UTILITY OF HONESTY IN TRADE
BUSINESS WORLD WILL ACTUALLY SAVE FROM HONESTY
An award winning essay by K.B. Khushalani
19. Extent of probable saving to the business world from wholesale honesty
To realize the utility of honesty it will be worth while to consider, what an amount of misery would be saved to the World, if dishonest men were removed from it. Of course, it is an Utopian idea, but is taken up here simply for argument's sake. All auditing would then be unnecessary; accountants may remain, but auditors as a class would cease to exist. All watch and protection against theft would be unnecessary. The World is spending millions merely and solely on watchmen and guards. Every individual has to adopt means to protect his property, and this too would be unnecessary. Dishonest men are a drag on the world, they are a drag on individuals and a drag on the merchant class as a whole.
20. Honesty the best policy
It is said that honesty is the best policy, and nowhere is the significance of the saying so fully realized as in trade The Proverb is very expressive and important in the respect that it treats with the material side of honesty and lays no stress on its moral aspect. The enunciator of the proverb has made honesty stand on the merits of its usefulness, and states it as a profitable policy, and all that has hitherto been stated is simply in expounding this maxim. Besides, all great men have emphasised its usefulness and they cannot all be wrong.
TO BE CONTINUED...
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