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Collection: Schweitzer-Guggenheimer Letter Collection
Author: Isaac Schweitzer
Recipient: Hermann Bach
Description: Isaac Schweitzer to Hermann Bach, September 30, 1898.
Isaac Schweitzer to Hermann Bach, September 30, 1898
English Text
[Probably Frankenthal] Sept. 30, 1898 Dear Mr. Bach: I have your worthy [letter] from September 28 in my possession and have to reply. It is not unknown to me that my nephew, Mr. Hirsch in Speyer, owes your company a larger amount since I know the situation very well. I saw the inventory from June [Jan.?] 1, 1898 which is satisfying. That Hirsch expands the deadline can be explained with the fact that he expedites [and] stocks your products. He works exclusively with you, knowing that you are able to give larger credits and longer deadlines. Unbeknownst to you he also engages in tailor-made clothes and the worker and the tailor have to be paid every week which absorbs a portion of the cash revenue. The tailor-made work is the most costly, it is not paid immediately, on the contrary. The civil servants [illegible] though they are fine, they pay slowly. [illegible]* Mr. Hirsch’s arrears are good, but big enough to pay off all his creditors completely if he would be paid off by his debtors. These customers, who expect [illegible]* a lot and who are also friends cannot be partners [illegible]* if he wants to continue running his business otherwise [illegible]* customers are lost. These are the reasons why [illegible]* beginners in the first season more time, longer [illegible]* have to [illegible] and are allowed to request. [illegible]* [illegible]* * we trust [illegible].* I can give my word of honor that you can be without worries, you will always get your money, there is no danger in any way, and for the time being patience comes first. In a few years he will be able to pay much prompter than now. […illegible ….] has thus his business. There can be no question of a guarantee on my part, since there was no reason for it. If anything unfavorable exists, I w[ould] not conceal it from you, but let you know frankly. I hope that these disputes [illegible]* [illegible] as soon as you are reassured yourself and Hirsch is not [illegible]* but as already mentioned, you will get paid [illegible]* Thaler penny [illegible]* if you can wait [illegible]* the Val Perron bills of exchange are as good as cash. Hirsch told me himself that you will obtain [illegible]* larger repayments but [illegible] bills of exchange [illegible]* at the next personal meeting, valuable details about the pecuniary circumstances [illegible]* which will reassure you, in the meantime [illegible]* you just continue. With best regard I. Schweitzer