, 1922-11-13
Pay As You Go.

WHILE the Maine Yankee father was giving ms
w SON a parting blessing and final advice, on his
departure from home to make his way IN .ne Tori "a
van can; but get money" there was a Connecticut
Yankee father passing on TO his son Just as char
acteristic advice, from the standpoint OF the two
breeds of Yankees, but a bit moe wholesome and
calculated to carry the boy farther and estabiisn
a higher standing for him than could be hoped Tor
the boy who was instructed 10 get the money.
The Connecticut fathers advice was brief ana TO
the point, and was Don't owe five cents five min
utes.'
The ideals set up in the minds of the two boys
we're wholly different. The Maine father desired
his boy TO obtain wealth. Money was to be his
life's ambition. He was to worship the golden calf.
He was not to be over-particular as to his methods
so long as he secured what the father deemed the
most important thing in life.
The shrewd old Connecticut father while
acknowledging the value Of money and its import
ant use in the world, went much further and did
his boy q greater service than was done the Maine
boy. He taught his son the value of credit, of bust
,ness honor, of high standing in the esteem of 9TH
; ers, of promptness, of independence, freedom from
obligation, frugality, preparedness and the satis'
faction of looking every man squarely in the eye
and telling him where to go, If occasion arose.
By adopting the Connecticut advice to pay as you
20, you may not enjoy the doubtful honor of hay
ing Your name written in the merchants ledger,
and it may take that person a longer time to dis
cover you and know your value as a citizen and a
business man, but that is of little consequence in
your scheme of life
Those with whom you deal are fully aware of
the des;rability of closing a transaction by the pay.
ment of cash. There is a premium to that sort of
a customer, which the fellow who pays cash can al
ways secure. 1t is his right and privilege to de-
mand it Las we'll as it is his right and privilege 10
see that he is not charged with any portion of the
losses and delinquencies occasioned by others, III
the prices at which the pays the cash.
Promiscious credit not only brings ruin TO the
creditor but as often to the debtor.
Merchants will cite one reason for high prices as
being the fact that their customers demand credit
and will not pay promptly when their bills are due.
The reason is perfectly legitimate and perfectly
true.
Everybody acknowledges the necessity of credit
under certain circumstances, and everybody in
business is familiar with what constitutes the cir
cumstances. Credit has its proper use, but its
abuse is wholly improper,
There is a satisfaction in paying bills and TAX
ing the discount you obtain found in no other ordi-
aary business transaction. And the saving from
this very source is no inconsequential sum at the
end of the year. This is called forcibly to mind
by the knowledge that our own ADVERTISE RS are saw
ing hundreds of dollars every year by simply pay
ing their bills at the end of the month or at the
time they contract for space.
The questioned the greater wisdom, of the Maine
or Connecticut advice. is ubmjtted to you, along
with the other question-whether il is better for
Your own interest to ~pay as you enter or have
it charged?