A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard of behavior.
Interpretation
A trustee's ethical standards must exceed mere business honesty, incorporating high moral sensitivities.
This quote emphasizes that a trustee, or someone who is responsible for managing another's assets or interests, should uphold an ethical standard that is more refined and stringent than general market ethics. It suggests that honesty is not sufficient; instead, a trustee should adhere to the highest degree of honor and sensitivity in their conduct, reflecting a deeper moral obligation to those they serve.
In practice
During a legal seminar on fiduciary responsibilities.
Lawsuits are rare and catastrophic experiences for the vast majority of men, and even when the catastrophe ensues, the controversy relates most often not to the law, but to the facts. In countless litigations, the law Is so clear that judges have no discretion.
History or custom or social utility or some compelling sense of justice or sometimes perhaps a semi-intuitive apprehension of the pervading spirit of our law must come to the rescue of the anxious judge and tell him where to go.
The Constitution overrides a statute, but a statute, if consistent with the Constitution, overrides the law of judges. In this sense, judge-made law is secondary and subordinate to the law that is made by legislators.
There comes not seldom a crisis in the life of men, of nations, and of worlds, when the old forms seem ready to decay, and the old rules of action have lost their binding force. The evils of existing systems obscure the blessings that attend them, and, where reform is needed, the cry is raised for subversion.
Law never is, but is always about to be.
The judge is not the knight-errant, roaming at will in pursuit of his own ideal of beauty or of goodness.
Every man must be content with that glory which he may have at home.
Consider the impasse of a one-God universe. He is all-knowing and all-powerful. He can't go anywhere, since He is already everywhere. He can't do anything, since the act of doing presupposes opposition. His universe is irrevocably thermodynamic, having no friction by definition. So, He has to create friction: War, Fear, Sickness, Death, to keep his dying show on the road.
Precision, speed, unambiguity, knowledge of files, continuity, discretion, unity, strict subordination, reduction of friction and of material and personal costs - these are raised to the optimum point in the strictly bureaucratic administration.
From this hour I ordain myself loos'd of limits and imaginary lines. Going where I list, my own master, total and absolute. Listening to others, and considering well what they say. Pausing, searching, receiving, contemplating. Gently but with undeniable will, divesting myself of the holds that would hold me.
One of the key places where sociology should be used is in analyzing 'the world' of our times, so that we can be more discerning. To resist the dangers of the world, you have to recognize the distortions and seductions of the world.
That skull had a tongue in it, and could sing once: how the knave jowls it to the ground, as if it were Cain's jaw-bone, that did the first murder! It might be the pate of a politician, which this ass now o'er-reaches; one that would circumvent God, might it not?
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