Show The Morality of Failing It is better to be robbed than to be a robber And sometimes it is better to fail than to succeed This thing called failure is not such fearful thing as the prosperous world would suggest it to be Failure is only lesser success All men can not organize a triumph Defeat is the fate of many The only successful failures are the ones that are honestly made When a mans judgment has miscarried and brought him a wrong issue he is not to be outlawed for it When the misfortunes or cussedness of others drive him into defeat there is no reason why he should be hated The world will have charity for the failure where it has been inevitable and honest It hates a sham failure even worse than itdoes a sham success There is one feature connected with failures practiced I prac-ticed by nearly all failing concerns but that does not make it any less objectionable objec-tionable We refer to the custom so universal with all failing firms and institutions in-stitutions of preferring wealthy credit ors The question naturally comes up Why should they be preferred When a mercantile house fails it usually prefers pre-fers its banker and fixes everything up with him jo that he is no loser When a bank fails it has been observed that it always prefers its large rich creditors This system is corrupt in morals and manifests a contemptuous deference to wealth that is humiliating Why should any failing concern prefer the wealthy over the poor Every settlement should be promoted as a matter of justice but if any leniency favors are to be shown they should be extended to the poor The rich can sustain their loss They have other resources and larger opportunities oppor-tunities but thepoor have the lastprop taken and know not where to look for another Why should large creditors be satisfied first of all The world has got all wrong on this business transaction transac-tion If intends to be honest and just it must turn around Public opinion must make it unpopular because it is wrong for banks and merchants to shield and favor the rich and powerful while they oppress the poor and the weak How much better it would appear if the bank had treated all of its customers alike Let the wealthy stand in with the poor and take their cahnces The wealthy man who has divided his money placing a parcel in one bank and some in another can recover the loss of one division of his wealth far better than the needy man or the poor widow who do not have enough to parcel out but must trust all in one venture and if they lose there they lose all If any class of debtors are to be preferred common hone0 would oiagcjoot tnat it snould be tIle ones least able to meet losses Of this class are the poor Any other payment pay-ment than on a pro rata basis is unjust and unfair to them In the matter of settling with creditors there is room for an improvement in the morality of failures fail-ures Indianapolis Herald o |