Bankruptcy Prosecutions.

Manawatu Standard, Volume IV, Issue 237, 3 September 1884, Page 2

Bankruptcy Prosecutions.

{Post.) Judging from what transpired at .the meeting of Mr Waring Taylor's creditors., yesterday, it would seem LhAt * gross mis carriage of justice is likely to occur m dealing with the casb. It was distinctly stated on Mond^, and apparently with authority, that unless the creditors were prepared/to pay the cost of prosecuting him, hisJ various nefarious transactions' Would puobnbly ~ JJftart uupunialieil, This is certaintly a most singular position, and it, as slated, the Govern^ men t will not prosecmte for offences under the Bankruptcy Act, a wide door for wholesale rascality is opened. If ono of Mr Taylor's clerks or storemen had embezzled a few pounds or purloined a few articles from the store, the law would quickly have vindicated itself m the interests of society, and the offender would have been prosecuted and punished at the public expense. Why then should the cost of punishing systematic and long-continued fraud of the most giggantic character be thrown on those who have already been the suffers by its commission 1 If the facts have been accurately stated, the sooner the attention of Parliament is called to the subject the better. The Stale should certainly prosecute m such cases." If be a crime against society to defraud a single individual, surely it is at least equally so to defraud a large number of people.