Worth And Wealth : a Collection of Maxims, Morals And Miscellanies for Merchants And Men of Business

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The middle man and the poor man are driven to the wall by the system, they can be pushed and pursued under obligation, with impunity ; but your man of means, your rich man, who dares to remind hun of a debt ? — he " will pay when he gets ready." No one who observes and reflects on this subject, can deny the truth of the picture we have drawn. The evils of the credit- system, which now pervades every department of business and all the trade intercourse of society, are great and overwhelming.
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... poorer classes most especially feel them so. The mechanic, 264 MAXIMS, MOEALS AND MISCELLANIES the laborer, and the tradesman, with httle or no capital — as is generally the case — how can they succeed in enterprise, or in living, even, if they are not paid as they go. If they are paid, they, too, can pay. The reform, therefore, must begin, not like most others at the bottom of the scale, but at the top — with the rich. Let them mcur no debts to those whom they employ or with whom they trade, and all classes below them in means, can be free of debt.

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