Publisher's Synopsis
Excerpt from Credit, Its Principles and Practice: A Practical Work for Credit Men, Presenting the Principles and Practice Involved in Modern Credits and Collections, Together With an Explanations of Bankruptcy Proceedings
It is not to be supposed that any set of rules can be drawn up that will apply equally well to all classes of credit. At the same time it is evident that the underlying principles of credit must in all cases be the same and that the methods developed in. The credit department of one line of business may be easily adapted to the requirements of a line entirely different. For this reason the principles developed in the following pages and the plans suggested for the handling of credit problems, which. Are the result of twenty years of actual experience in the credit office, will, the author trusts, be found generally available.
There is but little literature on the subject of credits. The situation is one not unusual in connection with intense business activities - the experienced credit men have found no leisure to write down the results of their experience for the benefit of others and books are few and far between. The present volume, therefore, requires no apology, and while it is intended primarily for younger members of the profession, the author believes that the experienced credit men will find in it much that is helpful.
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