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VALUELESS CHEQUES.

AUCKLAND, Alay 10. “ Judge and magistrates have commented until they are tired of the ease with which valueless cheques can be passed,” said Air J. S. Barton, S.AI., in an address to the Chamber of Commerce. “ Not only are cheques cashed, but swindlers borrow cheques and ink to write them. AA’hy do business men accept those cheques? Because, they say, that cheques presented are usually good, and they can pass on the loss on the had ones.” Air Barton said he had actually heard from witnesses in court that such losses did not matter, as they were passed on to the consumer. “ You are leaving ground for the harbouring of suspicions as to how you make your profits,” he added. “ You must remember that ill-informed minorities have often become majorities which have overturned social and economic systems.”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19280515.2.310

Bibliographic details

Otago Witness, Issue 3870, 15 May 1928, Page 72

Word Count
139

VALUELESS CHEQUES. Otago Witness, Issue 3870, 15 May 1928, Page 72

VALUELESS CHEQUES. Otago Witness, Issue 3870, 15 May 1928, Page 72