Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1890-03-18
MISCELLANEOUS.
Monthly Auction Frade journal
for March.

10 the attention OF mercantile cOnscripts who
ar about to face comercial musSetry-,vIio ar
always serching for that extreme bottom quota
tion that rides competitiOn-and to al who's
fiXt gaze is centred on early and final success
thes Lessons in tile practical filusofy of busines
and thes unanserable quotations of values are
presented in the ernest hope of q simple trial
"A comparison with that sysretn shat bas for
SO long held almost unlimited sTa and has held
up but six out of the hundred that went down
to the slawter. 1t has been often sed that ther
wer men who toiled NOR faithfully and persist
emily than the author of the MONTHLY AUc-
TIoN TRADE JoURNAL-but it was upon the
old strap iron trak wher dividends were paid
in paper insted of the omnipotent stuff that
tho the book showed stedy and increasing
gains. yet the wear aud tear gru with eXaspe-
rating severity until the Leder felt that with al
his unavailable asets he must cal a meeting Mt
which perhaps ownership must change-alas
WHO oil us, who OF al the great aud successful
champions that has not felt the majectic power
of the Almighty Dollar in these dredful ages
of agony : trial of the correct system viii
change the tide of your career and the hour of
resolution that led U to the top vii be remeIn-
Oered as the turning point in yor histOry-the
transition from mediOcrity to fame
Then trip to the Metropolis where ar gath
cred the worlds busy, restles. striving BUYERS
In 1854 this ritter bot his fret stok of $500 in
BALTIC. sold for cash at 25 per cent. but felt a
competition that was staggering the next trip
was to Philadelphia wher things were more
evenly balanced but still the cash opposition had
u GlJSG Clip uPOIl GtiBu LF0ue uQO NJ was not
until the third trip. to Head Quarters that SUI
prcmacy was assured. Here was all the world
in endles variety and quantity aud quality and
tho ther centred here. thc first, second and
third hand concerns, the Red Flag Man stood
on the front and the old flags of Toupinp Kob-
be- Wilmerdngs and Hnegcrty Tyer open TO nj
who had the cash, and in these celebrated mills
wher values wer tixt by the falling of the ham
er the then unknown gladiator Of Winchester
won his first decisiV yictories-baut at ten and
sold at 1917, worth 20 and so or sometimes so
butdt always went at the inevitable 25 per
cent and peple who had paid 40 for the Same
thing began to Xix and talk. This rule was in
hexibiy followed, until we had the only store
IN the place. and as % per cent.Was the short
cut TO suces in retail so per cent. was adopted
as the near way at wholesale and from the
hole In the wal of Church street" this enter
prise walked over the trak to ther prodigious
Palatial Quarters wher we shal max sum Tner-
camille history IN the next ten ycara. we slal
strangle the mOutrosity who for apes has
enged and unscared. In the years when we
were liliputs wefnced and faut this mercantile
god and IT needs now only the rOk bottom of
the Red Flag values tn silenc his t,resurnrtioD
forever. little while and the retail LEDGER
vii be curiosity similar to the talloW dip or
the fax spinner and peple vii wonder that in
teligent men Of the nfnteenth century bet their
Xlstehc upon the Tiger of time. Fitting upon
parallel lines the old Regular having baut reg
ular and selling upon the same bnsis is placed
at devil OF disadvantage with the scaiper
WuO hdtEucu the Iheu Z lag .JlQ as lie Twisted
and tore and ridied the four months figures-
One offers the article at 80 (po as q please the
raqueter simply places. q ffty-cent ticket on the
Identical thing aud the town and country for
miles around talk about him. advertise him
and ''gO for him with the alTDity dollar The
age has swept by when fortunes wer made by
friendship. iaTor and hi prices the inexorabie
demands of trade revolutions imperatiyeiy in
sist upon values stript oftLe chaf-in othcz
words, peple who pa the cash want al that that
omDipotent stuff vii comand- Friendship is a
grand splendid thing in al the walks and WaYs
of life. but it viii not mix with bisnes. The mo-
ment o touch that tender cord the other fellow
is on the make. whilst the genuine gladiator is
in the field for al that his coin viii comand-
only to Illustrate more forciDIy why and bow
men of mistaken ideas will follow for lifetime
the lost paths. when few years of the solid
practical iiosOphy of busines wud have landed
them there almost unawares-
Macy was heyen born neutrality-suspicious.
devoted. always tbere-smasht beyond recog-
milton he crept from the ashes of uter rnin only
to pas thru the same ordeal of humiliation by
the same unchanging Ledger laws of fate until
he struck the magical methods of cash before
eliyery under the iron rule Of upderbuy aud