[Real Life In London, Volumes I. and II. by Pierce Egan]@TWC D-Link bookReal Life In London, Volumes I. and II. CHAPTER XIV 30/32
for the purpose of defrauding tradesmen and others, by all manner of plans most calculated to entrap the parties they intend to dupe. whenever it is necessary to admit of your visits; a Black Servant opens the street-door, and the foot of the stair- case presents surtouts, boots, livery-cloths, a large blue coat with a yellow cape, and habiliments in which the opulent! array their servants.
With these and similar merchant-like appearances Trade is commenced, and persons dispatched to provincial manufacturing towns, to buy various articles; for the amount of the first purchases, bills are drawn upon the Firm, and even before the goods are pack'd up, and sent according to order, the acceptances are paid, and, by this means, credit is partly established, which, once accomplished, they are in want of large assortments for exportation upon credit, at one, two, and three months.
The goods are accordingly chosen and forwarded to their associates in London, where they are immediately disposed of at 20 or 30 per cent, cheaper than the prime cost, and the money realised.
The first bills become due, are noted, and protested.
The second are presented, but the House has stopped payment, and the Owners are bankrupts.
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