The Manawatu Herald. THURSDAY, MARCH 19, 1908. THE CASH SYSTEM.
The cash system of trading is not to be peculiar to bakers. A local grocer has decided that henceforth his business shall be conducted strictly on cash lines. He stated to a representative of this journal that he intended to stand or fall by the experiment. He has carefully investigated bis first cost of all goods and has added the necessary working expenses and reduced his prices to the lowest minimum in order to give the system a fair trial. The credit system has a tremendous hold iu country towns throughout the Dominion and it would be a more iu the right direction if tradesmen’s associations were formed in order to take united action to lessen the credit system. It may inconvenience consumers at first to find the 1 ‘ ready ’ ’ for their purchases but they would in time get used to it, more particularly if it could be proved that a large saving was thereby effected. If, however, one storekeeper, in a competitive spirit, allows goods to be booked at prices that the other fellow sells for cash, it leaves an opening for bad debts, and the purchaser becomes “ top-dog,”
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19080319.2.5
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume XXX, Issue 391, 19 March 1908, Page 2
Word count
Tapeke kupu
200The Manawatu Herald. THURSDAY, MARCH 19, 1908. THE CASH SYSTEM. Manawatu Herald, Volume XXX, Issue 391, 19 March 1908, Page 2
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Manawatu Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in