The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-06

ueaI WtIn one authority rather Than soor.
~ nlVre, ana insure to the creditor cares,,I
r. OF the equity of the proposition
II would facilitate the honest and renonni
D.e merchant in settling his affajrS n.sI
upon the other hand make n bazords1 a 10,
snf ui.snonese 10 offer compromise, the In
Dc sure to be detected, and which uor MGu III
SoIi- 70 lake away the motive of many
Of anx Inc examination Of the ACCESSIBILITY
~ S1DOpI 8 past record, his financial condi+
tb D OSnS capacity, his moral renutatio1'
ana bis so IS1iaes leading up to the failure
inano, LIS m4iIlhgness In resumfng business r. &
tha us urace such methods and practices Jvbicb +
n rng connhttee observe as essential rra
shon1d Sucn examination and investigation
ny az. nAt uralIy be paid by the debtor II
i,,: NY Judgment such method of tre9fins e.i IN
~ sot MOulu go far towards enforcing infeerit,
cenfeoe anu mus reducing by great per
asters. " SUCH financial dis
MAKE COMMERCE STABLE
NOW these are thoughts to which ss,,
49, very serious consideration. believe !
Ivy suggest possibilities of attainmen. 49,
=, ~ assure greater stability and prosneritv
Nil anu commerce. This association doc.
progressive sn 70 encourage and perfect such
o oanl picture a condition in whioSss We
seeminn has been achieved without e,t
fsu c.eam is only the Conception 90 But
r reaiiieo desire; sometimes a possihiIitv u ne
La, out always an inspiration Wbot
4. naVe presented is either in fine no,-se nat
aetainment, or else possessing s1icb uoar;t OF
Tbe 'N9u ors an enort towards consummation
occnnyinn o'oa OF statutory law Is alreadv
/ v;gor and precision Personal s5Sioe raDie
Aiiiuly suggestions of helpfulness fo enna,s 1
| NJ on oudstoMers is becoming more and more
o or q crealtable custom; the origination and
encoura cement of system Of acconn+o ru,u
sPeciaIly adapted for retail merchants 10 az
practlcai as it is meritorious: the annointe 90
OF experienced men Of integrity and iudra Ut
S 20 act as assignees or trustees is more dir
t ncE1t; put still reasonably possible; the es
| houses In the principal trade centers is
, business proposition of conservatism and
n oysic5 ana the preparation and enforcement
" I'll some system of censorship over CONNER
ctai natures is development which can he
ao oaI through the cooperation and sun
port OF business houses.
PROGRESS ITS MOTTO.
programme of progression and ner-
h teu'ton THIS may be pronounced.
out nevertheless a programme 49,,
the conditions of trade need and ~
ihand. The Association of Credit Mo-, -
pOses 70 Do energetic and nroOrass;o - I
i snery way possible in behalf Of commeroiai
the dead 80 we cannot be content to dwell in
- GGau Journalism OF the past nor fruct I
70 Individual thought and enternrise f - th
s s!iln edlt OF conditions which the susnictnn
~ ecUtII,omy or business houses would mako
impossible under private and mercenarv I MAJ,
agement The future can be made 90 l;,s tron
siiu aiuIlng as the disinterested thnuohf and
oeVoted LABOR OF man can conceive and ave- {
cue. me Association Of Credit Men asnirea
70 take the place in the worlds econnny
wnlch you, as an individual. would gladly o..
cupy were 1t not for diversified cares and re-
sLonslbilities. 1t assumes your duty and
aeslres TO fulfil the aspirations and coneen-
lions OF the best minds and hearts If our az. !
sociatioa can only be regarded in the .
thoughts OF business men as the composita
indiyidualfsm Of its members, it will be
constantly observed that the spirit of mn. I
tualfty and unselfsh exertions is and must
OF necessity be the dominating essence Of
our existence. To be and to do what each
would desire. with only the added Influenced
and power OF concentration is the motive of
this organization. With local associations hi
so many prominent trade centers It would
seem that we have the machinery to operate
almost any system that in our Judgment will
be to the advantage Of business. We have
not yet made use OF our local associations iri /
the way nor to the degree which the pos
Sible developments Of the future would seem
to point but / am greatly mistaken If the
trend Of events is not towards more ideal 4
business regime in which our organizations
will occupy position of rare usefulness and
honor.
Mrs Wickwire-I wonder what has be-
come of the paper. There was an article in
it wanted to save-it was about jams.