The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1937-01-22
The Telesca Bill

] have always cStcemcQ ScDhLOT
Tclcgca as a man IN whom the
milk OF human kindness flowed 30
abundantly that ne might we'll be
called dairy OF gentlcness, toll
crancc. swcetness and light. That
estimate must now be revised and
7 make the revision more In sor-
row than In anger. The Scion
from the Thirticth District must
be another Jekyll-Hyde double
personality. On January 18th DR..
Jckyll Tclcsca introduced a reso-
luton TO establish fund OF
$3.50, 900 TO build n Soldiers Home
Mt Rocky Hill. The building Us
badly needed and indicates a love
for hts fellow man on the part OF
the bills sponsor. But right after
that act, which all right minded
persons must applaud, DR.. Jekyll
Tclcsca disappears. And the
blood hungry. mercilcss. unSpeak-
able Mr.. Hyde Telesca takes hW
place and az his first crime after
the transformation actually tend
ers a proposition TO horror
stricken senate to reduce the In
terest rate on small loans from
THREE PER CENT PER
MONTH TO TWO PER CENT
PER MONTHil!!l He would reduce
the food allowance Of the loan
sharks OF Connecticut from
THIRTY SIX PER CENT IN
TERTsT ANNUALLY TO A MIS-
ERABLE TWENTY-FoUR PER
CENTlill!
IncOmprehensible
Senator T'ele8ca has nurtured In
the serene benignity Of the Itch
field hills where never q harsh
word Is spoken: where the moo
ing OF the kline In the broad
meadows In one livelong bovine
chorus lowing Iris Love, and Love
Alone That Rules the World:
where the hickory switch is ABB
sent from the chastening wood
shed: where mans inhumanity 70
man Is utterly unknown. How
anyone reared In such an environ
ment could be guilty OF diabolical
atrocity against q purely philan-
thropic group like the small loan
lenders rs incomprehensible. What
change has taken place In the
softly smiling Tony? What has
turned the sweet milk Of his spirit
into the sour, pot-cheesc dispose
ton OF o legislator bent on de-
stroying one Of the noblest In
stitutions OF otr contemporary
civilization Twenty-fotir per
cent q year, II YOU please, IA oil he
would permit 10 be wrting out OF
the little borrower when we all
know that thirty-six percent was
scarcely sufficient to keep the loan
sharks teeth filed, cleaned, and
filled
Shame On You!
For shame Senator Telescal
Have you no bowels Of compass
sion? Not only are you running q
most worthy and admirable btisi-
ness, but you are setting up I'M
fair competition for the second
hand furniture trade. How can
the latter enterprise continue "
IL has 70 cut prices 70 meet the
competition Of the small loan
companies who are obliged 70 seize
and dispose Of the kitchen stoves,
the refrigerators, the babies
cradles, the frying pans, the
prams, the kiddis cars, the pongo
sticks, and the scooters for unpaid
lendings 10 consclenceiess bor-
rowers? II cannot be done. Live
and let live. eenatori II there
comes O choice as TO who shall live
and who shall perish, spare. on.
spare, the thirty-six percenters.
You won't get anywhere with your
attempt TO cut them down TO
twenty-four percent annual re-.
turn on their investments. Last
session you tried 10 reduce the
take from three percent per
month 10 two-snd. osse-half per.
cent per month, from thirty.six
percent . year 10 thirty percent
| per year. And Governor Gross
vetoed your bin BECOME Senator
Mr.. Hyde Teieecai Bring back
senator Or. Jckyll Telesca =. u