Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1892-06-28
MlscELLANEous.
Rouss Sledge-Hammer Blows.

nOuSS 9lG0Se"FldIIlInSF BLOWS.
Mr.. Charles Broadway Rouss, in
his June Circular, strikes the follow
ing sledge-hammer blows in advocacy
of his successful motto of tUndersel
and Undetby Twenty-Five per cent.
cash before delivery:
Twenty-Five per cent. cash, before
delivery is success; fifty per cent, on
eternal time sooner or later means
oblivion. AS the unhappy, unfor-
tunate Peake oncsed 'sOne in Broad,
way, the other Greenwood. King.
Credit persued him mrelentlesy to that
vast silent city, whilstnet spot cash,
under the talismanic laws of under
sci, drove our liliputtan craft to the
top. In the auful panic of 1875 the
same huge, blak wave buried us both.
Uudersel is father to the twin broth-
ers Popularity and Prosperity. The
Ledger and the Pard ar the authors
of the big bulk of the comercial ca
lamities that crowd the blak lists of
Dun and Bradstreet. Only to sho
that it is not LUX, but pluk-not in
time, place or circumstances, but in
the man, with his nookdown logic
and his sledgehamers that pos
itively pulverized the credit legions
who and sci on unlimited time
Keen business mon read artite the
living lesson of the day. Thy Sc on
the wal the handrite that the Car of
Credit is doomed and damned. Tha
Sc the retreat into oblivion of the old
Regular before the rapid, enfilading
fire of twenty-five per-center. Tha
notice that the Raqueter, with his
stock of thousand, scrapes in NOR
cash than the old-timer, with his
twenty thousand of long winded val
ues. The old fashioned credit houses
of the great cities hay long since ben
driven out of existence by the great
agresiv and progresiv concerns who
sci as tha buy, cash before delivery.
The rapid turning of cash contrasts
eloquently with capital that is hope
lesly lockt up in the Ledger's fatal
folds, and in an irresistible argument
in favor of the lowest minium of
profit for the metallic ring of the
"nimble sixpense." Under the ty-
rany of credit man feels cripple as
soon as lie gets the bulk of his goods
from the shelves to swet-book, and
this merciles grip titens until the final
pay. What's the use of ofering for
cash ngate buttons at % when he hasn't
the rent money, to sa nothing of in
terest on long override purchases and
clerk hire? Besides, he can get al
he wants on time at 81, and sells at
five cents-a nice little profit of 100
per cent. What an advertisement,
and what esy game the Racket sharp
shutter who splits the price in two
that is, double the quantity for the
same price; in greater or Lesser degre
the same ration of percentage and
profit al thru the stock. Such an un-
even race never lasts long, for the
mistaken champion of terrific tariff has
not one chance in fifty, and the tired
wheel stops. The sheriff and the legal
hounds draw the red line-the Led
ger goes to the paper mil, the stok to
the Gladiator of Net Spot Cash under
the hamer at forty cents on the dollar,
and the fiatened out unfortunate with.
out his name or money. is on the
tramp for a job at dollar da, and
the hustler who drove him to the wal
gathers him as vel.
EvrY da in life these melancholy IL
ustrations saden the panorama Of the
commercial story