The ball and
chain, quite as often as repentance and forgiveness, ends their
experience.
No young man takes a position in a banking-house with the deliberate
intention of becoming an embezzler. He knows precisely, as well as does
the reader, that if he listens to the whisper of temptation he is
lost--and so does his employer. Yet the employer, who would hold himself
remiss if he allowed his little boy to have the run of the jam-closet
and then discovered that the latter's lips bore evidence of petty
larceny, or would regard himself as almost criminally negligent if he
placed a priceless pearl necklace where an ignorant chimney-sweep might
fall under the hypnotism of its shimmer, will calmly allow a condition
of things in his own brokerage or banking office where a
fifteen-dollars-a-week clerk may have free access to a million dollars'
worth of negotiable securities, and even encourage the latter by
occasional "sure" tips to take a flyer in the market.
It is a deplorable fact that the officers of certain companies
occasionally "unload" undesirable securities upon their employees, and,
in order to boom or create a "movement" in a certain stock, will induce
the persons under their control to purchase it.
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