The Washington times. (Washington, D.C.) 1894-1895, 1895-06-10
TEMPTED By TIE SHARKS
1concluaea from First Page


OF the nlettoas Of the h1nan vuitures ti7at
prey OH tie pnfoTlGnat-- as iHstaHcel ln
your article in this mornings paper. God
only knows OF tie misery, suffering and
possibly TBin these iiiaEcial thugs have
wrought Is there na law ia this "eElight-
ened" Land that VIII protect those whose
circumstances compel theIn 10 seek accom-
mOdation.
The ueh can d 8vpothscztc bonds. etc. and
easily raise uEtCld sGnls for four per ceaE.
per ann1s3a; q poer unfortunate with moth
ing bsG lhe few household e.fects he has
gatherec thrOagh years of economy 5
stTanslea in Tie net % usary, from which
ne only eXtricaucs himself through great
hardship ard privation-
AIR Editor, Gid you ever seriously con
template the almost h0Ilelesgness OF man
Cor g-OgaaD} that cOmpets hifa TO 20 TO
such eXtremes2 You can not hre without
money. and il might be as trGthfuIly said
you cCE not Gle without il; uncertakers
do not work for love. nor do the magnates
OF oUr cemeteries donate YOU few feet
Of cold earth from charity It is the
almighty dollar that is required in AL
things. and that poor woInan yoE in
stanced with a corpse in her house was
left with the alterna live Of PotteTs
Field or a souliess JsGrcT-thrOush love
for the dead she placed herself in his
equally in distress in other directions, are
to-day pinching. starving. aud God knows
what. that these yuitsTcs may thriyeg
'.Sone five years ago, when resident
of Washington. became temporarily en-
barTassed; reading the liberal advertisement
OF one OF these brokers' thought it would
be easier to raise small loan OF 500
(and be under no obligations TO anyone)
than 10 go 10 friends. j expected that
would have to pay possibly 10 or u per
cent. per annum, but after some core
spondence received the enclosed coTnmnn
cation, which so 81 aEgened me that
never proceeded further in the matter
If you VIII figure cut the proposition you
viii See that this shark would only re-
ceive SO per cent. per annum.
This party has been in business now for
over five years, and the amount OF misery
and possibly worse than death he has
caused viii never be known. ] hope FOR
the welfare Of Others you VIII yeBtilate this
matter fearlessly and be The means of clos
ing up q worse state of affairs in the Dis
trict than exists on Alexander Island.
-'TAKoMA." j"
ATTRACTING ATTENTION.
here is one from & prominent Washing
tonian
Editor Times:-The crusade OF The Times
against existing evils is attracting wide
spread attention from the thoughtful, as
being the first Instances OF local Journalism
leaving the beaten path OF money gra bling
TO do something practical for the readers
OF papers aside from publishing the news
There are several concerns in this city
which modestly advertise that they loan
money Ou furniture, household effects,
pianos, ETC., at moderate rate of interest
and without publicity"
A. needs money and goes TO one OF them
for loan OF, say, $50. The proprietor
of the concern gives him SAT 80 and takes
As note at thirty DAYS for S55, secured
by deed OF trust on hfs furniture tor
rather q cbattel mortgagel. This mort
gage, for which charge OF 50. so is made,
Is not registered so long as A. monthly
pays 8 interest and renews his note.
Every month the renewal is made the
declaration is made that 8 cents is for
''interest" and 81. 80 for services in Sc
curing the loan As ] said, there are
hundreds OF mel who are paying from So
10 SEQ 8 month in this way.
The sophiEt viii say that men are not
compelled to borrow this money; that
money is worth what il VIII bring, etc,
while the strict constructionist will say
that the MONEY lenders do not tTRnegress
TIE law because they only pay per cent.
interest, and that the other charge is for
service rendered, etc.
II is for some champion of the unfor-
tunates-or incapables, il you please-to
rescue them from Shylock. Keep up your
noble fight against the evil which affects
hundreds. If not thousands, Of your patrons.
j. 1. r.