xorbitant profits, there is an end
to his reputation. Bad as the world is, there is some respect paid to
integrity, and wo be to him who forgets it.
If a person habitually allows himself in a single act not sanctioned by
the great and golden rule of loving others as we do ourselves, he has
entered a road whose everlasting progress is downward. Fraudulent in
_one_ point, he will soon be so in another--and another; and so on to
the end of the chapter, if there be any end to it. At least no one who
has gone a step in the downward road, can assure himself that this will
not be the dreadful result.
An honest bargain is that only in which the fair market price or value
of a commodity is mutually allowed, so far as this is known. The market
price is usually, the equitable price of a thing. It will be the object
of every honest man to render, in all cases, an equivalent for what he
receives. Where the market price cannot be known, each of the parties
to an honest contract will endeavor to come as near it as possible;
keeping in mind the rule of doing to others as they would desire others
to do to them in similar circumstances. Every bargain not formed on
these principles is, in its results, unjust; and if intentional, is
fraudulent.
There are a great many varieties of this species of fraud.
1. _Concealing the market price._ How many do this; and thus buy for
less, and sell for more than a fair valuation! Why so many practise
this kind of fraud, and insist at the same time that it is no fraud at
all, is absolutely inconceivable, except on the supposition that they
are blinded by avarice. For they perfectly know that their customers
would not deal with them at any other than market prices, except from
sheer ignorance; and that the advantage which they gain, is gained by
misapprehension of the real value of the commodities. But can an honest
man take this advantage? Would he take it of a child? Or if he did,
would not persons of common sense despise him for it?
But why not as well take advantage of a child as of a man? Because, it
may be answered, the child does not know the worth of what he buys or
sells; but the man does, or might. But in the case specified, it is
evident he _does not_ know it, if he did he would not make the bargain.
And for proof that such conduct is downright fraud, the person who
commits it, has only to ask himself whether he would be willing others
should take a similar advantage of _his_ ignoranc
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