To the Editor of the "Nonra-Cuisa Dairy News."
Sir,—I trust you will allow me little space in your valuable col-urnns to voice my opinion on Indian money-lenders. Now that the Trenches are really closed, Shanghai, to be a Model City, "has yet to start a campaign against these Indians, These Indians lend money at 10 per cent. interest and, if one is hard pressed for money, 20 per cent. and even 50 per cent. per month, and if the, borrower fails to pay the fill amount, the interest must be paid. This is never recorded in the I. O. U. note, so that when the lender is suing the unfortunate victim for the money, he will insist that he has waited a month longer than he actually has. I know boys who keep paying interest for mouths and months and I know also of boys who are forced to borrow from one Indian to pay the other, because the latter threatens to-take proceedings against him and thereby runs a 90 per cent. chance of losing his position. I was delighted at Mr. King's recent, decision in the Police Court and I raise my hat as a mark of respect to him. Long may he live. In Hongkong all these Indians are registered and judgement of $1 to $2 is often given by the judge to mark his feeling in the matter.
I am, ete, Onze Wuo Knows.
Shanghai, Jan. 16.
Text read from the printed page and cleaned; old type leaves the occasional error.