Word: sagely
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...must come, says the sage, to all good things, so it may be mildly hoped that the recent windfall of gangland "dramas" that has done so much to glorify the American Thug has worn itself out with "The Last Parade," this week's feature at Keith's. At any rate the picture goes a long way toward putting this particular type of entertainment "on the spot...
...Sage has often remarked, Radcliffe girls are frequently heard, but never seen. This morning's voice from across the Common comes as the latest development in the new, and hitherto unannounced Radcliffe-Lampoon union. This sudden domestication of the last celibate Jester sets in relief the bachel-orhood of the CRIMSON's Vagabond, who though romantic, is surely not gullible...
Founder of Beneficial was the late Clarence Hodson who supported the Russell Sage Foundation in writing and getting 25 States to adopt the general form of the Uniform Small Loan Law to govern the operations of personal finance companies. Mr. Hodson opened a loan shop in Newark, N. J., just before that State passed the Small Loan Act in 1914. He immediately started expanding his operations. In 1929 the present Beneficial Industrial Loan Corp. was formed by a big merger. It now has 318 offices in 200 cities and communities. Last year it loaned...
...present, however, the centre of the interest argument concerns the 3^% monthly or 42% in a year which the Russell Sage Foundation says it is fair for personal finance companies to charge. In some States where the legislatures have passed the Small Loan Law, attempts are being made to cancel it. Investigation has shown that much of the propaganda against small loan companies is directed by unregulated usurers who know they will lose their business in competition with licensed personal finance companies. But in addition to these sources, many contentions are heard that 42% is usurious...
Usually overlooked in the great interest argument is the fact that a small loan cannot be compared to a big commercial loan. The clerical cost of making a $100 loan is as great as for making a $100,000 loan, and the risk is much greater. The Russell Sage Foundation estimated that 42% per annum was the minimum at which new capital could be brought into the small-loan field, and the results have indicated that this was the case, that profits have not been excessive. It is the Foundation's conviction that rates can and will come far down...