Show PET irE STATE MEASURES MEASURE'S FACE SLAUGHTER PAWNBROKERS BROKERS IN PROTEST ON THE LOAN BILL Want to Be Permitted to Charge Not Over 5 PerCent PerCent Per PerCent Cent Per Month Salt Lake pawnshops are arc not satis satis- fled with the McKinney bill designed i ito I to regulate the operations of loan loana a agencies The They want the bill pending pending pend pend- ing jug In the lower Jower house amended so soI j I that they will 1 h bo permitted to charge 1 5 cent month I n ii not t over per per par The rue arguments of ot the owners of or I the pawnshops pawnshops' were presented to the 5 I jo lower Jower cr house committee on banking by byI I Attorney R. R B. B Thurman today Tho The ThoI I pawnbrokers take the stand that they 1 i are arc already under police regulation J r and subject to strict supervision I For that reason they argue they I l should not be bo Included in the provisions provis proviso ions fons laid down in the bill bUt According to Thurman the difficulties ties experienced by Utah in the control control con con- trot of or loan sharks arc duo due to tho the o of persons persona lending money on salaries and not the business conducted con COil ducted by the pawnshops Under the provisions of or the Mc Me- KInney bill the rate of or interest which may be bc char charged ed Is limited to 3 percent per percent cent cen per por month The pawnbrokers assert assort as as- sert sort that this is not enough where whore establishments have hare to bo ho maintained in jn The business district I The committee announced no decision de de- de- de cislon but hut it is 15 understood that the tho I bill will be returned to the house with I ery very few ew changes The bill was reported out of ot the hanking committee several days ago aJo with the recommendation that it ho bo passed It was permitted to go to the calendar but was withdrawn by hv bythe bythe the author J. J W W. when the I pawnbrokers sought a hearing I |