“Rash Business.”

Manawatu Herald, 15 March 1904, Page 3

“Rash Business.”

A correspondent to the “ Manawatu Evening Standard ” under the heading “ Rash Business ’’ writes as follows in reply to an article which we clipped from that paper in a late issue— . Sir,—l observe a paragraph in your issue of to-day criticising the rash manner in which persons without capital sometimes enter into important agreements to purchase. Yonr remarks are, no doubt, justified, and purchasers are often incautious as to the obligations they incur, but do not the same observations apply with equal force to the seller ? In the case referred to, was it not equally rash on the part of the seller to hand over his property on terms extending over a considerable period without first ascertaioiog whether the purchaser had sufficient capital to meet his engagements? It is all very well to pass

judgment on olie parly to the transaction! but if both are at fault both should be blamed. There is no justice in confining condemnation to one only. I am-, etc., FaIrWAY.

It is always the man who is down that gets kicked. No doubt if the seller instead of the purchaser had got into financial difficulties over, the rash transaction he would have been selected as the wiseacre’s target.