The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1917-01-26
NATIONAL PAY UP WEEK
and Customers Find Bene-
fits i'm Paying all Bills

"Pay Up Week" is growing into a
national institution. Many towns
have tried the plan with much sat
isfaction on all hands, It is special
time set apart to settle up old &C
counts: the customer pays the mer-
chant, the merchant pays the whole
saler or broker, who pays the trades
men and farmers of the customer
class; notes and obligations are paid
out and the money is kept going
from one debtor to another. Every
dollar passed pays several accounts,
clearing out obligations like NUM-
cipal physic.
The plan comes as a medicine for
our growing national credit system,
whereby among ourselves we are
|transacting more and more business
without using the actual cash. Every
debt holding over is losing somebody
the use of the money, and many
times not doing the debtor any good
but bothering him and costing him
interest. "Pay Up Week" is simply
sweeping out the big house we all
live in, and giving all business a
fresh start.
Many little accounts are neglected
even when one has the money on
hand. A merchant who is being thus
neglected by thousand customers
is really paying dearly for their care
lessness, and doing them no favor
He hesitates to dun" them for the
small amounts due, and the more
there are of them the less chance
he has to continue in business. This
is the cause of a large proportion
of business failures. Pay Up Week
is the mutual good will method OF
wiping off the slate, and gives every
body more confidence in everybody
else
AS an actual fact every unpaid &C
count is costing both the one who
owes the money and the one who
should receive it. Sometimes the
fact that a man has not paid a small
account prevents him from getting
the confidence of a larger lender,
or somebody he wants favor Of
People do not realize the unment1on-
ed difference it makes whether they
pay their little bills regularly or not.
1t makes a lot of difference with a
persons standing in business circles.
1t makes a difference with an en-
ployer if his employees have the
name of poor pay" 1t hurts his
own business. No one knows when
his little bills are going to rise up
and stare him in the face at the
very worst occasion. Credit is a
wonderful system. 1t has made the
fast progress of the west possible.
But it can be abused in small and
large ways, all of them more import
ant than the ordinary man you
meet" thinks.
Next "Pay Up Week" is in Feb
ruary, from the nineteenth to twenty
fourth. 1t is a little early for Black
foot because everybody has to have
it in mind several months in adj
vance, but such week of trading
fayors would be Of inestimable value
to the general condition of business.
The more money in circulation the
more money can be brought here to
go likewise into circulation.
The Merchants Trade Journal is
constantly filing its pages with in
stances Of towns putting on the PAY
I'D Week" plan, all commencing its
results highly. Most Of these towns
seem to be in the middle west. The
Chamber Of Commerce Of Marietta,
Ohio, says:
Considerable cash was taken in.
The week was great success. One
successful feature of the week was
a large check nine inches by two and
a half feet drawn for So on each OF
the city's banks, which were kept
in circulation all week paying old
bills. At the end one check had %
endorsements on its back"
Paying up bills and accounts,
notes and promises, bills and obliga-
lions is not altogether recommended
for its good will feature, and not
altogether because it extends every
body's credit. It is just plain mat
ter of community bookkeeping. A
lot OF useless clutter is being kept
on records and somebody Is busy
looking it over and adding 1t up. 1t
is like keeping ones correspondence;
the letters pile up and soon fill the
house.
The Mexican conferences are end
~ v,Nk For 1aNY ~ xvarda and M