PAWNING THE CAR
SPECIAL BUSINESS IN FRANCE
In France, where the Government and uunicipalities are also in the pawn broking business, loans can now be raised on cars.
Special pawn-garages have been constructed, and within a,few days of the jpening of the first, it was guarding its full accommodation of 200 motor-. i:.ts' pledges. The French idiom for pawning an article is putting it "au clou," hanging in "on the nail"; but nails sufficiently large to hold cars cannot be found in ordinary pawnshops, so that pawngarages are being prepared all over the country. "Uncle" usually has the same idea of the value of a car as a motor trader has when a trade-in is wheeled up for inspection; but then the pawnbroker is lending, not buying, and he charges only 9 per cent.'for his money. Government pawn-garages are not rapacious in France. Petrol must be drained from cars as soon as they are in "pop," but if the pawner romem-bei-s to bring a can with him he is allowed to take the petrol away, presumably for use in his automatic cigr arette lighter, if that has not beeri pawned first.
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Shannon News, 25 May 1928, Page 1
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191PAWNING THE CAR Shannon News, 25 May 1928, Page 1
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