Giving And Getting Credit : a book for Business Men

Cover Giving And Getting Credit : a book for Business Men
Giving And Getting Credit : a book for Business Men
Goddard, Frederick B. (Frederick Bartlett), B. 1834
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Yet withal, reasons are as plenty as FalstaflE's blackberries, why a company, which can furnish absolutely safe and equitable insurance against credit losses, should receive welcome and sup- port, and become, in time, a bulwark of trade.
If such possibilities do not lie within the scope of the system at present operative, or in some modification of it, it is reasonable to think that some other plan may in time be devised, which will extend this valuable privilege to the busi- ness community.
Th
...e companies which have been organized for this purpose have shown commendable enterprise, but they have been unfortunate in stumbling upon hard and unfavorable condi- tions so early in their career. Yet the large number of substantial concerns, in all parts of the country, which have been and perhaps are still their patrons, shows a willingness to sustain them, and manifests the general de- Digitized by Google GUARANTEE OR INDEMNITY. 143 sire for some form of protection against eredit There are many reasons to believe that Credit Insurance will receive a full measure of public confidence and support when, and only when, it has passed through its experimental stages, and settled its foundations firmly upon broad, ac- curate, prudent, and approved generalizations.

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