Daily Yellowstone journal., 1889-03-17

stock gambling rapids Of Wall street.
How often il is that you have known
the man to whom trust funds were
committed taking them out Of the saw
ings bank and from trust companies,
and administrators, farming old home
steads into hard cash, and then put
ting the entire estate into the vortex
of speculation. Embezzlement Is an
easy word TO pronounce, but it has ten
thousand ranifc9lions Of horror.
ABUSE OF TRUST FUNDS.
There is not a city that has not suf-
fered from the abuse of trust funds.
Where is the court house, or the city
hall, or the Jail, or the ~postotiice, or
the hospital, that in the building of it
has not had a political jobl
Long before the new court house in
New York city was completed, il cost
over Sl2, 600, 900. Five millions six
hundred and sixty-three thousand
dollars for furniturei For plas-
tering and repairs, S~2,370,OOO.
For plumbing and gas works,
81 31, 617. For awnings, $685.
$50. The bills for three months com
ing to the nice little sum of $40, ISL
19S. 80. There was not an honest brick,
or stone, or lath, or nail, or foot Of
plumbing, or inch Of ~plastering, or
ink stand, or door knob in the whole
establishment.
That bad example was followed in
many of the cities, which did not steal
quite so much because there was not
SO much to steal. There ought to be a
closer inspection and there ought to
be less opportunity for embezzlement.
Lest a man shall take a five cent piece
that does not belong to him, the con-
ductor on the city horse a must
sound his bell at every payment, and
we are very cautious about small of.
lenses, but give plenty Of opportunity
for sinners on a large scale to escape.
For a boy who steals q loaf of bread
from q corner grocer TO keep his mo
ther from starving TO death, a prison
but for defrauders who abscond with
half a million of dollars, a castle or
the Rhine, or, waiting until the Of
Tense is forgotten, then a castle on the
Hudsonl
Another remark needs TO be made
and that is that people ought mott g
into places, into business, or into posi-
tons, where the temptation is might
Ter than their character. If Their
be large sums Of money TO be HANDLED
and the man is not sure of his own in
tegrity you have no rightto run an un
seaworthy craft into an euroclydon. A
man can sell by the sense of weakness!
or strength in the presence of q bad op
portunity whether he is in a safe
place. How many parents make al
awful mistake when they put theil
boys in banking houses and stores and
shops and factories and places of sol
emn trusts, without once discussing
whether they can endure the tempta
ton. You give the boy plenty of mo
ney and have no account Of 1t, ant
make the way down become very easy
and you may put upon him a pressure
that he cannot stand. TheIe are mel
who go into positions full of tempta
ton, considering only the one fac
that they are lucrative positions.
say to the young people here thii
morning, disonesthy will not pay in
this world or the world to come.
An abbot wanted TO buy q piece o.
ground and the owner would not sci
it, but the owner finally consented Il
let it to him until he could raise ON,
crop, and the abbot sowed acorns, {
crop of two hundred years. And
tell you, young man, that the dis
honesties which you plant in YOU
heart and life will seem TO be very in
significant, but they will grow W
until they will overshadow you witt
horrible darkness, overshadow all tim,
and all eternity. It will not be a croI
for two hundred years, but a crop fol
everlasting ages.
/ stand this morning before many
who have trust funds. 1t is a compli
ment to you that you have been 81
intrusted, but ! charge you, in th,
presence of God and the world, b,
careful; be a. careful Of the property
Of others as you are careful of you
Owl. Above all, keep your own pri
vate account at the bank separate
from your account as trustee Of ar
estate, or trustee of an institution
That is the point at which thou
sands of people make shipwreck. They
get the property of others mixed vi
with their W property, they put i
into investment, and away it all goes
and they cannot return that which
they borrowed. Then comes the ex
plosion and the money markets. shak
en- and the press denounces and thu
church thundersexpulsion. You hav,
no right TO use the property Of other
except for their advantage, nor with
out consent, unless they are minors
II with their consent you invest theil
property as well as you can, and it il
Al lost, you are not TO blame, you die
the best you could; but do not com,
into the delusion which has ruined 81
many men, of thinking because 1
thing is in their possession, therefor
it is theirs. You have q solemn trus
that God has given you. In this vas
assemblage there may be some whc
have Incorporated trust funds
Put them back, or, il you have 81
hopelessly involved them that yol
cannot put them back, confess Thu
whole thing TO those whom you hav,
wronged, and you will sleep bette
nights, and you will have the bet
ter chance for your soul. What {
sad thing il would DO if, after you ar,
dead, your administrator should fine
out from the account books, or from
the lack Of vouchers, that you werS
not only bankrupt in estate, but tha'
you lost your soul; II all the