A number of years ago, a young man whom I knew, happened to go to a notorious gambling house in New York, with a couple of companions. One of these young men was a member of a wealthy family and had been frequently to this place, where he was always most welcome. My friend held a clerical position in a financial institution, was making his own living, and at the time had about fifteen hundred dollars in the bank, which represented his entire worldly assets. It was late at night, the young men had been to a party and were in rather a hilarious and reckless mood when they started playing roulette. After they used up the money they had with them, they were allowed to continue playing on credit, chips being supplied to them as called for. My friend, after losing more than he could afford, was urged by desperation to keep on trying to recoup, and when he finally left the house, in the early hours of the morning, he had lost ten thousand dollars. That was the situation which faced him in his sober senses, the next day.
A gambling debt has no standing in law. No legal claim of any kind could be made against him and he was perfectly aware of the fact. The proprietor of the establishment was a thoroughly unscrupulous individual with a shady record, and the games played there were open to a suspicion of crookedness. My friend had previously been told that. He had only to let the loss go unpaid and ignore the whole incident, without the slightest fear of consequences, so far as honest people were concerned.
But this young man felt that such conduct would not be honorable. So he went to the place again, explained to the proprietor his financial situation and promised to pay off as much as he could, year by year, until the debt was cancelled. It took him five years to accomplish this, and during that time, he stuck faithfully to a resolve not to touch a card or gamble in any way. Later on the young man became vice-president of one of the largest financial institutions in America, a position which he still holds. He had then, and still has a sense of honor.
Many a gentleman of good breeding and fine feelings has told deliberate lies and perjured himself under oath, in order to shield the reputation of a lady. Even though he may be under no personal obligation to the lady in question, but merely an accidental witness of some occurrence, a certain kind of man feels compelled by his sense of honor to protect her. It is not honest to tell a lie, it is a legal offense to perjure one's self; there is no reason of the intellect to make you bear false witness and defeat the ends of justice for the sake of an individual, who may have done wrong and be deserving of punishment.
Yet so it is and among those who share this sense there is a beauty and nobility about such conduct which is akin to that of a sunset or moonlit night.
Let us take an example of a more commonplace kind in the business world. Suppose a certain individual, Jones, living in a small community has a coal yard. When the autumn comes, Jones's bins are piled high and in addition to this, Jones has several carloads of coal on a siding, and numerous other carloads in transit. Jones's brother, who is interested in a coal mine, has advised Jones that as there is prospect of a miner's strike, he had better get his full winter's supply in advance, with a little extra and this has been so arranged. The strike takes place as predicted and then owing to war conditions in Europe, there comes a coal shortage throughout the land.
With the arrival of the first touch of winter various people in the community begin sending orders to Jones. In the meantime, he has been doing a little thinking. His customers have got to have coal and they've got to buy it from him. Under existing conditions, there is no other way for them to procure it, at any price. So to speak, he holds them in the hollow of his hand.
His entire supply has cost him five dollars a ton and he had figured to sell it at six, which would allow him his usual satisfactory profit. But now it dawns upon him that if he refuses to sell a single ton of it for less than twenty dollars, his people will have to pay that, or freeze, and he will make more profit in this one winter than all the rest of the years put together.
So he makes up his mind to put up his price to twenty dollars and to meet all complaints by replying with a shrug that he is not asking any one to buy—they are free to get their coal elsewhere.
Is not Jones perfectly honest? Would any business man of the present day blame him? Is he not entitled to make all the money he can, in accordance with the laws? Is there not every reason for his intellect to approve of his shrewdness in taking advantage of his opportunity?