Rensselaer Union and Jasper Republican, Volume 8, Number 22, Rensselaer, Jasper County, 17 February 1876 — How Defalcations are Encouraged. [ARTICLE]
How Defalcations are Encouraged.
Tub. account of the robbery of the New Brunswick Hosiery Company, and of the way in which the officers of the Company allowed the thief to go scot-free, on condition of his father repaying the company the $142,000 which bis sen had stolen, furnishes another instance of .the most potent agency in encouraging young men to become speculators ana defaulters. This corporation finds that a young man in its employment has robbed it of sl4%r 000 in cash. What do they do? Arrest this dishonest man and put him in tbo wav of receiving punishment? Not aMS of it. They are mack more anxious to get the hole, in their corporate pocket mended than they are to have justice done and roguery discouraged. Therefore they; accept the proposition made by the young man's father, that if hr will pay back the stolen money they will take no steps to prosecute the offender. This Is a direct compounding of the felony, and what is worse, is a direct invitation to some other tempted young men to misappropriate trust feuds and other people’s money. This same course of coUudin* with rogue* and compounding their mmnes so aa to give them immunity from legal consequences has been pursued in acmes .of cases during the last few years, and it has bean the prolific cause of the numerous defalcations and robberies that have occurred. Corporations and business men who take this method of settling with thieves. ■> /-erve no sympathy when they are robbed, and, as long aa this practice prevails, so long will these eflensea multiply. A young man, finding the opportunity to steal money, says to himself: “ Well, T-M have at tsatt two good ehanchts of getting through with this j* unharmed. It may not he detected, UML if not. .. will be all mht; and if L’no caught, I’ll make the- sufferers compromise and let me “ H6w ion* will public sentiment tofiwate this sor*» of encouragement to stmlt-v’srsrp C'l'tp (jf. J.) Fob rheumatism, fake two teaspoonfals of cayenne pepper to a teac-opfal of good vinegar*- h«m together ejowly, but pot quhe boU v »*. Bathe the parts affected... v
