Peoples Co Operative Banks for Workers in Towns And Small Holders Allotment C

Cover Peoples Co Operative Banks for Workers in Towns And Small Holders Allotment C
Peoples Co Operative Banks for Workers in Towns And Small Holders Allotment C
Henry C Devine
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Other Dodges. One dodge, especially of those who offer to lend "on note of hand only, no bondsmen, " is to charge an inquiry fee of 5s. Or more, and then write stating that they cannot entertain the proposal. Another is to profess to lend ^30, so as to bring the transaction up to the amount required to execute a Bill of Sale, and then to take back 10, or more, at once.
As an instance of deception exercised re interest, I will conclude these proofs bv an account of a case which I heard only the
...other day from the lips of a small tradesman : Needing 20 rather badly, he was induced to write to one of the authors of the temptingly com- posed advertisements offering to lend " from, 5 104 CO-OPERATIVE BANKS and upwards " to respectable people, " on note of hand only, at 5 per cent. " After hearing his story, the representative put down 20 on the counter, remarking, " Here you are; sign this paper here, " pointing to a space at the foot, " and you shall have it at once. " Being somewhat on his guard, the man pulled the paper from him, and found it to be a promise to repay no less than ^35, i.

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