. Canadian grocer July-December 1896. -For durability and general Blacking. TONS SOLD YEARLY. MORSE BROS., Proprietors, Canton, AGENTS: LYMAN SONS & CO., 382 ST. PAUL STREET, MONTREAL TREATMENT OF DRAFTS. THE treatment which business men toooften give to drafts made on them forpayments of accounts is a feature ofbusiness practice that calls for plain man cannot too highly prize his credit,and he has no surer way of losing that creditthan by allowing drafts made on him bywholesale houses to be returned unaccepted,or if accepted, unpaid. That the practiceis a
. Canadian grocer July-December 1896. -For durability and general Blacking. TONS SOLD YEARLY. MORSE BROS., Proprietors, Canton, AGENTS: LYMAN SONS & CO., 382 ST. PAUL STREET, MONTREAL TREATMENT OF DRAFTS. THE treatment which business men toooften give to drafts made on them forpayments of accounts is a feature ofbusiness practice that calls for plain man cannot too highly prize his credit,and he has no surer way of losing that creditthan by allowing drafts made on him bywholesale houses to be returned unaccepted,or if accepted, unpaid. That the practiceis a trick with some merchants, there can beno doubt, though they themselves are theones that will suffer in the end the severes1loss. Usually before a draft is made on acustomer, he has been notified, a statementhas been sent him, and time is given toallow of checking his statement, and ifthere is any error, of notifying the whole-saler of such. It is, therefore, almost anunpardonable business sin to allow a draftto go unaccepted. Quoting from a contemporary on this mat-ter : There are few things that will arousea man to a state of greater disgust
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Keywords: ., bookcentury1800, bookdecade1880, booksubjectsuperma, bookyear1889