Rensselaer Standard, Volume 1, Number 15, Rensselaer, Jasper County, 27 September 1879 — A Debtor’s Device. [ARTICLE]

A Debtor’s Device.

Argonaut. ' A gentleman of San Francisco lias devoted a great part of the time he has spent on the Pacific Coast in contracting bills, which he does not find could be conveniently paid when due. Having lived in California since ’59, and being what iscalled "agenerous liver,” he has numerous creditors, and the sum of his debts is respectably large. Some years ago he determined to attempt he gradual payment of all his liabilities. Endowed with a fine sense of justice, it puzzled him to decide upon a plan of liquidation that woidd be fair and equitable to all his creditors. After a long consideration he hit upon a method which he found entirely satisfactory. He explained his plans the other day to one of his recently-a c quired creditors. A bill was present e him with a request for immediate payment. He took the account, and carefully checking all the items, and footing up the long column of figures, found all correct. Then he quietly and neatly folded up the bill and filed it away in a pigeon-hole marked " W.” Turning to his waiting creditor, he explained as follows: "Mr. Williams, it will be some time yet before your Dill vill come up in the regular order, but you may depend upon my attention. Some years ago I adopted an alphabetical system of paying off my indebtedness, and I nave now got as far as C. Don’t trouble yourself to call again. As soon as I get to W, I will call upon you with the amount.” Struck with the debtor’s systematic and equitable method of doing business, the creditor hopefully withdrew.