The Campaign Against the Loan Shark
The Campaign Against the Loan Shark
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In our eReader you can find the full English version of the book. Read The Campaign Against the Loan Shark Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Campaign Against the Loan Shark
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The loan shark has not been entirely eliminated from the cities in which these societies operate, but his exac- tions have been reduced appreciably. This pioneer work has removed the remedial loan idea from the experimental state, and organizers of societies in other cities are assured of success from the start under proper management.
In several states satisfactory laws have replaced the old-time drastic legislation impossible of enforcement. Legislators are beginning to realize the force of B...lackstone's comment, "Without some profit allowed by law, there will be but few lenders, and those principally bad men who will break through the law, and make a profit, and then will endeavor to indemnify themselves from the danger of the penalty by making that profit exorbitant. " Briefly stated, the program of the remedial loan movement includes the organization in all cities of competitive loan societies of a social na- ture in the pawnbroking and chattel loan fields; the establishment of co- operative associations for savings and loans among employes, supple- mented by the investment of honest capital on a reasonable money-making basis.
What to read after The Campaign Against the Loan Shark?
You can find similar books in the "Read Also" column, or choose other free books by Arthur Harold Ham to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The loan shark has not been entirely eliminated from the cities in which these societies operate, but his exac- tions have been reduced appreciably. This pioneer work has removed the remedial loan idea from the experimental state, and organizers of societies in other cities are assured of success from the start under proper management.
In several states satisfactory laws have replaced the old-time drastic legislation impossible of enforcement. Legislators are beginning to realize the force of B...lackstone's comment, "Without some profit allowed by law, there will be but few lenders, and those principally bad men who will break through the law, and make a profit, and then will endeavor to indemnify themselves from the danger of the penalty by making that profit exorbitant. " Briefly stated, the program of the remedial loan movement includes the organization in all cities of competitive loan societies of a social na- ture in the pawnbroking and chattel loan fields; the establishment of co- operative associations for savings and loans among employes, supple- mented by the investment of honest capital on a reasonable money-making basis.
What to read after The Campaign Against the Loan Shark?
You can find similar books in the "Read Also" column, or choose other free books by Arthur Harold Ham to read onlineMoreLess
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