7 JANUARY 1928, Page 7

* * * Last Sunday the Act dealing with money-lenders

came into force.. Money.-lenders are now forbidden to post or distribute circulars and they must no longer pass under fancy names. They generally chose names of distinction. If they do use fictitious names they must also give their real names on their documents in the same size of type. The chief loophole that remains to the money-lender is his freedom to advertise in news- papers. Most reputable papers, of course, refuse such advertisements, but all newspapers which have characters to lose ought to keep an unbroken front against the money-lender.