The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-09-30

cure them from a dealer. on the IN
evitable instalment plan, lat terms 10
suit the purchaser
Automobiles are also delivered to the
man who wants to travel fast, and who
has not the means to purchase ma
chine outright. Nearly every sewing
machine sold in this state is delivered
on a contract of this kind. Watches,
tewelry and diamonds can be bought by
the man OF small means, who desires
to put on q good 'front.'" or who wishes
TO surprise somebody" with a gift.
In the hardware lines, purchases can
be made with such long credit extern
sions that they amount to virtually
the same as the instalment system.
Can Get Money ION Time"
Not only real estate, furniture, cloth
ing, machinery, carriages, automobiles
and other property Of similar classif1-
cation are sold on this plan, but one
may secure the coin OF the realm In the
same manner. There are number or
places in Salt Lake where one may
borrow money upon the signing OF a
note for the original amount, with in
terest at an undetermined rate. This
is sometimes found to be worse than
being compelled to go without the
money in the first place, for while the
amount collected is sometimes consid-
erably higher.
The instalment dealer who has a
large patronage, sees many of the
varied phases OF life with which men
in other lines do not come in contact.
Pathetic Incidents in Business.
Reverses of fortune, after purchases
are made and the goods have been
partly paid for. are prolific causes for
the display of the pathetic side of life
In many cases families have bought
large bills of goods The husband and
provider dies, and the widow is left tc
her own resources. In the event that
| half or more of the original bill is paid
| the installment dealer frequently, In
cases that are worthy. cuts a generous
| part of the account off, and leaves but
| a fraction of the original amount to be
paid In many cases in one house il
particular, bills have been cut for wo-
men without resources, from % TO 81
per cent. The accounts are frequently
carried for months upon payment of 81
81 or 50 per month, and collection is no
pressed i'm the event the debtor is IN
need of the money for the support o.
her family These payments are ex
acted merely to keep the account ALIVE
and to prevent it becoming outlaweC
! and uncOllectible.
Death is Respected.
A short time ago a man and his wifi
/ purchased from a local inStallmen
furniture house a bill of goods amount
ing to several hundred dollars. TIL
bill was partly paid, when the MAJ
committed suicide. The widow wa
left with no insurance, and was un
able to meet the payments of $50 pc
month for which her contract with tn
house called.
Calling upon the credit manager o
the firm. she related her sad story o
misfortune and asked that an extension
of time be given, or that her MONTH!
payments be reduced in order that sh
be better able to meet them withou
depriving her little ones of the necessi
ties of life.
Payments Materially Reduced.
Upon verifying the womans story
the credit manager informed the widow
that his house would accept no create
Il payment than 81 per month until tn
account was paid, or until she was per