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108 T H E LEADER. [No. 410, January 30,1...
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JS4K£fiUfflQy REFORM. Having* in our pre...
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THE ILLUMINATIONS. It is not possible to...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Love Enthroned. Whebe Is The Real Greatn...
cerns the whole country that such should be the case in the first family of the land . Where it is otherwise , embittered feelings , pontracted sympathies , warped ideas , prevail , and the very spirit of government is adulterated . " Where the natural affections are allowed full scope , a healthy spirit is brought to the business of the day , the sympathy with human feeling is complete , and the capacity to administer in harmony with the family out of doors is at its best . The fortunate circumstances under which our
young Queen was enabled to crown the happiness of her own household , has no doubt had its influence on the generally beneficent character of her reign . We may have had occasion to criticize the actions ' ascribed to Prince Albert , but his share in aiding that good order in the first household of the country is unquestioned . In the results upon ourselves we may fairly contrast the present reign with the morbid , narrowminded , sour-tempered , ill-conditioned reign of Geobge IV .
The new law is of importance in the social as well as political aspect . It is of no small moment that the first household should be an example of proper worship done to those things which should be sacred in the household . It should be an example of what is ordinarily understood under the word ' moral ;* and the example is rendered perfect if it is a
success . Here again we may contrast the present time with that of Geoege IV . ; and if in charity we make all due allowances for that unlucky man and his more unlucky wife , we may be grateful that now we are not called upon to make allowances , but can point to the Palace for a model of the way in which the family should be managed .
But the reform has even a loftier tendency . Strictly considered , ' morals' are but the science of manners , according to the convictions and usages of the time and country ; and their precepts vary according to time and country . Virtue is for all time—it is the intellectual health of mankind . Individuals of great strength and exalted faculties may counteract the benumbing influence of blighted or disappointed affection , and may rise the higher in the reaction against a depressing influence ; but for the true health of the average human , being , a free and
complete development of the whole nature is essential , iSoi-disant philosophers or moralists m . ay " sneer at ' love , ' but it is the theme of half our written thought since man has written . The superficial romancist , whose work perishes , may confound ' love' with incUnatxon , a trifle with one of the laws of happy human existence , and may raise a smile of contempt at the puerility . Not the less is it the fact that the greatest of men in the council , in the field , and in the study , have given to the world the examples of the passion in its highest power and intensity ; and as they have shown that true love does not know itself or its life until it has
survived the ' prentice stage of inclination , so they have avowed that the fullest knowledge and the wisest thoughts have shone forth under the light which one soul draws from another .
108 T H E Leader. [No. 410, January 30,1...
108 T H E LEADER . [ No . 410 , January 30 , 1858 .
Js4k£Fiufflqy Reform. Having* In Our Pre...
JS 4 K £ fiUfflQy REFORM . Having * in our previous papers shown somewhat in detail the gross annual coat of the Court of Bankruptcy , let us now see what we get for our absurdly liberal and enforced payment . „ The Commissioners are Judges who are paid 20002 . per annmm to sit in a court to examine into the recklessness or prudence of a trader ' s conduct ; to decide whether his failure has risen wholly , in part , or not at all ,
from unavoidable loss and misfortune ; and to grant a certificate—first , second , or thirdclass as the case may be--professedly based upon an examination of the accounts which he has rendered . What preparation has a learned Commissioner had for such a duty ? He is a Barrister with a purely legal training ; he scarcely knows his right hand from his left ; day-books , stock-books , ledgers , and bill-books are impenetrable mysteries to him . He knows much about Blackstone , Sugdeit ,
and the Reports ; but he knows nothing of the relations and intricate ramifications of debtor and creditor . He is ignorant of the course taken by an ordinary transaction in trade ; and he frequently confounds bills of exchange with accounts rendered . The ' balance-sheet' placed before him , to guide him in forming a judgment upon a trader ' s conduct , is a highly artificial production , manufactured from the bankrupts books by one of the numerous accountants practising in the
court , and professing to give a concise view of the results of the trading from a certain period up to the date of the petition . Any mercantile man with a bitter experience of the court must know what an utterly unreliable , complicated document this ' balance-sheet' is . Men who have been familiar with the principles and practice of figures for years are unable to discover , in this piece of official routine , any clue to the true amount of the receipts and disposal of
property , and the formation of profit and loss upon the part of the bankrupt . The men who prepare it very frequently know little of the principle of its structure beyond the mechanical fact that the debtor and creditor side of all the sheets ( and there are several ) shall be made to balance . We remember a recent case , in which a creditor in the court of more keenness than the accountant , discovered an error in the construction of the balance-sheet , which placed the bankrupt in the position of having to
