The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1890-03-20


the ground and burn them.
81. A. RABURN."
READY MONEY VS.. CREDIT.
Without credit there could be no
extended system of commerce. 1t is
necessity of our latter day civiliza-
ton, but while it is good and neces-
sary thing, it is sadly abused and has
become to many curse. Competition
in business has been the chief factor
in developing deferred payments. He
must be very shady character who
can't get anything he wants "on
time" To the frugal and industrious
man this facility for procuring neces-
sites is an advantage, but the thought
less and idle man is often ruined by it
and by the abuse of his privileges
lands many too eager tradesman in
bankruptcy.
To such one the motto "Pay as
you go" is sound and sensible advice.
This is not possible at all times, but
it should become a fixed principle
with every farmer to never buy any
thing but absolute necessaries on
credit and as few of them as possible.
1t is so easy to get anything con
time" that farmers are often tempted
to buy what they don't urgently need
and WHAT they find great difficulty
in paying for when their note falls
due. The farmer who lives on credit
is carrying load that will sink him
The extra price he pays for his goods
and the usurious interest charged will
keep him poor, no matter how good
his crops may be.
Mr.. w. A. Clark of Bell county, a
farmer who has become prosperous by
hard work intelligently directed has
some reflections on this subject in a
recent issue of the Southern Guilt
vator. He says
"The crop is all gathered and sold
Now we count up what we owe and
give our note payable October l, 1890,
interest at II per cent. The note
holder then takes the note to the
bank and deposits it and borrows the
money on it. You see the point. |
can't get money at the bank because
l can't give security, but this man
has made me go his security at the
bank. He takes that money and
speculates all the year on it and you
are his security. Now, in October |
pay my note off, then he pays the
bank; then next January give my
note again, and when | go to pay it
off | find it at the bank. o, if a
farmer only knew what went with his
notes he would be very careful who he
let handle them. Farmer save thy
name for it is more precious than
gold. ! told my banker about this
scheme. "Well," he says, 81 can't
help it; it is custom; | never made
it So" l went then i'll April and
bought q wagon for $75, a cultivator
for $40, a pair of harness for $35, total
$3.50. l had to pay II per cent
great accommodation to Us farmers
you see, to wait with us. Well, he
went around to the bank and depos-
tied the notes and drew $40. Don't
you see, they sell at credit prices and
get the cash all the same. Now, |
don't blame him for it. 1 would do
lust the same if / were in his bust
ness.
81 want to show that it is not the
rich that go security for the poor so
much as the poor go security for the
rich!
"How to beat it? Wait until you
get the cash, then you can get the
same goods | got for $3.50 for $l3O and
save that II per cent extra. l can
afford to wait This is one bad leak.
Let us raise our meat, lard, butter
fruit, canned goods, melons, milk, beef
etc, and feed our town friends. Then
we can be men and women, join the
cash club, and in few years you will
be glad that you joined. Save thy
name, for it is more precious than
gold"
DEHORNING.
The practice of dehorning is rapidly
growing in favor in this country as its
safety and advantages become known
In England high legal authority has
proclaimed the practice unlawful and
its advocates are having an uphill
fight to legalize it. A correspondent
in North British Agriculturist
England, gives his views on the sub.
ject and they will meet the approval
of all who have practically tried the
experiment. He writes:
"SIR The question of dishorning
cattle has of late become one of the
first importance to farmers, and the
, power to manage and treat their cat
: tie as they think fit is, we under
stand, soon to be settled in the law
, courts. The opponents of dishorninG
, are quite sure to get a lot OF public
, sympathy and support from people
who have little knowledge and no eX
] perience in the matter. 1t is always
popular, and deservedly so, to do ev
erything to lessen the suffering which
our domestic animals have to under
t 60. and wherever it can be done t.
, put stop to operations which cause
, unnecessary pain. The advocates o
dishorning are, however, just as anx
/ ious to do this as its opponents; ant
the whole question is, does dishorninl