To the Ealtor of the "INORTI<Cuiva Datuy News Sin=1f, "the man in the street is setting somewhat tired of seeing many loiters and articles with regard {o-laws and other. matters relating to, mgrtgayes," In the correspondence columns. of your paper, it Is evident the status of these selliements is concern of his. criminating laws as promulgated hess ingulious, harm and dis the" "Chinese Government have Drought about the. present. crisis in this source of investment and it must be apparent to all who stop to thins that the time has arrived for rome concerted ction to be taken bythe Powers to bring such pressure. "(9 Deas" upon the Chinese Government to amend the: same 0: os to enable the: wheels of "this Ind of invest. ment'to one more Tevolve. instead of being clogged and brought to a Standstill goat present.
1 Is unnecessary to reiterate the nfusiness "of the" action taken by the Chinese Government. in prompt ating Jaws that defend mortgagor find cut avery from a morigogee. his Tega status by preventing him tom securing Justice' without being. cor: pelled to take. sation in the Provi-Hlonot Court. By" this" method. woud take several years Yo. secure Justice. "This fs. what is happening tonday and the tooner these laws are amended so. a5 to give equal justice {o both parties, the sooner a revival Wil take place here, do not agree with Restist that mortgagees are any more. money Tenders than' bankers as the average rate of Interest on mortgagee ranges from'? per cent, to € percent, pay whereas'a, banker onan. overdatt with adequate security demands the game rate of interest." 1'see, no reas Son for a mortgage to reduce his Tale of interest any more then "10 compel a banker to lower his rate for an overdraft. rather funny to reed about he bleating of the mortgages when practically every. member of the Community is aulfering from reduced income according to" REALIST.
I know of femilles which have their all in mortgages and have re-
months and are In a far more serious position to-day than those members of the community who are compelled to live on a reduced income.
Surely some income is better than none at all.
Text read from the printed page and cleaned; old type leaves the occasional error.