“A WELLINGTON SHYLOCK”
EXPENSIVE BORROWING "There is at least one Shylock in Wellington who is lending money to very poor people on their furniture," said Mr. G. Mitchell (Wellington South) in the House yesterday. He quoted the case of a woman who, in September of Inst year, had borrowed d>2o on her furniture, and in October had secured another JEIO. She had repaid altogether .£2O ss. 6d.< and was now in debt to the amount of -£33 7s. Gd. This, said Mr. Mitchell, was not an isolated case, and these usurious practices should be stopped. He asked the Minister of Justice to see whether the lender in> question was acting within the law, and he suggested that if the transaction was within thv law, the Minister should take steps to have the law amended. A member: Is this a gentleman with a foreign name? Mr. Mitchell: Yes. a foreign name. The Minister promised on being supplied with names and particulars to have the case thoroughly investigated.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19220826.2.11
Bibliographic details
Dominion, Volume 15, Issue 284, 26 August 1922, Page 4
Word Count
166“A WELLINGTON SHYLOCK” Dominion, Volume 15, Issue 284, 26 August 1922, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in