Show I PLEA LEA FOR USURY LAW LAWI I 1 Editor Telegram I I noticed in The Telegram yesterday a that the house passed the Loan hoan Shark Bill DiU Wage ago earners now will ivill be gratified if the senate also will gill pass the i 1 house bill bin No 44 J Y m myself have ha occasionally occasionally occa occa- been forced to borrow 15 to 25 25 when out of work or in in the j caso cafiO of sickness in the family on either cither household gOOl goods salary or 01 jewelry and being unknown to the banks not having acceptable collateral have c been obliged to pay usury charges to pawn shops for salary loan onn sharks It cost me 10 to 20 per cent interest a month before before before be be- fore I could get out of their clutches At 3 per cent a month it would not Dot ha have haC C worked a hardship This is one of or the best bills billE in favor of or the working man that has passed parsed the house at this session As most small loans of this char character arc are probaBly repaid within thirty or ninety days s 's 3 per percent percent percent cent does not amount to very much The poor man with chi children dren whom he lIe is iR trying ing to keep in school has his bis nose to the grindstone all aU the time lime and md in all an fairness his burden burden burden bur bur- den should l be c lightened through legislation whenever possible WM-E WM rAJ 0 |