Word: crediting
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Dates: during 1920-1929
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...Colonel McCranie, in which part Rufus Hill is everything that a Southern colonel ought to be, the cast is composed entirely of negro actors who accentuate the distinctive quality of the play. Thomas Moseley fills the difficult role of Abraham, the ill-starred hero of the piece, with credit, while the minor characters introduced as back-ground or as comic relief are so natural and at times so amusing that it is difficult to find any point in which improvement might be suggested...
...sound from the unsound, the real from the specious? When installment selling comes to be measured by these criteria, we may expect to learn that the innocuous and the salutary must not be confounded with the inappropriate and the regrettable, and that, in its ultimate and refined forms, installment credit will be recognized as constituting a significant and valuable contribution to the modern economy...
...Installment credit is beginning to do for the consumer what the gradual development of the commercial banking system has done for the producer. If the credit is restricted to the proper commodities, under proper management, it will gradually throw off its abuses and will stand forth as one of the most signal contributions of the twentieth century to the potential creation of national wealth and national welfare...
Significance. (From the book) "I am convinced that an entirely new chapter is here opening up in both theory and business life. After more than a century devoted to the elaboration . . . and the technique of banking and commercial credit, designed to fit the industrial revolution, we now stand on the brink of another revolution in economic science and economic life, scarcely inferior to its predecessor. If I have succeeded in laying the foundations for a structure devoted to appraising the real meaning of this revolution, I shall be well content to see the stately edifice of the future built...
...soliciting of advertising is the chief criterion of credit in the Business Department. Performance of certain routine duties and office work, and the sale of subscriptions also enter into the duties of a Business candidate...