With some knowledge of the administration of the bankruptcy laws in Wellington, we can say that most of the blame for the inadequacy of the law rests on the shoulders of the creditors, who never seem to back up the Official Assignee, in dealing with the worst cases that come up. Mr Tansley, who occupies that position, is a careful, painstaking, efficient official, and he makes no bones about calling a spade a spade when suspicious cases come before him. But the creditors listen (nfotentively, de-. plore the dishonesty of the bankrupt, shrug their shoulders at the possibility of a prosecution, and show plainly that they consider the first loss the best one! It may be that some of them-are afraid that they may be in the same boat themselves some day, and so the offender against commercial morality gets off scot free. _ It is ridiculous to talk about altering a law with the idea of making it more strict, when the mien most concerned honour it more in the breach than the observance.—Feilding Star.
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Shannon News, 21 January 1924, Page 3
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175Untitled Shannon News, 21 January 1924, Page 3
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