Omaha daily bee., 1900-01-13

and manufacturer, he insisted that dealers
should pay them with New York exchange
instead of checks upon local banks, should
comply with the requirements of notes for
all accounts running over thirty days and
should be careful in seeing that repair
bills against the manufacturers are just.
The manufacturer and dealer ought TO go
hand in hand. and he had been sorry TO
note when he came to the convention that
the doors were closed against him at some
of it's sessions. He came as an accredited
representative of the National Association
of Implement and Vehicle Manufacturers
He believed that the utmost harmony and
confidence should prevail between the re-
taller and the manufacturer and jobber.
Credits Discussed.
Harry O'Neill of Omaha read an address
on Credits" from a lawyers standpoint,
in which ne urged that credit is too cheap
and said that business men too little real
ize it's value as capital and were, therefore,
not as careful of it as its value would JUS
tify. He criticised the methods OF com
mercial agencies in securing Information
concerning business credit, showing how
this business originated. A New York
travelling man had made it a point to ascer-
tain the financial standing of his customers,
Keeping CdItluI DltlliOi ullid CIV iiN
found that demands were made upon his
information by other firms than that for
which he was employed and determined to
embark in the business Of selling informa-
ton. 1t became necessary to secure in
formation cheap and this was done through
lawyers in the respective communities, who
were induced to supply 1t in return for rec
concentrations to patrons from abroad. The
two leading agencies are paying dividends
upon a capitalization of $4,000, 900, while
their assets would hardly reach 500 900,
and their yearly dividends exceed the
amount actually invested, The address was
replete with useful suggestions for the
preservation of ones business credit and
was evidently appreciated.
Wev. Trcfz on "Old ana New
Rev. e. i. Trefz closed the program with
a discussion OF THE Old and the New"
and in a series of comparisons of present day
affairs with those of past decades he said
jocularly that farming has become something
OF a sedentary occupation and that the ne
cessity is being considered of establishing
a gymnasium upon each farm to enable
the farmer to secure the necessary amount
OF exercise, while years ago they toiled
necessarily. He believed that the day will
come when the farmer will have in his home
q series OF tlctlIlt bullOiS anu VIII no
his farming by touching them alternately.
He will touch one button and the pillow will
20 forth to prepare the soil for the plant
Ing. and another button Will send out the
planter. Then the farmer will go away
to spend the summer, returning in the fall,
and during his absence the hired man will,
by touching a button, produce rain to
moisten the fields. In the autumn the
farmer will touch a button and the harvest
will begin. Tho speaker did not sympa-
thize with the too common complaint con,
corning the growth of the era OF machinery.
Each machine invented cuTtails the guam.
tity OF human toll. Each invention opens
up new avenues OF industry. The discovery
Of the powers of electricity has afforded
new employment for thousands of men, such
as telegraph operators and electricians. The
machine is the great emancipator OF the
human race. The speaker closed with a
reference to the great Importance OF pre-,
serving ones integrity and manhood in
every business as the greatest success that
can be achieved.
Reception Rt Commercial Club.
Last evening a reception was rendered
the visitors at the rooms of the CONNER
cial club. which were filled to overlooking
with retail implement dealers, j2bbers,
manufacturers and drummers. So dense
was the crowd that progress through the