Virginia gazette. [volume] (Williamsburg, Va.) 1893-192?, 1899-02-11

,.itA ssiotic stare. a1d 10 the inquiry OF '
he frenried depositors and stock Y
nold,r. who had lost their al and &c Z
,he .rrairnnsnt OF an indignant pub c
a. lad nothing 10 say except; We I
thought a was all right. We did not 1
know there <ss anything wrong go
luz or II was sheir duty 20 know. I
They stood In q position which delud-
= the people With the idea that they {
we're carefully observant. Calling
themselves directors. they did nc Ci
rect. They had opportunity OF av,.ii-
ing accounts and inspecting the boDls-
No time 70 do so? Then they had no
business TO accept the position. II
seems 10 be the pride OF some uoneyeJ
men 10 be directors in great many in-
stitutious. ard all they know Is whcth-
er or not they get their dividends r,gu
lerly. and their names are used as deco.
ducks TO bring others near enough o.
be made game OF. What first Of oil is
needed Is that 600 bank directors and
insurance company directors resign or
attend 20 their business as directors.
The business world will be fun OF fraud \
Just as long "a fraud IS 80 easy. hc~ /
you arrest the nrcsideut ard sccrt $50
of bank for IN embcrzle meut carrie, I
on fer many years. be sure 20 have |
plenty OF sheriffs out the same cay o. |
arrest an the directors. They are
guilty either OF neglect or completely
"Oh." some yvir say better ar lch
+ the Gospel ard let business matter
/ alone" reply. II your Gospel doe ne
inspire common honesty iu the dealing
OF men the sooner YOU close up your
/ Gospel ard pitch IL into the depths of
| the Atlantic ocean the better. An or
| thoLoN svsindler is worse than hctcro-
dox svindler. The recitation of all the
catechisms and crceds ever written
ard partaking OF all the communion
chalices that ever glittercd in she
churches OF Christendom viii never
save your soul unless your business
character Corresponds with your re-
hgious profession. Some Of the worst
scouudrels in America have been mem
bers OF churches. and they got Fat on
sermons about Heaven when they most
needed 20 have the pulpits preach that
which would either bring them 20 re-
peutance or thunder them out Of the
holy communions where their presence
was a sacrileCe and an infamy-
We must especially deplore the mis-
fortunes OF banks In various parts OF
this country in that they damage ths
banking institution. whieh is the great
est convenience OF the centuries and IN
dispensable TO commerce and the ad
vance Of nations. In one hand IL 0!essei
the lender. and with the other il biesse'
the borrower On their shoulders ar
ind ffr.fff u "a ~
great corporations. IN them are tn
: great arteries through which run tn
currents OF the nations life. The,
have been the resources Of the thou
sands OF fnauciers in days OF busines
exigcncy. They stand for accommoda
!, tion. for facility. FOR individual. stat
- and national relief At their head an
in their management there are a
much interest aud moral worth as j
any class OF men. perhaps more. Ho'
nefarious. then. the behavior Of thos
who bring disrepute upon this vener'
BILE. beniynant and God honored inst
= tution
= We also deplore abuse OF trust fund
- because the abusers fly tn the face I
divine goodness. which seems dete
mined 10 bless this land. We are la
3 ing series Of unexampled national la
- vests. The wheat gamblers get ho
- of the wheat. and the corn gamble
- get hoiG OF the corn. The full tide
Gods mercy toward this land IS p
-, 80 back BY those great dikes OF dishO
nc orable resistance. When God provid
enough food and clothing TO feed al
apparel this whole nation Ike primes
no the scramble OF dishonest men 10 &
more than their share aud get II
sn hazards keeps everything shaking wi
pc uncertainty and rybody askin
nc What next?" Every week makes N
revelations. How many more ba
NJ presidents and bank cashiers have be
Speculating with other peoples mon
and how many more bank directS
S~' are IN imbecile silence. letting
perfdy 20 on. the great and patis
on God only knows. Ny opinion is n
INC We have got near the bottom. I
la wind has been prieked from the Er'
ssh bubble Of American speculation. I
'n- men who thought that the judgn'
4 70 dav was at least 5000 years OF fSu
de- il in 1895 or 1897 or 1896 and this
nat ton has been taught that men m
."o keep their hands out Of other Feop
ner pockets. Great businesses built sn b
III rOwed capital have beeE 5bliterat
or and men who had nothing have
Oh ali they had believe We are star
on & higher career of prosperity u
WI this land has ever seen--if and IL Inc