TRIBUTE TO SHYLOCK

Grey River Argus, 20 June 1925, Page 5

TRIBUTE TO SHYLOCK

TRIBUTE TO SHYLOCK II TOUTS BLAMED. LONDON, June 18 Surprising disclosures of methods of moneylenders were made before a select committee of investigation. Moneylenders declared that, (10 per cent was tho lowest charge to ensure a. reasonable profit. Daniel V. illiams, High Court Receiver, said the 30 to 35 per cent, of receiving ciders were based on petitions Iron moneylenders, who had accommooat ed likely bankrupts, and then pet’ tioned chiefly in the hope of exert ing pressure for selfish ends. Manwould ont borrow but lor the persistence of touts. Mr I icdgold, -o licitor, gave evidence that touts fii'“' bled the prospective client, then caused the lenders to compete ter business. Touts - dressed like peerspent liberally, and were often own ers of cars.