MONEY LENDING
ACTIVITIES IN INDIA. Though there are Acts in India to regulate money lending and control money lenders, Legislatures evidently think there are. not enough, for some are engaged in producing more. An Assam administrator pins his faith to executive notification. To defend his people of the Khasi and Jaintia hills against the N.W.F. money lenders, comprehensively known in common language as Pathans, the Deputy-Commis-sioner has decided that no business may be done by these except before umpires appointed by himself. Debts shall be paid, and money lent, only in their presence. They shall see to it that rates of interest are legal and money signed for has been received by the borrower. Business done henceforth otherwise than in accordance with the order will not be enforced by any civil court.
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Wairarapa Times-Age, 30 August 1938, Page 4
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132MONEY LENDING Wairarapa Times-Age, 30 August 1938, Page 4
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