He that sells upon Credit expects to lose 5 per Cent. By bad Debts; therefore he charges, on all he sells upon Credit, an Advance that shall make up that Deficiency.
Benjamin FranklinI say it is impossible that so sensible a people [citizens of Paris], under such circumstances, should have lived so long by the smoky, unwholesome, and enormously expensive light of candles, if they had really known that they might have had as much pure light of the sun for nothing.
Benjamin Franklin