Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1886-10-21

Lururfous Living and Burines
Honor -4aEl Ugh ThtnkinH.

-
Lnxnrfous Living and business
ssonor-4GElah Thinking.
New York star, OF. II.
DOuf Racent Epidemic OF Frauds was
The aableot Of tho fsay. DR.. K. HebeT New
TOMS Discourse al All Saints Church yes
iAfihy morning. IA opening his sermon,
~. Newton rnid that the present season
Wan AZ notable for It's moral AZ It's phyHi-
senl eAfihqnakea. A succession Of defal-
cations hlnoug men Of exceptional char
arsot had startled Tho country, On tho
iist were the nniDea u Eneh men ~ Gray
~ l'oslon. 96nid Of Portland, BRrtholo-
n,ee OF Hartford, and even staid old
rittAHaid. among its solid hills, felt the
adciil trainor. The men who had fallen
had bean apparently beyond the reach OF
temptation, With every safeguard Of social
position 10 keep them upright. Tho lrst
Influence VI Hueh series Of shameful
fails vas 10 despair Apoiity.
Who thon IL 70 bn trusted2 There In,
however, NO nned Of social panic. There
yno dry rnt la society. We hear Of few
who fnil, but no paper chronicles the
fnthfnIneaa " tho vast host whose steRdi-
ness 10 duty ktHps socieiy together. Tho
foot TINT no sensational sheet wires from
Uhicsgu, "'rhe president Of the First
National Bank Ia still NJ his post" signs
10 over pessimlsis the truth that the
failuree In faithfulness are the exception,
not the rule. Our city will transact
affairs tomorrow In many millions In
which you hafo will depend on the
fidelity Of Thousands Of mon all over the
world, and there will be scarcely dishp-
pointment in the trust placed in total
strangers. Mother IRE We worse than
other people. We can anticipate the
yirtuoua indignation of England upon
the outcome Of our Republican institu-
tons. Are our cousins wholly free from
suapiGion2
Did you follow the Plimsoil lnvestign-
iionf n 80 you have learned n trick
cutter than the snartest Yankee notion.
We load stRnoh ship with a valuable
easeD aud make ns quick u run M possible
to u, .s-,aoI, but orr good cousins load
dummy cares sNn orhSy hulkH and con.
sign Il 10 the bul,om OF the senH, recover.
ing q heavy insurance. Herbert Spencer
says that The English run 10 petty vices
intrRde while we develop colossal frauds,
Nor IN trade worse than Of old. We shall
search in vain for the good old days wher
thoreware no tricks Of trade and no bank
ruptnieH Ia character. In the heroic day
Of the revolution there were shoddy con
tractors for our Continental army. Ed
wnrd III. had to pass laws against corner
mfood. Even the chosen people abounde,
In such dealings, and we see them de
nounced by the prophets. The fact
there has boen steady growth upon th
whole Of modern history IN the ebaracte
of business; certain virtues have beef
educated to point never before know
aa notable truthfulness. We have still nee
Of much greater illumination OF con
science.
We can best further an improvement /
business morality by altering the cond
tlona our boards OF directors must /
some wRy direct In nearly all late il
stances Of defalcntions the boards were {
much astmished As the public. II me
are too busy to give some eye to the maj
ngement Of their institutions, they shout
not lat their numes Goat them into ruiz
We must trust largely the men NJ Il
head OF nifairs, but we must in some WI
witch them, too. il is wrong to tru
any one in fiduciary affairs ahsOlulel
Our grent commercial and trade assoc
tionE cnu do much toward foTtifyi
honor. We may learn lesson from
old time guilds which rcsolutely :
themselves 10 tho task Of fost
Ing craft pride nnd trale honor, n
ne resolutely saw Go Furnishing l
men AMI tricky ways. Such act
M the Stock Exchange has taken
several instances Of late would might
brace up business honor. Action
urgently needed 10 restrain our wild sp
ulation action which the state liz pow
leHs 20 take, but which our exchanl
could take safely and successfully.
all may lend hand In the checking
our present tendencies 20 luxury ,wher,
the feyerish haste 90 he rich is fed
every circle. Contrast New York no
OF today with that OF generation a
and a tale will he told bearing directly
the question before Ms.
II IL hard enough 90 win mod
livelihood now tits we'll nigh impossi
90 keep MP with the style in well 20
rlrclcs without y Rtrnin which tenn
AlA Ruido into illegitimate speculate
Eettm tWn &n Tie preaching Of
Blpi'a es1il no fashion ior return
tjpitW ts{ti sS} NIGH thinking w
would Grnys temptation inve been in
Boston Of the old time days. We II
not pay indiscriminnte homage to wea
Wealth won ia entitled 10 social ho
but wealth IN won deserves social dau
tion. There is dollar clean md hri
honor bright There is dollar ihi
remeltedwith tln smoke OF dark scht
and stained with the blood Of wild
and orphans 10 make no distinC
between them is 60 confuse cousci
and debauCh society,
The people Of England distinguish
tween tho duke who owes his acres
and his title ~ the easy virtue Of a
tress of Charles II, and the duke
wres,ed from King John the Nj
Cbarta Thus Yet us distinguish az
wo can in our aristocracy Of the iollc
10 the credit Of our city he IL said
there are mon among us all Of whose
lions cannot opcn the doors 81 orr
society. Lot this social policing
pushed fattlrcr Everything which
oroases social appreciation OF others.
money, makes for higher moralit,
business Let literature, and art
music and science he honored and
ness will he less dish ored