The Preacher's Complete Homiletic Commentary on the Books of the Bible, Volume 13 (of 32): The Preacher's Complete Homiletic Commentary on the Book of the ProverbsHarris, W., Rev.
Religion
The Preacher's Complete Homiletic Commentary on the Books of the Bible, Volume 13 (of 32): The Preacher's Complete Homiletic Commentary on the Book of the Proverbs
Solomon, on different occasions, condemns the practice of suretyship.
This condemnation is general. It does not follow, however, that what
he says is to be taken as an unqualified prohibition, to which there
are no circumstances that can constitute an exception. . . . There
are cases in which it is unavoidable; and there are cases in which
the law requires it; and there are cases in which it is not only in
consistence with law, but required by all the claims of prudence,
justice, and charity. These, however, are rare. And it may be laid
down as a maxim regarding the transactions of business, and all the
mutual dealings of man with man, that _the less of it the better_. In
such cases as the following, it is manifestly inadmissible, and may
even, in some instances, involve a large amount of moral turpitude.
+I. It is wrong for a man to come under engagements that are beyond
his actually existing means.+ Such a course is not merely of
imprudence, but there is in it a _threefold injustice._ First, to the
creditor for whom he becomes surety. Secondly, to his family, if he
has one, to whom the requisition of payment must bring distress and
ruin. Thirdly, to those who give him credit in his own transactions,
with the risks of his own trade. +II. The same observations are
applicable to the making of engagements with inconsideration and
rashness.+ The case here supposed is evidently that of suretyship
_for_ a friend _to_ a _stranger._ And the rashness may be viewed
either in relation to the _person_ or to the _case._--_Wardlaw._
Public-domain text, read in full here on John Shaqi.
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