Show THE TRE LOAN SHARK Saturday Evening Post It was the loan sharks that did It and booze said a clerk the other day da having been arrested a for passing forged checks But his statement was not entirely fair to the time situation as is easily shown by a little simple figur figuring figurIng figurin ing in You think you need 50 You go SO to tho loan shark His rate is 10 per cent centa a month discount So you ou give your note for 75 due in ninety days The discount being 2250 you get cash At the tue end of ninety days you renew giving a note for The dis discount discount count is 33 13 you receive 2 cash and your first note for 75 73 Another ninety days das your our note Is which discount discounted ed yields your second note and In money At the end did of the year rear your note is and you get 3 in money mono At the end of ot a year and a half your note Is and your situa situation situation situation tion by that time lime pretty hopeless That is cruel yet ct it possesses a a vir virtue virtue tue singular to itself and not by any other vice that Is you ou can an sit right down with wiLl a pencil lenell and paper and figure out exactly where whore you ou are ate going to land If you keep Up the thing to Its logical end With drink and the tim poolroom and like indulgences R you cannot do tha that With them as with the tIle loan shark that compound 10 per cent discount Is right there th e working against you every min minute minute mm ute but you ou cannot see ee it i and they lie He about it pretending that at most it itis ItIs itis is only about straight 5 I per cent a year ye r which need not alarm anybody a |