper
ry guage the credit of our custome
,er will be worth $4,000 annually
is Giles county. Perfect this organ
n cation and in few years the plain
or- tive wall of hard times will be sleel
on ing that dreamless and eternt
be sleep.
we The writer of this has been ass
al ciated with one who has locke
he down that awful gulf and wade
ss. up to the chin and he sees the gre'
irl need of reform. He knows best wht
is has been there. BUSINESS.