Excerpt from Mercantile Credit This volume represents an attempt to discuss one branch of the credit family, Mercantile Credit. The theory of credit, and the different kinds of credit are considered only in so far as the treatment of these subjects makes more clear the nature, scope, and functions of mercantile credit. Bankruptcy legislation has to do largely with those who give and those who receive mercantile loans, and for this reason it has been considered of sufficient importance to warrant treatment. While treating mercantile credit from a theoretical standpoint, an attempt is made to view the problems of mercantile credit as far as possible as a business man would view them. For this reason the author has described with much detail the work of the credit man, the organization of his office, the sources of credit information, the forms he uses to secure this information, and the principles which govern him in the granting of credit. He also discusses at considerable length the development of legislation with reference to credit, and the attitude of credit men toward this legislation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.