. The Pennsylvania-German : devoted to the history, biography, genealogy, poetry, folk-lore and general interests of the Pennsylvania Germans and their descendants. ? * •. GKNKSIS OF IlIK STUDKBAKER WORKS customof neighbors and friends bail-ing one another, as it was termed,was still in vogue. The people of newcountries are proverbially friendly anddemocratic. To put ones name to anote as endorser was very easily , as a rule, no thought was givento the matter except that it was amere form while the man who did so,never took into consideration that hemight eventually be obliged to payth
. The Pennsylvania-German : devoted to the history, biography, genealogy, poetry, folk-lore and general interests of the Pennsylvania Germans and their descendants. ? * •. GKNKSIS OF IlIK STUDKBAKER WORKS customof neighbors and friends bail-ing one another, as it was termed,was still in vogue. The people of newcountries are proverbially friendly anddemocratic. To put ones name to anote as endorser was very easily , as a rule, no thought was givento the matter except that it was amere form while the man who did so,never took into consideration that hemight eventually be obliged to paythe note. Moreover men inspiredmore confidence than they did at a judgment, to mismanagement, or cir-cumstances over which the individualmay have had no control. Many anendorser lost all he had because hecould not say, Xo. Again in thekindness oi his heart he may havebeen overpersuaded, Mr. Studebaker,financially, was a ruined man. All hisbright hopes for the immediate futurewere blasted by one fell blow. Hehad a large stock and nice farm butnearly everything was sacrificed andturned into money to meet the ohlisra- THE STUDEBAKER BROTHERS l%\ tions incurred. Moreov
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Keywords: ., bo, bookcentury1900, bookdecade1900, booksubjectpennsylvaniadutch
