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"But by the advice of my old friend, the merchant, I adopted, and have constantly adhered to, a totally different plan. When I buy anything I name what I consider to be a fair price for it; the seller either accepts my offer at once and without discussion, or refuses.
Five minutes later the buyer and seller of the Grand Babylon Hotel had each signed a curt document, scribbled out on the hotel note-paper. Felix Babylon asked no questions, and it was this heroic absence of curiosity, of surprise on his part, that more than anything else impressed Theodore Racksole.
"You'll see a fight now between the first seller and the first buyer in the country," said Dodds's acquaintance. "They are a beautiful string, anyhow. I shouldn't be surprised if he didn't average five-and-thirty pound apiece for the lot as they stand." The salesman had mounted upon a chair, and his keen, clean-shaven face overlooked the crowd. Mr.
Money, being a means of happiness, should make both parties happy when it changes hands; rightly disposed, it should be twice blessed in its employment; and buyer and seller should alike have their twenty shillings worth of profit out of every pound. Benjamin Franklin went through life an altered man, because he once paid too dearly for a penny whistle.
If the land should be conveyed by the seller to a subsequent purchaser who should get his deed first on record, such purchaser would hold the land, unless, before purchasing, he had had notice of a sale and deed to a prior purchaser. In some states, a reasonable time is allowed a purchaser to get his deed recorded before he loses his right of possession by the earlier recording of another's deed.
Talk waxed furious, the birds were placed by the side of the road, and T'ong, now white with seeming rage, threatened to hit the man. It turned out that the plaintiff was the seller of the birds, and that T'ong had got them too cheap. "That man no savee. He thinkee you, master, have got plenty money. He b'long all same rogue. I no b'long fool. I know, I know."
And there is that evil notion which still afflicts economics that when two trade one must lose. The fact is that, in all honest trade, buyer and seller gain alike; and fair exchange makes all who participate in it rich. It is so in all real relations between these half-creatures we call men and women. In agreement, association and coöperation lies strong and significant life for both.
The tables and booths in the market places should be presided over by pupils dressed as Puerto Ricans, and venders should go about the room, after the entertainment is over, with native wares to sell. Among these venders will be the bread man, the milk man, the fruit and vegetable man, the dulce seller, and the vender of ices.
It has been said that the sale must be absolute and unconditional; so that a sale under a condition to re-convey at the end of the war, is invalid. Similarly, where the seller is bound by his own government under a penalty not to sell, except upon a condition of restitution at the end of the war, and the purchaser undertook to exonerate the seller, the sale was held invalid. Contraband of War.
There are banks and brokerage firms that make a specialty of bonds, and most of these houses are entirely reliable; still, the novice in such things would do well to investigate for himself before investing in any bond recommended by any seller. It is the purpose of the seller to sell; it should be equally the purpose of the buyer not to be "sold."
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