The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1865-08-24
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Want OF Confidence.
The New York Joiy4aErof Commere,
protests against tho tone of many q
the daily papers, that dishonesty /.
something new under the sun, and thai
the recent fraudsrall, come of the wan
of due vigilance in guarding agains
the birth of this new monster. Dis
honesty, it is said, is nothing new, ant
the same causes will produce like de
velopments in all ages of the world. W.
quote: fiss ntW q
"But n knowledge of this fact is mo-
n warrant for universal distrust. There
can be no society except through the
exercise of confidence m others. Tho
very man who declaims SO LOUDLY
against bank president, or q board o.
directors, for having any faith in cho-
sen subordinates, must allow in him.
self q far binder confidence with less
foundation for trust. He will hire a
cook without eX0cting testimonials OF
her disposition, and drink the coffee
she brings him with no suspicion oi
arsenic! He, places his life, and often
entirely at tho mercy of one he has
never met before. Without such con-
/ 1idence there would be no oeomfort in
| life; and he who scouts it is ignorant or
inconsiderate." tci 7yU sia
In another article, growing out of the
recent frauds and forgerfes, il is said
the best way of preventing frauds is in
carrying out the following suggestions.
They are commonplace enough, but
none the less true for that:
proper example OF Industry sobriety,
and economy to oil who are under your
influence. How can you run riot in
reckless speculatiens, jwanton extrayn-
gance, and fashionable dissipation, and
expect those beneath you to keep all
the commandments on the most meagre
wagesS e9S b.,
in the way of any one. Be us cautious
and guarded and watchful in all your
dealings, year by year, as you are for
the first week after great fraud is de-
ltected. Do not allow one in Your em-
ploy 10 stumble into ruin over an evil
suggestion which your own careless:
ness hts placed in his pnth.
"3. Above all direct your care and
tanNiety chiefly to the prevention of
Ifraud, rather than to its discovery. If
many of you employ half the thought
and expense TO educate those who serve
| you 4OE ~ n1hlGIlll (WHICH Won DeSCQNV
in watching that they do not cheat you,
1t would be better for all concerned.
Crime does not attach to the person like
dust from the highway; it is born with
in, and has its root in the heart. Take
more pains to plant good seed at this
source of all lsmoral action, and tile out
ward conduct will need, notinsurance.
The best security against fraud is the
cultivation of right principles. If you
will aid your clerks in this work by
preeept and example, you may. thus
place them under u higher restraint
than any which man can furnish.'
It is also suggested as a means of Sc
curing employees, that Assurance Soci-
cites might take the place of relatives
and friends in the supply of the neces-
sary security bonds. Thereare q num-
ber of these institutions on the other
side of the water; who undertake to
guarantee the fidelity of those in ser
vice, from the head of a banking house
to the servants in the laundry, for a
graduated. consideration.
Suppose, it is safd, sisuch an insu-
rance company established here in New
York, with the requisite capital to rem
der the security undoubted. Every
person insured is examined, and his
previous history recorded. The rates
Ee F. oSeElls9 me ot tie
the applicant can prodIee. Isin ships
there are all grades of insurance, from
the II first class "A l down to the rotten
enIid M erns s ~ 9b ~ :,
the premium to be paid as a a5ie1laranty:.
Plausible ns this may seem, we con-
| feSS to n great reluctance to see 1T geH-
orally adopted. We dislike the unfver-