"Terms, Cash"

Feilding Star, Volume XI, Issue 87, 16 January 1890, Page 2

"Terms, Cash"

The benefits of the cash system are being forced upotf the Auckland '* public," but in a manner which does Tftbt appear to. bo altogether palatable to the immediate sufferers, as the following eitrnet from Mercutio in the Auckland HeraLl^ill show : — "A number of our fellbw-citizens re. ceived a severe -shook to their; nervous system the other morning. It appears that the Freezing Company had notified to the butchers doing business with them that only seven days'. credit would be given, and about a score butchers sent for their supplies as \isual without having paid the previous week's account, arid were, without exception, or respect of persons, courteously but flatly refused. It is safe to say that among the number were some who had never been refused credit for such small sums in Auckland, before, as they were men of substance and integrity. Of course the Freezing Com-: pany did not doubt the will or ability of their customers to pay, but as this was the beginning, they did it to "affirm the principal on which they meant to do Vusi- • ness." A straw shows which way "the current sets, and this shows that a sounder and healthier 'state of things is obtaining among, us. If the butchers are thus brought sharp up, the public will be required to face the music too." It. stands to reason that if " the public " do not pay the butcher the butcher cannot pay for his meat, his clothes, his boots, or his newspaper, and what applies to the butcher applies to every other tradesman. "The public " have got too much in the \ habit of " consuming the necessaries of life on credit, and paying for its luxuries in cash," and the sooner the process is reversed the better it will be for all parties.