Canadian grocer July-December 1908 . ave been dishonest saleswith shirking of liabilities. For ex-ample, a trader owns a store and a farm ; he builds up and ecfuips his farmat the expense of his store, the lattergoes bankrupt and the farm is protect-ed by the exemption laws. This wasquite unfair, and it was never the in-tention that the exemption ordinanceshould protect fraud. The basis of allbusiness is honesty and credit has beeninjured by dishonest practices allowedbv the absence of an insolvency law andthe unfairness of the exemption ordi-nance. H. M. Belcher, President of the Winni-peg Bo
Canadian grocer July-December 1908 . ave been dishonest saleswith shirking of liabilities. For ex-ample, a trader owns a store and a farm ; he builds up and ecfuips his farmat the expense of his store, the lattergoes bankrupt and the farm is protect-ed by the exemption laws. This wasquite unfair, and it was never the in-tention that the exemption ordinanceshould protect fraud. The basis of allbusiness is honesty and credit has beeninjured by dishonest practices allowedbv the absence of an insolvency law andthe unfairness of the exemption ordi-nance. H. M. Belcher, President of the Winni-peg Board, expressed his approval ofthe resolution. It was not the inten-tion to do away with exempt,ions onhomesteads, but to prevent the unfairoperation of the exemption laws. Creditwas being weakened by the practice ofdishonest merchants equipping theirfarms at the expense of bankruptingtheir stores, and the great majority ofmerchants who are honest suffer there-by. This country needs credit and thebasis of credit is being destroyed by. P. McARA, Jr., REGINA. Retiring President of the AssociatedBoards of Trade of Western Canada. the dishonest practices against whichthis resolution is aimed. Regarding the request for an, insol-vency law, the great difficulty is thatwhen business men approach the govern-ment, they dont know just what theywant. The principle should be estab-lished, that when a man fails, his es-tate belongs to his creditors and shouldbe at their disposal. Mr. Belcher alsoreferred to the class of men appointedas official assignees in the Provinces ofSaskatchewan and Alberta. He claimedthat many of them are incapable andsome are dishonest. The resolution wascarried. Goods Damaged in Transit. A resolution which provoked a warmdebate was introduced by WilliamShort, Edmonton. It dealt with theresponsibilitv for goods damaged intransit bv railway companies and wasas follows :— Whereas, wholesale dealers in theWest, havintr to depend upon railwaycompanies for transportati
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