Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1918-03-15

stead Of money buying food now. it
Is more like food buying money. Peo-
pie who have the means TO produce
food are very foolish not to do 1t, and
that is about all.
This unwise mixup in the tax re-
turns caused by some people making
their returns on 100 per cent valua-
ton. while others held close to the
same old figures. furnishes opportu-
nifty for better equalization" said a
gentleman who is familiar with the
tax machinery to Here and There"
yesterday. You can say what you
please" he continued, but there Is
hardly any such thing as equalization
on the tax books. There are taXpay-
ers and lots OF them. whose property
as shown by the books Is far less in
amount than lots Of other people who
have much less property. There are
men who are worth from forty 10 fifty
thousand dollars who do not pay as
much taxes as other men who are
worth only ten or fifteen thousand
dollars, and there are other people
who own property to the value OF five
or six thousand dollars who do not
pay as much taxes as other men who
are worth only two or three thousand
and there Is not u fair minded man
anywhere who will not acknowledge
that such conditions should be cor
rected. We have not got board OF
assessors in the county that would
knowingly let such conditions stand
either collectively or individually: but
the boards are almost helpless. They
can act in cases only where they are
sure of the facts and there are lots OF
cases in which they do not know the
facts. However, II these 100 per cent
returns about which We have been
hearing so much are really as nuner-
GUS as We have been led to infer, the
boards will be struck with some OF
them In their efforts to adjust matters
and secure that much nearer approach
to equalization. Perhaps all this row
that has been raised may be some
good after all"
There Is a very great need for a
tightening up in business practices.
said a local business man to Here and
There a few days ago. Credit Is too
cheap. and the fault Is as much with
the creditor as the debtor. 1t Is more
with the creditor. Credit is a very
important matter, but 1t should not be
forced upon anybody. You seldom
hear Of banker begging anybody to
borrow his money. He has the
money and he is always glad to lend
II to responsible business people
only he knows who has the ability
and the disposition to meet obligations
when they are due, but he does not
force his money even on these. The
borrower comes to the banker with
an application or u request for IL loan.
and there is about the transaction that
which impresses both lender and bor-
rover with the idea that the most
important consideration Is the date OF
payment. Merchants do not have suf-
ticient regard for this consideration.
They seldom have an understanding US
to the exact time when payment is to
be made, and there being no exact
time fixed there Is no time cOnsidera-
ton. The buyer considers that he Is
to pay when he has the money, and
very often he goes further and con-
siders that the debt can wait until he
has money for which he can think Of
no other use. All this should be
changed. Merchants should grant
credit based on specified date and
creditors should be taught that II pay
ment is not forthcoming on the date
specified, then there will be proceed
ure very much the same rs Is follow
ed by the banks. Business credit
should be the same Us business cash,
and credit that Is quasi charity should
be so recognized by both parties to
the transaction at the time obligations
on that basis are created"