The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1891-07-30
THE INSTALLMENT PLAN.
An Aid to the Matrimoaially In
clined.
How the Modern Credit system Fa-
cilitates the EstsblishmeI- of
Household on Small
Means.

Meahss
The young man who plunges into
matrimony in this town to-day, and is
dependent solely on an income
of two thousand dollars or so,
finds it much easier to provide his
bride with a comfortable home than
did the young men who were called upon
to do the same thing twenty and thirty
years ago. In those days, says the New
York Sun, it was practically impossible
for the Young man who hadn't any cap
ital to fall back upon to buy and fur
nish house unless he could find man
of wealth to go sponsor for him. lie
had to pay cash for every thing he got
or 60 without. Now almost every thing
can be bought upon the installment plan
and with practically no security. The
result is that the young married couple
can start housekeeping fully equipped.
A moderate weekly or monthly pay
ment, which doesn't make large hole
in the Benedict's salary, is sufficient at
the end Of a couple Of years to make him
the absolute owner OF his house and its
belongings. Twenty years ago it was
thought almost disgrace to have a
mortgage on ones house, but 1T is quite
a common thing now. Lots can now be
bought on payment of monthly sums as
low as five dollars, and the young hus-
band will find many real-estatc concerns
who will build n house for him in the
neighborhood of New York, the pay
ments on which won't be any larger than
the rent which he would be obliged to
pay for house or fiat in town. Then
he won't have any trouble in get
ting furniture on credit for his house or
for his fat, if he has decided to begin
housekeeping in an apartment. There
are plenty of furniture houses, the ma
iority of whose business is done on the
installment plan, and he will find 1T the
easiest matter in the world to get few
hundred dollars worth of furniture II he
will agree to pay up within year. The
Young man can obtain his tableware
and crockery in the same convenient
way, for the competition in the trade
has driven houses to hold out these in
ducements to their customers. The
young couples library can be well
stocked, too, on the installment plan,
with sets of the best authors works, ii
they only know where to 60 Watches
and iewelry can be obtained on weekly
or monthly payments, practice which
has been in vogue for several years.
In fact, there is no end to the articles
which can be bought on the installment
plan, provided they are of durable ma
ture. They remain the property of the
seller, who holds mortgage until tho
last payment is made.
The attempt TO apply the installment
plan to the sale of clothing hasn't been
brilliant success, because wearing APP
parel is apt to be worn out before the
time for the final payment comes.
sour business now,' said large furni
ture dealer on Park row the other day
lis almost entirely ON the installment
basis now. Twenty years ago every
thing we sold was practically for cash
but now the house which doesn't sell or
credit can't stay in the business very
long Young married folks are among
our best customers, and every day We
are helping to start anewly-wedded pail
in housekeeping. 1t is the greatest
boon to the young man of to-day that
without any outlay, he is able to be
master of his own house instead of tax
ing his chances in clearinghouse. /
would surprise you to see the number o
persons in all walks of life who utiliz'
the installment system. Even men o
moderate means prefer to buy very Otter
on credit, and use their ready money II
their business. OF course, in this bust
ness we have to be pretty good judges o
human nature, but there are rarely yer,
few whom we refuse. Risk necessaril,
accompanies the installment system
but where the volume of business Il
large a house can afford to carry &C
counts for long time. Sometimes
person falls behind in his payments
but if he has q good excuse to give us
as sickness in his family, for instance
we always allow him more time. II
fact there is practically no limit set
AS long as man shows an inclination
to pay us we do not press him, and som
accounts run indefinitely.
oOlhtblihNo We ioOh up man Va
woman who comes in to buy on credit
but as rule we can rely on the judg
ment of our statesmen, who are pretty eS
pert in sizing upthe prospective custom
ers. Some of our most interesting call
ers are the young brides that are to bt
who often come bravely in alone to ST
lect the furniture for the household
They usually get along very we'll unit
it comes to giving their names. The
they hesitate, stammer and blush, bt
cause they don't know whether to Civ
their maiden name or that of their pro-
pective husband. 1t usually ends wit
the young lady conflding to the sale
man a complete explanation of the in
portant event, with the time that IL
wedding is TO come off, who the brid
maids are to be, and where the weddiI
is to take place."