Show EFFORT TO CURB RAPACITY In Louisville Ky Ii a short time ago the Household House told Loan company Compan swooped down upon the home homo of Richard Ward Wardan ard ardan an unfortunate debtor and seized l certain certain tain tan articles of furniture under the terms of a mortgage The lit little little little tle bed upon upon which a sick baby bab was sleeping went with the rest and the baby died In consequence con All men are expected to pay their honest debts but there should be some limit to the collection col collection lection of ot the Shylocks pound of flesh and the occurrence at Louisville is not N NA uncommon A bill has recently re nUy been introduced in to inthe n the New York legislature for tor the Ule stated purpose of ot loosening the grip of the loan shark The title states that it Is Intended to lo regulate loan offices wherein loans are made to or procured for tor salaried persons which loans are arc secured to the lender by alt air assignment of at the past due current or future sal salary salao salary ary ao of the salaried person pers n or orby by y a chat chattel chattel chattel tel mortgage on the salaried persons personal effects In cities of the first class clus It Is ia provided that no one shall cn enl eni gage in the loan business without first procuring a license and the character ef of the applicant will have to be vouched for by two A bond of ot must also be put up No o licensed per person person person son son will be allowed to charge either cither as interest fee feo discount or otherwise more than 2 u per pel cent per month for tor any 1 loan It is also aIso provided that no assignment assign assignment ment moot on the salary of the person get getting getting ting the loan or a chattel mortgage up upon p pon on his personal effects If he Is married shall be valid unless signed by b tl tte t e wife of such salaried person obtaining the loan lonn Proper Propel protection should be fur tur furnished furnished the poor pool and distressed In all communities and the movement mo ment in Nw York will probably accomplish h some good In this direction |