Malversation

Definition and stakes

Portrait of Adam Smith Adam Smith,  An Inquiry into the Nature and Causes of the Wealth of Nations… (1902)

“ Removal from an office which can be enjoyed only for the term of three years, and of which the lawful emoluments, even during that term, are so very small, seems to be the utmost punishment to which any committee-man is liable for any fault, except direct malversation, or embezzlement, either of the public money, or of that of the company; and the fear of that punishment can never be a motive of sufficient weight to force a continual and careful attention to a business to which he has no other interest to attend. ”
Source: Wikisource

Mrs. Hunter,  Lady Maclairn, the victim of villany… (1806)

“ But, my dear friend, if such be the penalty annexed to the concealment of error and duplicity by an ingenuous mind, even when that concealment is qualified by the powerful motives of preserving the peace and interest of all around us, what, I ask, must be the horrors of the mind, which covers, with a veil of darkness, the fraud intended to ruin the innocent, to betray the unsuspecting, and to defraud the ignorant? What must be the state and condition of those whose life is a lie? ”
Source: Gutenberg

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