THE FINANCIAL SCANDALS.

Wairarapa Daily Times, Volume XIII, Issue 4297, 17 December 1892, Page 3

THE FINANCIAL SCANDALS.

Nover, probably, in the world's history lias an tqually young community suffered ut eomim.'i'cial relapse from over speculation and, in some instances rank swindling such ns Victoria has lately clnonioled. Persons in high places—men who wero generally regaicled as models of probity and stability—are self-convicted jugglers with other people's money, who went in daringly for rash apeculutions, lit'le heeding that confiding investors would have to boar the consequences of probable failure. Permanent Building Societies seetn to have been " permanent " only so long as they wero not called upon to meet their obliga'ions, Buika with high-sounding and comprehensive titles, by inordinate adadvances on insufficient security, or no security at all, have " shut up shop" only when the funds of theii shareholders have been dissipated, The list ot widows and infirm old men and wotneu, of provident people who had fondly hoped they were secure againsti want, but who have been rendorod dependont and penniless by these lamentable departures from integrity and honesty, is truly heartrending, It may be asked what, has led to this deplorable state of things ? Can it be • innate wickedness in the executives of the various institution at fault ? For the sake of human nature, wo will not oredit it. We would rather incline to the opinion that the ruin has been caused by a baseless sense of security—by that blind faith in the doctrine of chance which the almost insolent gambler lo havo no more throw of the dice, one more hazard of all that is left in the forlorn hope of retrieving all that had gone, This false sense of security unfortunately extends to tho con~ sideration of wore important questions than mere wealth. Tho advanco of tho crisis in one's lifo is unfelt or disregarded-we feel secure in the fact that a Btate of good li-altb has been enjoyed—that trifling pain in the sido or back is overlooked We have noprecedent for personal disease, and therefore it is impossible to create one, Bash reasoning this I this overspeculation on tho health of the past taken as a guarantee for the well being of tho future—yet how common it is. Nov. we give a truth so trite as to Ime become almost an axiom. Kidney trouble is the primary occasion of the greater proportion of known disease*, The symptoms are most insidious in their nature—often imperceptible in relation to tho organs mentioned, but generally manifested in other parts of tke body in tho shape of headache, neuralgia, rheumatism, urinary complaints, sleeplessness, ka. &0., H, H, Warner k Co's Safe Cure is the one disinterested liquidator of apparently hopelessly insolvent constitutions, It is an investment that pays more than twenty shillings in the pound, and is likoly to continue to do so, until tho advent of tho last man,