The Progress. [volume] (White Earth, Minn.) 1886-1889, 1888-09-01
ABOUT DEFALcATIoNs.

ABOUT DEFALcATl oNs.
Practical Suggestions for Bsnkers, Manu-,
facturers and Merchants.
II 1s the current opinion of many
that large proportion Of the bank
stats Of this country are corrupt,
which they claim is evidenced by the
downfall Of 50 many bank officials
This is a great error. The fact Is
that the profession harbors com
paratively few black sheep. The
wonder is that, considering the great
temptation thrown in the way of banb
officials, and the seemingly Unsuitable
thirst for riches, the instances Of fraud
and defalcation are SO rare. Were the
watchfulness and discipline kept up ia
their proper extent with all employees,
whether one year in the bank OF
twenty years, it is safe to say fraud
would be even less common. But
thanks to human nature, the man who
works for another for ten or twenty
years will in our free country natural.
" be looked upon by him more like 6
friend and partner than clerk, ana
supervision will gradually grow less
and finally cease. It is only right tc
trust a man who has haen for years :
faithful servant, as long as there is
nothing in his mode of living and in
his expenditures to invite s,1snicion
Because one man goes astrav ilistr,s !,
must not fall on the thousands nf hon.
est and upright men who helped Il
make banking what it now is in the
United States-a profession by far SUI.
perior in ,nodus operu7,1i and facilities
granted the public to anv THING Of its
kind in all other countries.
To avoid corruption, first remove
temptation by paving liberal salari.;
to all YOUR clerks from tho Gas "a,
down. All Of them have more o.. les.
a chance to defraud YOU, and NAV be
tempted to do Sol if thew apo aynoctad
to keep up appearances on an made.
quate salary. The higher officials
especially, often have occasion to
spend money in social intercourse tor
the direct benefit of their hank which
expenditures c,,t deenlv info their
respective incomes I. This is ] no;n,
which 7 wish - hr;nr nor+io,,1s u :
home to tba diraotn,,s - lxaa,rs y
THOROUGH 81 cler;ca1' sus+an, rbaro -, ;.
mar acts az obao,- - 1 otL =. -: :
one 81 the praatast saf aa,,.rds r.
this regard Let me maLa" > fas s,,,.cas
tions. let the m.nonor ~ 5e.,,
count the cash il narson u 1east onoa
al.month without ua nm; - - +,o oosh;o,,
and compare + With The ,casbbool
likewise have him chacL bis disoo,,r+s
against the bills rece;vahla account
item bv item. at freonent, ner;ods T.
he will think hack ~ the t;na uhar
he was a clerk himself and wor1-ed
hard he won't 1rnh,e ~ srana;nr =
few EVENINGS in +h,,s ooo,,r,1,;no. z;
time The balances slo,,ld hs stn,o1.
fno,, bo+b 49, oana.I 20 ;a:-.:,.1
,edre,.s evo,,1, =, 800, - a1a,.,- ~
Than the rag,n,1a,. 1b,o.c1.l~aa ne,s 49,
,,anda,+ IL +ha ! ~, ha1a,,oa, M
coming h,nl, state,n an+sz sho,,,a IL ~
amined bv the same clerk and 1aroo,
differences renortad - fine n,as;den+
who should call on the cashia, for ax
plantation. Statements; to c,,stn nere
and hanks ond tho m,,i+ i,,cr NM, Is ,,o,,
n = Pe'S'
BOOKS, should not pc o = made out by the
-h@N -<el1, - Il
spectiye set Of ledgers. bnt nv q
clerk indenendent If tho former
Compulsory yearly vacation ON fill
paw. Of course. il one of the hast meth.
dds of nravontinr -, do+oa+;n = ,,oo.,1a