| Show CHINESE ARE THRIFTY FELI LOWa I 1 Z I 1 start in Dia on narrowed ca j and always kapay the loan in some respects the much abused 1 I 1 1 said uong sing long 11 I 1 of the interpreters and general a OTTO OB t of the chinese six companies Compan les t to a sia a reporter ep orter are way la ili adrai advance lic e 0 ot the ordinary workingman woi kingman ginan and particular I 1 ull I 1 so eo in regard to their ready bartic money e Y A ai soo socia lation llon along sing sin lons long spends k in most ost of hf hn time in new york though ile he visit vis washington several times each yta rm lip is till an educated chinaman r and it I 1 hail had the advantage of several 1 I ears at at t Il harvard arvard and besides has lieen been bradu at atad e d as Is 1 i I I 1 lawyer a wye with th alio L exception of one till all if the chinese laundry places place in this estrate el the he result of the really heady money molloy asio ions eions that flint 1 ia tile ino money TT CY necessary to start them came tr from om the ready money the plan is n not 0 t ull unlike I 1 ke the ija building aa v alch cb I 1 am told to I 1 4 1 have quite ft a clientele here and la 11 iiii wi ii jacj ware wore originally nilly started in ill ila delp lital i the chinese plan pl m is to start ait moneys us its often as 29 a party of chinese J fadd the they y have any ally US money on 7 hand the idea being to keep the money atria ey I 1 moving ONI Ilg along it is the custom of 0 the laundry boys for ally r I 1 I 1 speak peak of each other oilier a 1 I I 1 lanys to 1 1 ebnit on oil monday that lint alint belne their oil I 1 day tind anil gossip g all who ITO have bare spore span In cilley put it in a pool tind ami authorize i some one to keep beert it personally as i deposit in a baal barlt As soon as the pool ctr acts any size the word goes out and it is hn s sold old to the largest bidder it if tl there lerl b more than one applicant for it I 1 As 1 a I general thing there Is hut lit on one I 1 applicant ind and lie he sets gets it at a rate 0 of interest ag grebil upon it starts him ITT n business and in a few weeks he be hegins paying back now ind and then there ther li is t ia no demand for the money it then goes goa to the cities where micro it Is needed just now tile the are starting startles laun 1 dries I ries in a number of small towns ot of the south and my errand here e now low ii Is to 1 11 pet get some soine ol of the really heady money bicy funds to 4 I 1 be advanced for that purpose I 1 sarr perfectly safe the civi civilize liza tion ot 0 the chinese is no new thing it I 1 is bogo JO years year old they have found out that honesty Is the best policy 1 not on oil account of the moral I 1 or reli religious 11 question involved Involve da as you understand und I 1 ersland it I 1 but on account of the bus business I 1 ness proposition i involved Il honesty Is best because it pays P is as for many ma anny other reasons in business dealings chinese are very ve ry k strict much more astric eathall R any ny ot other be r people 1 I 1 lie he chinaman knows that if lie he borrows he be must lust pay back find aad that the of 0 not doing so are very 11 sc serious rious much more serious tb than an it to I 1 with mill americans or europeans lie knows this before he sets gets the money and does not take it unless he means to pay back the man vi who ito acts as secretary of the ready money is also the treasurer lie ile takes good tare care to all give a rood good account of IT bis Is stewardship s foghis for his happiness depends depend upon biscon his conduct the chinese ready rc ady moneys art frt rc quentin close ill up lu in a week though ordinarily dina rily they last longer each transaction is 1 I i separate ite one A man loan may be a member of a dozen or have hare all at 0 his its money lit in one the great advantage of the ready I 1 money Is that diat it gives cier everyone vone billit wants it money to open up lip business for himself hims elf whenever he sees the opportunity there is no walting no security ltv is needed except a i pron promise lise to pay tit the e payment never falls except for good reasons such as accident or sickness J i in fact it does not pay to lo fall to pa pay y for it will cost more la in the 1001 ion 1 I 1 1 ilin HID when your civilization Is 5 A yea years rs old you vi TI ill kno know w more than YOU TOO i do now ind and all I 1 understand things that now seem to be wonderful in us ua washington star I 1 |
