| Show TUB THE credit one ona of the tha most disastrous busi nesa habits babits is the credit batem system of bf utah atah it is disastrous because it leavo business men in the lurch whenever hard times timea come and ancl it acts as aa a lear harrier rier against temporary relief at a time when credit would be of immense benefit to a poor man of course there are times r when hen credit is a necessity but bat most of the trade in this territory has for years yeara been done dona on en the acrel credit lit principle farmers have been in the habit of living one year ahead of their crops instead of letting the crops raised last laet season carry them over until another c rop crop is harvested most of our farmers have had to dispose ot of the grain just after thres threshing hinR to pay for the debts eon con traded while their crops were growing most of our sheep men do the sama kind of a some Som store estore carries them until shearing time when wheat their heir clip is disposed of and everything is squared up for another half years run in the mean time if crops tail fail and the price of wool gets low then the merchant has to suffer looked looking at that mode of doing business f from rom a theoretical standpoint it seems seams as aa though it would be just as easy for a man to live strictly on his income as to live one year ahead of it maybe circumstances circumstance 3 compel him to liva ahead of his means but it certainly causes very unsatisfactory bu business ainess methods to all concerned the merchant has to charge more for his goods when lis ha sells on credit than when doing a strictly cash trade and it is no satisfaction for him to charge more either hence both the seller and the buyer are losers then lis as wo we said eaid before when something happens that a debtor cannot pay up for instance dull times like the present both are again the losers at such times many men would welcome a little credit but the merchants mei mex chants cant give it they have already gone too in that direction they feel and the result is that lill all complain now for instance if we had had business on a cash basis in the past it would be an easy matter for our merchants to get a little blittle time on their goods and they could in turn gile their custom customers ers credit until times loosened up a little bu but under our present system such buch a thing is quite impossible if the present lull dull season does nothing more it ought to teach the people of utah that it is ia a avic vicious iou a and ad hazardous pan to do business on credit |
