This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 edition. Excerpt: ... CHAPTER VI THE REGULATION OF PAWNBROKING MOTIVE FOE LEGISLATION ALL civilized nations to-day have, at some time or other, found it necessary to exercise control over pawnbroking transactions.1 This is *" equally true of the several states that make up our 1 In " Motive for Legislation," the author has ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 edition. Excerpt: ... CHAPTER VI THE REGULATION OF PAWNBROKING MOTIVE FOE LEGISLATION ALL civilized nations to-day have, at some time or other, found it necessary to exercise control over pawnbroking transactions.1 This is *" equally true of the several states that make up our 1 In " Motive for Legislation," the author has sought to define the reasons which prompted others to bring about pawnbroking legislation. He himself has not discovered any real bases for government regulation of interest rates or of any other terms of the pawn contract, any more than for regulating the cost of any other commodity. The author has considered the objects of regulation only in deference to the general belief that the business needs regulation. He believes that if all usury laws were repealed, to make place for new laws, permitting the parties to a loan transaction to fix their own terms, it would redound to the benefit of all: Provided, that on loans of sums up to $50, or even as high as $100, where any security is given to the borrower, the law should make some regulation of the business until such time as competition brings about proper conditions. Had pawnbroking not been frowned upon it would have been an enterprise unusually attractive for popular investment, and competition would have long since brought about proper conditions for the borrower. His recommendations are suggested by a long and close study of usury and pawnbroking laws and of their effects. country. How the states have met the problem can be determined only by a study of the pawnbroking statutes to ascertain whether they possess the elements essential to bring about what is unquestionably the objects of proper pawnbroking regulation. And before this may be done it should be known that the /' state, when...
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.