Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1895-01-10
PAY AS YOU 40.

AS this has been my rule, the subject
has beer uppermost In my mind many
times, and often have stndied on the
question to see ii there was any better
way of doing. OF late have talked
with hany farmers, young, middle
aged and old, the beginner and the ad
vanced, the farmer of moderate means
and the well-to-do farmer, and they all
with one accord recommend buying
for cash, OF paying rs You go. And
one thing that puzzles me is a subject
that quickly meets the approval of
many and is followed by few. Perhaps
others like myself have been in places
where there was no inducement to buy
for cash. Like this for instance: One
time going into store was met by the
proprietor who smilingly enquired
what he could do forme. Handed him
dollar; told him sugar. received 10
lbs. Before | left the store AL ac-
quaintance came in whose book &C
count knew to be above half IL hun
dred lie called for dollars worth
of sugar. lie was given the usual 16
lbs. Another time going to store
with oil can, wanting 5 gals. kerosene.
How much? One dollar, paid it. In
came time customer with l.gallon
kerosene Cali. Wanted how much ?
Twenty cents. Charge it. After he
left asked the merchant If ready pay
was no object. Most certainly it is, as
| now have over $1,000 standing OH the
book and am needing money very
badly.
Another time went into hardware
and agricultural implement store where
purchased my supplies in that line.
An acquaintance was settleing his sea-
sons or years account. When done
and paid, the proprietor laid some
knives Oh the show case and told him
to take his choice, which he did, and
politely thanked him, and passed out.
Then | told the proprietor to set out
some more knives and let me have my
choice, us my account was settled in
full the last time | bought anything.
lie says you are right, but then you
know there are those we must keep in
good humOr." But l got no knife.
Told him there was discrimination
made wherein | was put to adisadvan-
taGe for others benefit, and that the
way for me to be on a level with that
customer would be for me to loan my
money, run an account for the season,
and when he had dunned me IL few
times, pay up. Then he would be so
glad he would give me II pocket knife,
and also get my name rated good but
SLOW" Could relate a number of cases
of similar nature.
In the credit business we all know
the profits must be large enough to
cover some losses, the expense of book
keeping and the interest on couple
of thousand of dollars of outstanding
accounts which if the ready pay system
was adopted we could all buy so much
cheaper that those who are short could
we'll afford to borrow of those who
have money to loan and give the mer-
chant ready pay; he could use his
money often and we all be benefited
again.
am not writing this with any boast
ing spirit, as all you readers know me
personally. "And there seems to be
quite good many" know that l am
very moderately fixed in this worlds
goods. Have seen just as close times
as any of you, but have always man.
aged to keep above the credit system,
and what have done all may do, and
then the pay -as-you-go man is sought
in all business transactions, while the
credit man is put to many disadvan-
tages, finally adopt the pay.as.you &c
system and save many petty disagree
ments when trying to settle long stand
ing accounts which often result in cOol
friendship.-L. c. GREEN, IN Rural
Life.