The Facts About the Small Loan Business And the Scientific Rate of Fair Charges
The Facts About the Small Loan Business And the Scientific Rate of Fair Charges
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3. The ^/2 per cent rate is endorsed by unimpeachable and unbiased sources.
The 3>^ per cent law was introduced into the Connecticut legislature in 1919, with the endorsement of nearly every charity in the state. (Copies of the letters of endorsement have been printed and a set has been given to the Senate Chairman of the Committee on Legal Affairs. ) So, also, in Kentucky the 3^ per cent bill was sponsored by the social agencies of the state. (A set of copies of those letters of endorsement ha...s also been given to the Senate Chairman of the Committee on Legal Affairs. ) While the 3^2 per cent battle was on in Kentucky, telegrams were sent from licensing officials of Illinois, Indiana, Pennsylvania, Connecti- cut, and Maryland stating that the 3^ per cent law had worked well in those states. (Copies of these telegrams have been given to the Senate Chairman of the Committee on Legal Affairs. ) Prof. E. E. Eubank, dean of the Y. M. C. A. College in Chicago says: "// has been determined by careful studies that jy^ per cent is as low a rate as can be made" (First Report of Department of Trade and Commerce, State of Illinois (1918), page 8.
What to read after The Facts About the Small Loan Business And the Scientific Rate of Fair Charges?
You can find similar books in the "Read Also" column, or choose other free books by Reginald Heber Smith to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
3. The ^/2 per cent rate is endorsed by unimpeachable and unbiased sources.
The 3>^ per cent law was introduced into the Connecticut legislature in 1919, with the endorsement of nearly every charity in the state. (Copies of the letters of endorsement have been printed and a set has been given to the Senate Chairman of the Committee on Legal Affairs. ) So, also, in Kentucky the 3^ per cent bill was sponsored by the social agencies of the state. (A set of copies of those letters of endorsement ha...s also been given to the Senate Chairman of the Committee on Legal Affairs. ) While the 3^2 per cent battle was on in Kentucky, telegrams were sent from licensing officials of Illinois, Indiana, Pennsylvania, Connecti- cut, and Maryland stating that the 3^ per cent law had worked well in those states. (Copies of these telegrams have been given to the Senate Chairman of the Committee on Legal Affairs. ) Prof. E. E. Eubank, dean of the Y. M. C. A. College in Chicago says: "// has been determined by careful studies that jy^ per cent is as low a rate as can be made" (First Report of Department of Trade and Commerce, State of Illinois (1918), page 8.
What to read after The Facts About the Small Loan Business And the Scientific Rate of Fair Charges?
You can find similar books in the "Read Also" column, or choose other free books by Reginald Heber Smith to read onlineMoreLess
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