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Article Video - The Bill of Goods - Sunday, July 30, 2023 By Anna Von Reitz
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Article Video - The Bill of Goods - Sunday, July 30, 2023 By Anna Von Reitz
Back in the day, a Bill of Goods was delivered, the recipient checked the list of items shipped against the goods actually received, and if all was in order, the receiver checked each item off and signed the bottom of the list as "received by" and dated it.
The Shipper was either then paid directly by cash in hand and the Bill of Goods "canceled" by the Shipper or his Agent writing "Paid in Full" across the receipt, and returning it to the Receiver, or, the Agent took the signed receipt back to the Shipper who then applied to a Local Agent for the Receiver for payment.
Either way, a Bill of Goods functioned to inventory and to track receipt of goods in transit, then served as a Bill for services performed, and in the end, as a Second Receipt to confirm that payment for Shipping was made.
It was entirely routine in my youth to receive a receipt stamped "Paid in Full" in red ink whenever we contracted to receive shipped goods.
When the goods arrived, we'd go down to the train station or wherever else the goods were delivered and warehoused, and receive the Bill of Goods (also called Bill of Lading) from the Shipping Agent. We'd check off everything that came in undamaged, note any items that were lost or damaged in transit for insurance claims, and sign off the Bill of Goods at the bottom of the page.
Most of the time, we paid for the shipping in cash on the spot before taking possession of the goods, and the shipper's Agent would apply that big red rectangular stamp: "Paid in Full" and sign the Received by: line that was just underneath those nice words, and also fill in the dateline that was also part of the rectangular stamp block.
The only exception to this system of presenting a Bill of Goods for inventory and signing it off as a Receipt due Payment, was the Collect on Delivery (C.O.D.) process, in which the Shipper acted on good faith to deliver a product that the Received was expected to pay for plus shipping upon delivery. A C.O.D. was often more difficult to collect and so cost more for the endline Receiver.
The shipper's name and address and contact information appeared at the top of the Bill of Goods (or Bill of Lading which was a direct reference to the Shipping Service in particular) and our name, address, and contact information was written in at the bottom of the Bill, with a space for our sign-off signature and date received right beside.
I used to look at these "Paid in Full" receipts with something approaching joy. It felt good to have stacks of receipts saying, "Paid in Full" blazoned in red and all punched onto a spike-like spindle that a little girl could spin almost like a paper windmill.
I never forgot what a Bill of Goods was, how it functioned, and how it was processed, but somewhere in the late 1960's I stopped seeing Bills of Goods. The train no longer stopped at our little town station, and soon, even the freight trains stopped running. The "Paid in Full" stamps and their red ink disappeared.
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