12,922. Do you find it difficult to get the hosiery sold at a profit when you buy it on that system?-Yes.
12,923. Have you been obliged to sell it at something like the price which you paid for it?-Yes, we don't look for a profit upon hosiery.
12,924. Then why do you deal in it if you don't look for a profit?-Because it gives the people a chance of getting cash for it, and then we have a chance of getting the cash again.
12,925. I suppose that generally you do get the cash again?- Generally we do; but that is quite optional with the people themselves.
12,926. Do you pay for hosiery in goods at all?-If they ask for goods, of course we give them goods; but if they ask for cash they get it. That is the way in which we do all our business. We put the goods that we buy at cash prices, and we put the goods that we sell at cash prices, and it is a matter of indifference to us whether they ask goods or cash.
12,927. But, in point of fact, the hosiery may be paid for in goods, and no cash may pass if the party so chooses?-That may happen, but we don't do it as rule. As a rule, some other party buys the hosiery who knows better about it than I do, and hands the cash to the party from whom the hosiery is bought, and then they are at liberty to buy from us, or from any other person they like.
12,928. Are the eggs which you buy paid for on the same principle?-They are paid for in goods or cash, as the parties wish.
12,929. But the custom of the country is to pay for them in goods?-That is the custom of the country.
12,930. Do you generally find that the people who bring them are content to take the price, or prefer to take the price of them in goods?-They often take the price in goods, because they want them, but at the same time that is quite optional with themselves.
12,931. Are there not two prices for these things, whether they are paid in goods or cash?-Some parties have two prices, but we have not. We have only one price. We often prefer to pay the people in cash when they really want goods, because it saves a great deal of trouble in settling with them, and then they buy goods again.