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Travel back in history 80 years in this Chronological History of Benton Rural Electric Association.
The Prosser Record Bulletin (Prosser, Wash.) documented the beginnings of a new and life-changing electric cooperative to come to Benton County in the 1930s. “Residents along the hillside, from Byron to Mabton, along the Benton Power line, are rejoicing over electricity turned on in their homes last week.” Printed in the Prosser Record Bulletin on April 27, 1939.
The exporter can then obtain his payment promptly by selling the bill (or acceptance) to his bank at a discount.
The buyer has obtained time (until the bill’s maturity date) to dispose of the goods and obtain the funds to meet his obligation.
People are dropping to trailer floors like flies in Slab City: two to the hospital with kidney failure, and 12 others begging the gods for mercy.
The people drinking directly out of the Coachella Canal that has flowed a thousand miles down dirt and concrete banks from the Rockies don't get sick. A less than expected inflation in America is good for America or bad for America?
People get ill from the bacteria killing chemicals in the Community Center and other town water, the 125F in-the-shade heat, and from drinking 5x the normal daily consumption of chemically poisoned water due to a rabid thirst and the body demand to dilute the poisoned water by drinking more water. A less than expected inflation in America is good for Euro or bad for the Euro?
The cooperative celebrated its 80th Anniversary in 2017.
That same year marked 20 years of providing internet and computer networkings services through its subsidiary Power NET.
If the bill is drawn against and accepted by a bank (commonly done when the buyer is not a widely known firm), it is called a banker’s acceptance.