This is presumably the process of reasoning the young men in question went through. In each case the immediate consequence of the act was apparently harmless and quite satisfactory to them. They got the money they wanted, the checks were taken in at the bank, time passed and no one knew the difference.
The indirect and remote consequences of this kind of conduct, however, came eventually. They nearly always do. The forgeries in each case were repeated—why shouldn't they be? And the day finally arrived when they were brought to light. In each of the cases the suffering and heart-break of the mothers and fathers was pitiful and beyond recovery in this world. That was one of the indirect consequences.
One of the young men, whom I had known as a bright, attractive collegian, was sent to prison, eventually, in spite of all his family could do. Another died in an institution for incurables. All forfeited their birthright of home, family, decent associations and ended up in degradation and wreckage.
That was one of the remote consequences.
Let us take a more usual example, much less extreme—the young man who steps on the throttle of his automobile because he feels like going fast.
As far as his own experience is concerned, where is the reason for him to deny his impulse?
If a traffic cop happens to see him, he might get "pinched" and fined. That's about the only thing worth considering. But if he keeps his eyes open and his companions in the back seat watch out behind, there's not much chance of that. And after all, suppose he does happen to "get pinched," what of it? There are plenty of others. His father will have to pay a fine and there will be a little scolding and unpleasantness in the family, at the worst.
As for the danger, who's afraid of that? It only makes it more exciting and more fun.
The result is logical enough, if you start with the premise that each individual is free to follow his inclinations and decide for himself.
Very few young men have sufficient experience of their own, or sufficient reflection and wisdom, to give due weight to the indirect and remote consequences which may come from such conduct.