ose,
by not paying ready money, by 20, you will find that at the end of
twenty years, you have a loss of $2,000, besides the accumulated
interest.

The fathers of the English _church_, forbade selling on trust at a
higher price than for ready money, which was the same thing in effect
as to _forbid trust_; and this was doubtless one of the great objects
those wise and pious men had in view; for they were fathers in
legislation and morals, as well as in religion. But we of the present
age, seem to have grown wiser than they, and not only make a difference
in the price, regulated by the difference in the mode of payment, but
no one is expected to do otherwise. We are not only allowed to charge
something for the _use_ of the money, but something additional for the
_risk_ of the loss which may frequently arise,--and most frequently
does arise--from the misfortunes of those to whom we thus assign our
goods on trust.

The man, therefore, who purchases on trust, not only pays for being
credited, but he also pays his share of what the tradesman loses by his
general practice of selling upon trust; and after all, he is not so
good a customer as the man who purchases cheaply with ready money. His
_name_, indeed, is in the tradesman's book, but with that name the
tradesman cannot buy a fresh supply of goods.

Infinite, almost, are the ways in which people lose by this sort of
dealing. Domestics sometimes go and order things not wanted at all; at
other times more than is wanted. All this would be obviated by
purchasing with ready money; for whether through the hands of the party
himself, or those of some other person, there would always be an actual
counting out of the money. Somebody would see the thing bought, and the
money paid. And as the master would give the steward or housekeeper a
purse of money at the time, _he_ would see the money too, would set a
proper value upon it, and would just desire to know upon what it had
been expended.

Every man, who purchases for ready money, will naturally make the
amount of the purchase as low as possible, in proportion to his means.
This care and frugality will make an addition to his means; and
therefore, at the end of his life, he will have a great deal more to
spend, and still be as rich as if he had been trusted all his days. In
addition to this, he will eat, and drink, and sleep _in peace_, and
avoid all the endless papers, and writings, and receipts, and bills,
and disputes, and