EXCHANGE ON CHEQUES.

Waikato Times, Volume XXXVII, Issue 3017, 14 November 1891, Page 2

EXCHANGE ON CHEQUES.

TO THE KDITOK. Silt, —I am glad a champion has at length arrived to put an end to practices which, as your correspondent "J.D.P.M." .says,

" ought to be abolished," but why does he stip at Bank exchange ? I find ovety class in the community preying upon another, intent on making a profit, and it is high time the public should "combine and protest against" such iniquity. Let me point out a few of the many abuses which are "endured without a raurmer," all of them quite as unreasonable as the charge made by the Banks. I lately got a doctor's bill amounting to considerably more than the drugs had actually cost him, and a friend of mine says his lawyer charged him for a deed ever so much more than the value of the parchment and ink with which it was nude. I lately priced a mangle for my wife, and I could tell by the guilty look on the ironmonger's face that ho was asking me more than the article had cost him. I met a farmer yesterday on mv way to Ohaupo who unblushingly admitted he had sold some fat cattie for more than ha had given for them, aud he was on his way to put the cheque into the Bank at Hamilton rather than ride over to Te Awainutu to get it cashed, although he knew ho would be charged the exchange so strongly condemned by your correspondent. Now why should all these people seek to make a profit? Surely the advantages of living in this salubrious district "ought to amply repay them without charging " one another as they do. If "J.D.P.M." will direct his crusade against all these extortionate practices, and not single out one only, he shall have my hearty support; but so long as people try to make a profit by their work, I'm afraid wo shall have a tough job to induco the bankers to do their part for nothing.—Yours, etc., Live and Let Live.