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Domestic News May 5, 1849

New England Religious Herald

Hartford, Hartford County, Connecticut

What is this article about?

Commentary reveals that business people consult newspaper publishers' books to assess subscribers' creditworthiness based on prompt payment of annual newspaper debts, viewing payers as reliable and non-payers as untrustworthy. Includes a quote from an observer calling printers' books a 'credit thermometer.'

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Full Text

A New Fact Disclosed.—We were not aware until recently, that the books of newspaper publishers are consulted, to quite a large extent, by people in business, to ascertain the pecuniary standing of persons. Debts for newspapers come due once a year, and persons who pay up regularly for their papers are regarded as prompt, and worthy of confidence. To ascertain whether a man is good, they find out the paper he takes, and contrive in some way to peep into the account. Men who are good are sure to pay for their newspapers; and if they do not pay for these, they think them not good. We were pretty forcibly struck with the idea. A pretty shrewd observer of human nature said in a newspaper office very lately, "Give me a printer's books, after all, to tell whether a man's good—they're a complete thermometer, sir; a credit thermometer; we always know a man to be bad if he don't pay the printer."—Christian Intelligencer.

What sub-type of article is it?

Economic

What keywords are associated?

Newspaper Payments Credit Assessment Business Confidence Printer Books

Domestic News Details

Event Details

Newspaper publishers' books are consulted by business people to determine individuals' pecuniary standing through their payment habits for newspapers, which are due annually. Prompt payers are seen as worthy of confidence, while non-payers are deemed unreliable. A shrewd observer remarked that printers' books serve as a 'credit thermometer' to identify trustworthy individuals.

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