Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1899-02-16

except: I'VE
lht. We did not
thing wrong GO
cir duty to know.
Elton which delud-
the idea that they
obseryant. Calling
Tors, they did not d.
opportunity of audit
inspecting the books.
%? Thea they had no
tept the position. 1t
pride of some moneyed
ectors in great many in
md all they know is wheth-
they get their dividends regu.
id their names are used as decoy
ITO bring others near enough to
made game of ssNhat first of all is
ded is that 500 bank directors and
france company directors resign or
nd to their business as directors.
business world will be full of fraud
as long as fraud is so easy. When
arrest the president and secretary
"a bank for an embezzlement carried
for many years, be sure to have
Rnty of sheriffs out the same day to
rest all the directors. They are
iilty either of neglect or completely
oh" some will say. better preach
he Gospel and let business matters
alone." reply, if your Gospel does not
common honesty in the dealings
of men the sooner you close up your
Gospel and pitch it into the depths Of
the Atlantic ocean the better. An or
thodox swindler is worse than hetero-
| doX swindler. The recitation of all the
catechisms and creeds ever written
and partaking of all the communion
chalices that ever glittered in the
churches of Christendom will never
save your soul unless your business
character corresponds with your re-
ligious profession. Some of the worst
scoundrels in America have been men,
bers of churches, and they got fat on
sermons about Heaven when they most
needed to have the pulpits preach that
which would either bring them to re-
| pentance or thunder them out of the
holy communions where their presence
was sacrilege and an infamy.
We must especially deplore the mis-
| fortunes of banks in various parts of
this country in that they damage the
banking institution. which is the great
est convenience of the centuries and in
dispensable to commerce and the ad-
vance of nations. In one hand ii u!esses
| the lender and with the other ii blesses
| the borrower. On their shoulders are
| the interests of private individuals and
great corporations. In them are the
great arteries through which run the
currents of the nations life. They
have been the resources of the thou
sands of financiers in days of business
eXigency. They stand for accommoda-
ton, for facility, for individual, state
and national relief. At their head and
in their management there are as
much interest and moral worth as in
any class of men, perhaps more. How
nefarious. then, the behavior of those
who bring disrepute upon this venera-
BILE. benignant and God honored insti-
tuition!
We also deplore abuse of trust funds,
because the abusers fly in the face of
divine goodness, which seems deter
mined to bless this land We are hav-
ing series of uneXampled national har
vests. The wheat gamblers get hold
of the wheat, and the corn gamblers
| get hold of the corn. The full tide of
Gods mercy toward this land is put
back by those great bikes Of dishon-
orable resistance. When God provides
enough food and clothing to feed and
apparel this whole nation like princes.
| the scramble of dishonest men 10 get
more than their share and get it all
hazards keeps everything shaking with
uncertainty and everybody asking:
what next?" Every week makes new
revelations. How many more bank
presidents and bank cashiers have been
specializing with other peoples money
and how many more bank directors
are in imbecile silence. letting the
perfdy go on. the great and patient
God only knows. My opinion is that
we have got near the bottom. The
wind has been pricked from the great
bubble of American speculation. The
men who thought that the judgment
day was at least 5000 years off found
it in 1898 or 1897 or 1896. and this ma
ton has been taught thai men must
keep their hands out of other peoples
pockets. Great businesses built on bor-
rowed capital have been obliterated,
and men who had nothing have lost
| all they had. | believe we are started
on higher career of prosperity than
this land has ever seen-is and if and if.
If the first men. and especially Chris
tan men, will learn never TO speculate
upon borrowed capital-if you have a
mind TO take your own money and turn
it all into kites. to fly them over every
common in the United States. you do so
ciety no wrong. except when you tum-
Bile your helpless children into the poor
house for the public to take care Of
But you have no right TO take the mon
ey of others and turn IL into kites.
| There is one word hat has deluded
more people into bankruptcy and state
rrison and ruin than any other word in
commercial life. and that is the word
borrow. That one word is responsible
| 10 20 tiops q nd a m bpzzl emo N 1