Garland Globe | 1906-03-17 | Page 8 | Cash, Credit and Collections

I Cash, Credit and Collections. We copy tho following from tho Dry Goods Reporter, Chicago, an lntereallng Mory on cash, credit and collections written by "Tho Tramp": Tho average merchant in tho average town hasn't, nny system collecting system ho needs I'cruiia. I He charges this and 'hat to Jack and Jill, and lets them take their own sweet time lu paying for it. They linger along threo months, six moot lis or maybe a year, and then come in and pay 25 or MO on account with tho statement that that's all they can Hparo today. Mr. Merchant takes their money, thank tbumr and longs for tho balance due. Hu when It comes to asking this Jack and Jill for it, his nerve fulls him, and vut they go. Why, tho big store takes ten chances in tho credit buflncss where the little merchant takes one, and yet doesn't lobo out little lu bad accounts. Two year ago last Spring I was Hitting Hit-ting In front of the Reporter olllcc, with my back up against tho wall, taking thu ' Wn. A cob plpo was convoying me to my happy borne, and I was feeling peaefully Q. T., when a stranger walked up and asked: "Aro you Tho Trampr" "Thut's me, says 1. "You look the part,'' saya he, "and I want to get home of your ideas on how to .change from credit to fash. I'm tired of floing a credit business, and want to write n letter to my customer telling tbem that I'm going to chancer and I'd like for you to tell mo bow to do It." "What's your name!" I asked. Paul Jones, Arrowimftb, Illinois." "How hlg is the town?" . "About 2,700 inhabitant." (Continued next week )