19 UA-58907690-1
19
eighteen
months
credit
;
and,
to
those
of
his
con-
nexion,
who
(as
dealers)
have
to
sell
it
again,
at
an
advance
only
of
from
Is.
to
Is.
6d.
per
gallon
;
but,
when
it
is
considered,
that,
with
regard
to
the
latter,
very
heavy
bad
debts*
are
frequently
incurred,
I
do
not
think,
at
the
very
outside,
the
profits
realized
average
more
than
from
five
to
six
and
a
half
per
cent,
per
annum
;
and
the
only
reason
which
I
can
conceive
for
the
sale
of
an
article
(attended
with
so
small
and
disproportionate
a
profit
for
so
great
a
risk
of
loss)
being
continued,
by
those
who
sell
it
genuine,
is,
that,
it
frequently
becomes
the
means
of
introducing
the
sale
of
other
commodities,
to
which
a
greater
remuneration
is
attached
;
in
short,
it
is
what
is
usually
denominated
in
the
trade,
a
leading
article.
Having
thus,
however,
shown
what
the
cost
of
the
article
is,
to
supply
it
of
fair
arid
genuine
quality,
(the
correctness
of
which
must
be
known
to several,
and
may
be
easily
ascertained
by
all
my
readers,)
I
will
now
proceed
to
give
some
examples,
which
will
disclose
to
the
public
the
golden
secret,
by
which
the
placarding
dealers
are
enabled
to
sell,
as
Brandy
at
24s.
per
gallon,
that,
which
costs
about
twenty
per
cent.
more.
*
In
many
concerns
I
know
it
to
be
a
fact,
owing
to
the
enormous
advance
of
money
for
duty
on
Brandy,
which
renders
a
bad
debt
with
this
article
extremely
heavy,
that,
so
far
from gaining
any
per
centage
at
all,
upon
a
calculation
of
the
profits
and
loss
for
a
twelve-
month,
the
loss
has
exceeded
the
amount
of
profits
as
much
as
ten
and
fifteen
per
cent,
and,
in
some
instances,
considerably
more.