PRESS OPINIONS.
Solicitors, land agents, and auctioneers are by the mature of their business frequently temporary trustees of money passing from or to clients. It is a. wise provision of the law that the agent who is in the position" of a trustee should not be permitted to use trust money in his own business, amd that the person whose money is thus held in trust should be protected at all times against the temporary embarrassment of an agent acting as trustee. The sharebroker, buying and selling shares oil commission, stands iro the same relation, to his clients as the land agent or the auctioneer, and he should be (under the same obligations in respect to money held in trust.—Auckland (Herald.
It is a good thing for New Zealand that the belief that every duty undertaken by a public man for his fellow-citizens should be paid for in cash has made little headway, and that there aire still imany. spheres in which unselfish, public-spirited patriotism can find an opportunity for working for others, aind many men willing to sacrifice time and energy in that cause.—Ohristchurcli News.
The disciplinary methods of the Amokura may have ibeen simple, as is usual on the sea, but the suggestion i® disproved that they have ever been unnaturally severe. The proof of the system is in the product, which in the Amokura's case has been, as many parents and shipmasters have admitted, a sober, manly type of youth, such as is seldom indeed produced by either brutality or coddling. —Timar-u Herald.
For all Mr Fraser or Mr Massey knows, Mr Allen may have commitr ted the country to paying 4£ per cent on 10 or 12 millions for 30 or 40 years. The suggestion that he has done v so overshadow,s all Mr Fraser's other allusions to the financial affairs of the Dominion, and gives the public' additional reason for waiting Mr Allen's return with impatience and anxiety.—l/yttelton Times.
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Wairarapa Age, Volume XXV, Issue 10713, 1 May 1913, Page 4
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324PRESS OPINIONS. Wairarapa Age, Volume XXV, Issue 10713, 1 May 1913, Page 4
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