"Business morality is the most valuable asset which a commercial firm can have. In view of the lack of such morality in the case of many of our business _establishments, the merchants' bodies are advocating the use of 'Business Moral' boards to be issued by the General Charaber of Commerce so that shops and business' houses may have them hung up to assure their customers "of good faith." This report appears in the columns of a Chinese newspaper published in Canton, and most of us would desire to know what tangible result, if any, accrues after a fair trio] of the scheme. Something of the same nature has been attempted at various times in different parts of the world, starting with groups of housewives who met to compare notes og to which tradesman ' gave fullest weight and including newspapers professing to advertise nothing which they could not declare to be genuine themselves. And we believe that certain interesting libel actions have come about as a result of societies or agencies which compiled black lists and the like. The difficulty is.always with regard to the people who will act as censors of the business morality of others.
Text read from the printed page and cleaned; old type leaves the occasional error.