VALUELESS CHEQUES
BUSINESS MEN’S LAXITY.
Auckland, May 10,
“Judges and Magistrate’s have commented until they are tired on the ease with which valueless cheques can be passed,” said Mr. J. S. Barton, S.M., in an address to the Chamber of Commerce. “Not only are cheques cashed but swindlers borrow cheques and ink to write them. Why do business men accept these cheques? Because they say that cheques presented are usually good and they can pass on the loss on bad ones.”
Mr. Barton said he had actually heard from witnesses in the Court that such losses did not matter. They were passed on to the consumer. “You are leaving grounds for the harbouring of suspicions as to how you make your profits,” he added. “You must remember that ill-informed minorities have often become majorities, which have overturned social and economic systems.”
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https://paperspast.natlib.govt.nz/newspapers/MH19280512.2.29
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Manawatu Herald, Volume XLIX, Issue 3791, 12 May 1928, Page 3
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141VALUELESS CHEQUES Manawatu Herald, Volume XLIX, Issue 3791, 12 May 1928, Page 3
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