Elk City mining news. (Elk City, Idaho) 1903-1913, 1906-09-08
BY THE WAY.


Alfred Sang in Industrial World: 1t
has been said that one man S rights end
only where another mans begin. This
is the only possible Interpretation of
equality of rights, of mutually. This
is the spirit in which we should enter
upon our contracts. Is this the spirit
of the age? The spirit of the age is to
obtain some personal advantage, all be-
cause of the old idea which is univer-
sally rejected and yet persistently ap-
piled in action that one man cannot OBJ
tain an advantage without an injury to
some other man. This may be true in
war and love, the ore remnant of bar
barrie days, the other law unto itself,
but it is not true in commerce, and we
all know it and all disregard this knowl-
edge. Where commerce is carried on
as a warfare and all rules of honesty
and morality are ignored, it may cause
the over-prosperity of one man through
the enslavement of others, but | refer
to that class of honest, progressive com
MERGE in which alone all of us are inter
ested.
Every man attaches a great deal of
Importance to his signature when he
endorses It on a check payable to his
order, especially if the amount is large.
This feeling of Importance stintensified
when he attaches it to promissory
note or to sworn statement. The
factor which intensifies this feeling OF
Importance we usually call "the sense
of honor" and we can take it for
granted that the validity and necessity
of the sense of honor in such cases is
beyond discussion. A contract to sell
or to buy goods, is an express executory
document, and the principles involved
are of the highest order; an easy way
for you to realize this is to read care
fully the wording of any of your owl
contracts when it is being broken a
your expense. A mans honor is a:
fully at stake when he attaches his sig
nature to contract as when he attaches
it to promissory note. If he repudi
ates or openly or secretly breaks thu
contract he dishonors his signature
The financial measure of his action, l
he be the buyer, is the manufacturer
! profit; if he be the seller, it is the diff
ference between the contract and tn
- market price. A definite sum of none,
is at stake, and the breach of contrac
i is, therefore, no more nor less than a
S appropriation of another mans money
+ Some men may smile at the legs
form which some manufacturers adop
: for their contracts. This is not whole
}. some attitude. Let your contracts b
as simple and as short as possible, bu
give them legal appearance, and d
: not omit the legal phraseology, for ths
is just what will help you and the perso
with, whom you make the contract
o remember that the signature is not
n mere dash of the pen, but serious unde1
- taking, in which the integrity of nam
4 and of a reputation are at stake.
A breach of contract is bound to be
- most potent demoralizer and shield IL
y all kinds of malpractices; malpractice
le which in many quarters are accepted {
q regular routine business; fixed habi
=. which drug our sense of right durir
the six days of the week. and create
al personality, though outwardly activ
which selects the easy, but devio'
n method, in preference to that which r
N quires concentration, patience, and Su
day morals on week. days. AS Frank
once said: Tricks and. treachery a
y the practice of fools that have not "
Sc enough to be honestv'
*