Rensselaer Union, Volume 10, Number 32, Rensselaer, Jasper County, 25 April 1878 — The People Over the Rhine. [ARTICLE]
The People Over the Rhine.
Orcr the Rhine the inhabitants, m: n, Wtwieß bBiI children, wfthe ptasahtrw r.ml middle classes, are characterized by habits of industry, economy ami frugality. Few sire idlers, few spendihrifis. and the proportion of pauperism as compared with that of niany other peoples; is remark ably small. Over ihe Rhine business failures are seldom known, from the fact that business Is conducted on sound ’principle s. The man who would speculate Wildly ot ruti deeply info debt is regarded' n-iih suspicion as being iiTtle if any better than a villain and knave. Should a tradesman offer to dispose of his wares on credit, without security or iuier-c-bt, to anybody and everybody, be would l>c thought a lurtalic for the protection of whom a guardian or trustees should be .appointed. Normtin Warner is much of the upi&kon that the pe.q ie cv r the RLiue arr sound in these view*, practical and worthy of imitation; therefore lie has discarded the credit system and hereafter will do business upon on exclusively cash basis. By this reform lie will be able to sell every variety of hardware, cabinet furniture, hat ness and other artiofcs in which he deals much cheaper than any ifadesma'n who clings"l6 the lunatic system. Settle mem of old ac-e-ounts, if made immediately, may be made with gold or silver torn, greenbacks, nn- • tonal tank currency, corn, or notes of iuind. Matured notes may be paid, if immediately, with corn. And this mucli for !be good example of tbe prudent peoptu over the Rhine.
