UTILITY OF HONESTY IN TRADE

NATIONAL REPUTATION AFFECTED BY HONESTY

An award winning essay by K.B. Khushalani

 

 

23. National reputation affected by dishonesty

As individuals have to care for public opinion, for gaining which they put forth the most strenuous enorts that sometimes cost them their lives, so do nations have to care for and establish international reputation. Observance of honesty in international trade dealings is one of the most efficacious methods for maintaining such a reputation. A few fraudulent merchants are a blot on the nation ; they not only spoil their own case but prejudice all those who have dealings with them against the entire trading community of the nation they belong to. Besides, they create wrong impressions and false notions about their people, which, apart from affecting the international reputation of the country, gives a definite set-back to its trade with the consequent loss of revenue to Government and income to the people.  It is beyond the scope of this essay to suggest the methods necessary to be devised to guard against such dangerous people, but it will be sufficient to state here that all possible means should be adopted to prevent successfully any kind of dishonest tricks with outside merchants, and specially the habit of cheating in quantity or quality.

 

24. We should extend our vision to other classes of trading circles

The merchant or the shop-keeper spoken of so far is but typical of the business world. From wholesale dealers to the hawkers and pedlars, there are all grades and sorts included in this class. We have to think not only of him but extend our vision so as to include all business men from frequenters of stock exchanges to agents, brokers, touts, contractors and canvassers of every description, and from big hawkers on to the village ryot[1] who is also seller and buyer.

 

TO BE CONTINUED…




[1] The word ryot is used throughout India for the general body of cultivators; but it has a special meaning in different provinces. Refer to wikipedia for a detailed explanation on the origin of the word

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