Show ITALY HAD FIRST PAWNSHOP from that country tho the system gradually spread over tile the rest of the tha Civill civilized zed world the french call them monts de but no satisfactory explanation for this nomenclature Is fortico forthcoming m ing the establishment of i anui municipal alpa pawnshops in prance france was attended with more difficulty than wash was the case in other countries it la Is from italy thattie that the idea of municipal pawnshops spread over the rest of europe A municipal pawnshop was set iset up in madrid in the year 1705 when a priest with very little capital opened up as aa an uncle the system was tried at avignon in 1577 but it was not until the year 1777 that paris itself was provided a mont do de the national assembly upset the tha monopoly and the business passed into private hands the extortions extort ions of tile the pawnbrokers pawn brokers in time led however to a demand for the re establishment establishment of the governmental institutions in 1803 1800 napoleon reestablished established re the monopoly regulating it by laws that are still la in force the interest charged amounts to about 7 per cent in parts paris the mont de Is in effect a department of the administration butin but in the provinces it Is a municipal monopoly |