| Show iw fikh ab pap paper TRADE AND FAILURE there is still a good deal of strain Js in Im business etness circles spite of the generally conceded fact act that improvement It 1 everywhere notice noticeable ahle aud it is not at all unlikely that ere normal conditions are established many who have struggled hitherto bitner to to keep going goin fir will bare to yield to the inevitable inevitable may not be the proper word however for patience on the part 01 creditors or even thought on the part of debtor deb might avert that which means sacrifice and loss from beginning to end particularly might this be conceded where a person or firm is io of longstanding long standi Dir and where no ostentation or extravagance has ever been known but creditors at times become inexorable and tor for fear that another should step in ID ahead of them they yield where probably their better judgment Judg went would suggest a different florent dif course it has bag often been said that there is 18 no sentiment in business well no not if a man to is X raffali kaposi it his bis dishonesty is lestrans transparent if thero there is fraud on the he face ot of thing thi riga 1 but where a man has been known know n for forty years as a hard wo worker rifer devoted to business ready to date to the full limit because of full faith in honest bont bt representation and ultimate tj wate payment pay ment sympathy sym pat by goes on out t to such swan a man as a matter of cour course seand and it to is possible compromise ana time should be allowed for extrication cases could be cited by the score fitere nere leniency and liberality have b a man r redemption demp tion where undue severity would have been ruin mentally and professionally for forced insolvency generally means the seat scat terling of the assets of the tb u unfortunate u ate to 0 o the four winds goods chattels chat real estate vanish away under expense and enforced sale creditors only get gat a percentage probably even less than a compromise carefully watched would have secured when whan a man iban to Is taken by the throat to the demand of pay me that thou ordet JP he be is very liable to be so affected that effort becomes paralyzed and the object sought if gained is at a cost that anat no right creditor would care to pay and it is humiliation enough for a conscientious debtor to have to violate his obligations without being crow crowded jed traduced traducer trad and ruined when a little brotherly brol herly leniency would have been salvation nor is it intended by this to condone fAila failure rei or to say that every one is not entitled to his big own it is not to say that a man should not pay his debts that mat fraud should be winked at and creditors whistle for their cash when assets arr being frittered fritt ered away by questionable tio means the whole argument to Is based on the idea that the unfortunate one is honorable that he is 18 the he victim of circumstance and that it if he had his dues due be would bauo be ua trammeled and able to lift up his bis head bead among his bis pears it does not require a man of special wisdom to tell the business world that credit has exceeded at times its legitimate limits but the failing wm wad almost u universal ni vereal d distribution astri button was de atred tred by manufacturer and ana importer Import ei by jobber and dealer the mammoth imd and the little tore store wee each disposed to push out their trade by extending credit and when the commercial waters water were placid without a ripple and no cloud overhead to prophesy a obil obadee Dire every craft on lee jee way and making shore just as often as prowess and a kepture some bome spirit could desire A puff of wind was fatal to some they were without ballast or seamanship many were but pirate craft or waterlogged vessels who went down before a stiffened breeze then as the gale strengthened and the waves rolled some lordly vessel foundered all hands aboard and all sails set fiat a low lew close reefed beefed hugged bugged the shore or well managed took to the open sea or rode out the storm one at anchor or flying before the gale and aad anah er snugly protected within the still waters of a refuge tried before man many a grand old ship in the offing on a turbulent sea mid blackness and lightning has seen but little chance of safety or of life reels beets and rocks were in the neighborhood some of the crew were io in ane shroud others at work on deck tying up or making ready tor for presumptive sump tive wreck as possible safety the captain or owner on the forecastle forecast 1 with all he biad of property or life hie at stake anxious tolling toiling hoping when a rocket flies across his bis bow the jile boat line is in seized and soon a pilot OV or a change comes and the battered vessel rolls through the breakers brealie ri and ADO into still waters once agate there is the hand band of mercy of deliverance of brotherhood and of peace JI pirates rates would have nailed the storm chuckled over the he prospective wreck laug laughed betl at the khe calamity which brought them untold gain that is pictured business life it has of late been subject to storm and jest many have hav a 9 gone one town down since it began but low the he clouds are passing we m sun essays to shine it ills in hard bard to realize tb that atthe the struggle straggle is yet being soon seen and felt that those who have weathered many a storm before are compelled to yield to this and now for it means sorrow suffering and many would think dishonor to some is worse than death after all business is iff necessary it will be continued one rhay may fall faill an other will take his place and perchance succeed population increases human wants wanta are legion and many will be supplied credit will yet extended be anu and panics come to be superseded by times ci 0 I 1 inflation and doom boom at such times really countis but little human action like history repeats ithell and after all there is good lu in the land lana much to try but aso also much forbearance much that thai is ie questionable and fraudulent but also much that is ia honest and honorable also aleo much that la in beyond any man manla mana la control coni or it controllable suspension cornea comes from goodness of heart from generosity of soul and from desire to do good even ven Indu industry indefatigable lator labor and unremitting attention ioa are maue maae nugatory at ti mesby the negligence or indifference of 0 the ones boue baue fitted until ingratitude seems beems to be the only name applicable to the circumstances oue cue hun hundred dred thousand dollars seems a great deal of money etim it is in ia tue sai sale leorin or in tle tie bank but turn hat abat into goods open a store let these go out on cro crofit jit a tew few dollars hero here or there mad somewhere ome where else and ad the owner in a long life might never see me that hundred bundled thousand dollars in one lump again there them is much indebtedness of this kind in this territory A man owes a few dollars it ia 18 pot not much be thinks bis big neighbor owes also and bag baa the same thought though tt the items are small the aggregate enormous enor onor moue mour until firms and dealers reel real under responsibility and hardly expect to stand eland erect again this is too bad too bad because it engenders hard bard feelings destroys confidence fi checks enterprise and leads to suspicion and fear even where there is ia real necessity credit is ie denied on the strength of somebody eases malfeasance and thus the innocent suffers buffers for the guilty well live within your means meanes y says the pessimist buy nothing do nothing that you cannot pay for right down says another good advice in the mai main in no doubt but more than thO of the traffic of this world Is ie done on credit on orom isea to go pay on the strength of hope men peculate buy sell improve build they anticipate the future they count on success suc ceas they intend to pay but the element of uncertainty enters into all human affairs things that cannot ue oe seen occur a anticipations i are not always realized hope is at times blighted but the general movement is success gain living and wealth trade smiles smile at an occasional is looked for anticipated discounted and probably some failure is profitable I 1 and ADO needed after all any way prudence pers personal onil interest terest tithe the genuine trade spirit will aim to reduce to a minimum the per r rit cent of lose the seeker alter cre credit will be scanned more closely perhaps than hitherto the general disposition is and will be to curtail within assured bounds the desire for th this in that or the other and it may be demon yet more fully that as men sow so shall they reap 1 as aa they do unto anio others so shull shall iu L be done unto them leniency patience forbearance assistance sympathy and liberality may be returned fourfold in an unexpected time of need there should be no alarm or panic any ay be because cattee one of our oldest houses Is for the moment embarrassed or because here and there an assign assignment mauf is made for the benefit of creditors or for the collecting of accounts which have long been over due |
