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Show Germany Has a Perfect System for the Collection of Debts. Writing from Bamberg, Consul W. Bardcl calls attention to a German way of doing things. "Tho most Influential and most Important Im-portant credit agency," ho says, "Is an association called tho Veroin Crcdltro-form. Crcdltro-form. This association Is'composed of tho best elomcnt of bankers, manufacturers, manufac-turers, merchants and tradespeople In over 400 cities In Germany, 175 In Austria-Hungary, 75 in tho Netherlands Nether-lands and with branches in every largo city of Europe. Whllo theso work entirely en-tirely Independent each In its own district, dis-trict, they exchango their experiences in a systematic and honest way. "Tho object is to look after delinquent delin-quent debtors, to Inquire carefully Into tho solidity of business houses and to glvo verbnl or written roports on their standing. A responsible secretary Is constantly In chargo of each offlco. His pay dopends upon tho amount of foes paid by tho members. Tho associations associa-tions Issue cards of Introduction for tho use of traveling salesmen which onnblo thorn to obtain fairly correct reports re-ports on tho trade they havo to visit In any placo, no matter how roraoto from homo." |