account for goods to the amount of five hundred pounds . The Commissioner ( Mr . Fane ) , upon a discussion that arose , very modestly admitted his entire inability to understand the question . His profession was law , not figures , and he must leave such a point to be settled by the accountants present . This , coming from a Judge whose function it is to deal with questions of pure account nineteen times where he has to deal with questions oi law once , is a fair specimen of the lax administration of the court . The five hundred
Sounds in the amended ' balance-sheet orered , was accounted for without comment , by increasing the very elastic item of ' unvouched expenses . ' The Commissioner , in all such matters , ia governed very much by the report of the official assignee , who , having no judicial character to sustain , looks very naturally to two main things—the capability of the estate to pay the heavy court and other charges , and to realize by giving him the least possible trouble . His feeling is , that ifc ia useless making a stir about property that is
gone j and the bankrupt who fulfils his very slender requirements , may rely on no opposition on his part . Much stress is occasionally laid , both by Commissioner and Official Assignee , upon the not uncommon fact of a bankrupt having kept no ' cash-book . ' Ah a proof of careless , or studied dishonest troain ^ this may , in most cases , be taken for what it is worth ; but a book of far greater importance , a stock-book or ledger , showing the amount of goods bought , and the amount sold , may be omitted or tampered with without exciting any observation or inquiry from persons appointed to adjudicate upon the crimes and errors of trade , but who are so ignorant of its ordinary operations and
arrangements . The Official Assignees , having no interest in anything but a per cenfcage upon the bare assets placed in their hands or given to them for collection , are at liberty to suit their individual tastes and notions of personal economy in the choice of an office and are therefore found in gloomy garrets ' difficult of access , and badly provided with accommodation either for debtors , creditors or books of account . Creditors stare when , they go into such a place , and find a common loft full of the records of some hundred estates
the precious books which the bankrupt , if honest , has carefully kept in an iron safe for so many years—huddled in sacks like potatoes unprotected from loss or robbery , and liable to be destroyed by fire at any moment . The attention accorded in these offices to inquii-iug creditors , or their solicitors , is not granted as a right which may be demanded at any time , but is dependent in a great measure upon the temper and urbanity of the clerks employed . Why should they be bored by persons who are only bent upon investigation , and who , unlike the bankrupt debtor , bring no grist to the mill which has to pay their wages ?
The Official Assignees , it has been assumed , must be men of education and proved , "probity , who will not work reliably under an average income of less ^ bhan two thousand per annum . Has fair competition ever been tried ? Was an Official Assigneeship ever advertized like an ordinary situation ¦? If honesty and fair ability are so rare , how comes it that bankers are well served by men who have as much value passing through their hands . in a day as these officers have each in a year , and who are , nevertheless , trustworthy upon three hundred per annum and a small guarantee , without the expensive checking machinery of an accountant aud clerks at seven thousand a vear ?
The [ Registrars , who cost with staff upwards of eight thousand per annum , exist to perform legal functions that ought to fall to the Commissioner , and mercantile details that are properly in the province of the Official Assignee . The Messenger , who , backed by a Broker at 8001 . per annum , is the officer supposed to take possession upon a fiat of the property of the bankrupt , is a man earning 1400 / . per annum , for paying another man from three to four shillings a day to take his responsible position . Apart from the gross jobbery
shown in the fact of a man receiving this enormous income for doing comparatively little or nothing , how comes it that while it requires fifteen hundred or two thousand a year , with all the supposed checks and contrivances of the court , mainly for the purpose of keeping an Official Assignee houest , a man upon an uncertain pittance of » tew shillings a day becomes for several weelts the uncontrolled guardian of all the pronerty , stock-in-trade , and furniture of the bankrupt P
The Illuminations. It Is Not Possible To...
THE ILLUMINATIONS . It is not possible to disassociate the ideas of joy and light ; we may think of light without joy , but joy without light at once strikes tne mind as impossible . In poetry , nine ^ - mne out of every hundred illustrations of joy are drawn either directly or indirectly from ngj ™ 5 anditns ^ the-same-in-prose ^ even ^ iivtJiaL ! our every-day experience . All our p leasures and hopes tend rightwards , and we commonly say of a face expressing joyfulness that ifc ww lit with smiles , or that there is .. a brig hter time coming for those who are in n « ed oi cheer . The custom , then , of lighting up o ™ houses on all occasions of festivity h « a »» origin in the very primary inBtincts ot our nature . Monday last was a festa day , a «» y
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Citation
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Leader (1850-1860), Jan. 30, 1858, page 12, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_30011858/page/12/
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