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Publication: European Stars and Stripes Tuesday, June 18, 1968

You are currently viewing page 4 of: European Stars and Stripes Tuesday, June 18, 1968

   European Stars And Stripes (Newspaper) - June 18, 1968, Darmstadt, Hesse                              Page 4 the stars  stripes credit takes Homes furniture Cash attacks cheating of the by Henry keys Washington up something of what wednesday s poor people s March on Washington is All about is told in a new  startling Book by  g. Magnuson chairman of the Senate Commerce com Mittee. The Book the dark Side of the marketplace is a Chroni Cle of the Chisling  cheating of America s negro poor by Gyp salesmen Shady business men  financial institutions the reputable As Well As the off beat All backed to the Hilt by the Law. Magnuson  freelance writer Jean Carper who co authored the Book Tell How 56-year- mrs. Phillips of l o s Angeles put her radio in for repair Job which was to Cost $1. When she later Learned the Bill was to be $8.90, she sent her 20 year  son to retrieve the radio. Instead he bought a new radio at payments of $1.20 week  she signed the sales contract. When the payment were not prompt the dealer obtained a court judgment order ing return of the radio  $81.50 in court costs  collection fees. Mrs. Phillips returned the radio but she could not pay the $81.50. To satisfy this debt the dealer then forced Sale of her House  lot at Public auction. As the Only bidder the dealer himself bought the property for $26.50. Mrs. Phillips was allowed to stay on at $10 a week rent. Another Story tells How managed negro couple in Philadel phia signed a contract for paint ing the front of their House  installation of a new storm door. The Job was Worth be tween $200  $250, but the Salesman got them to agree to a Price of $650.halfway through the contract the husband fell ill  missed four monthly payments of $34 each. In the next 18 months remade up two of them but at this Point after it had collected42 of the 48 due payments the finance company closed in an forced the Sale of their Furni Ture valued at $2,347. The Vic president of the finance com Pany bought it at a sheriff s auction for $90. The now destitute couple had by this time payed $1,427 of a total contract amounting to$1,632, including $982 in finance charges. Their delinquency on the contract was Only $67.96. Magnuson commented such timing is not always accidental. Many companies wait until the debtor has substantially reduced his debt before taking Legal action. That Way the company is a double win Ner it has nearly All the Money owed on the contract  theman s property As  in yet another Case a Phila Delphia negro answered an advertisement promising training in the use of a floor buffing machine  the referral to him of jobs which would pay him $4 to $6 an  of the Deal was that he should agree to buy a buffing machine on time payments for a total of $1,296.at the end of three Days training he  his wife we retold to stand by their Telephone  wait for Job Calls. Non came. A week later the negro went Back to the company Only to discover the offices vacant  an out of business Signon the door. He begged a finance company which had bought his time pay ment contract to take it Back  cancel his debt. It refused. The Market value of the machine was Only $288.75. He is still paying for it. From coast to coast mainly in our Urban areas those who can least afford to pay Are paying unconscionable prices for junk pawned off on the by trickery deceit  fraud. By signing contracts containing the most inhumane clauses these poor people legally bind themselves into misery mag Nuson wrote. When they cannot pay or re fuse to pay they Fine them selves pushed even further into destitution by a Legal system which is incomprehensible totem  which has become perverted from a device for protecting the innocent to a Means of abetting the  making credit sales promptly sell the signed contracts to finance houses. As holders in due course these Are regarded As innocent disinterested parties which lend the Money  therefore except in rare cases As having no responsibility to the Borrower should the. Transaction turn out to be Shady. Many of the poor Don understand the most Elemen tary facts of life for example the role of the finance com Pany Magnuson said. Theydon t realize that their contract has been sold to an impersonal third party against which they have no Legal recourse. In their does that say election seat or ejection seat maybe not Hippocrates the father of medicine9? Chicago up the hip . And died a Century later the Hippocrates Coin bears an to it the a i incas Beil cratic oath May yet turn out the oath that bears Hippo inscription which included one of Anomie i tort Ifill be the Chry Bippus oath. Crates name has a general of the philosopher s phrases inf w1" financial instil to to a a a n it Art 4 it n n 1 a 4-l-m-rlt4 in fun. A a 4-it a i n 1 avbtrl4 4 in n4 no. Aa4 4-v Itu Sveri 4-vt of la re q m Fly of  l-5ll i _  Magnuson said Manv poor never even know a being taken to court they do not receive summonses because of  in we j service the summons of instead of delivering he Mons to a ghetto simply throws it in t leaves it at an  adore otherwise disposes of in the debtor none the Wiser the debtor s absence court is automatically i guilt. He has forfeited Ito defend himself  the i machinery Cranks up to payment. Unaware of what opened in court the debtor surprised  shocked wha Ilaw moves  Magnuson  it is not difficult to i Gine How the negro dwellers already sushi cows the White Man  the isee themselves As victim White collusion. They do not have the Ai notion of what has happened them. They know that they been badgered by Bill tors lost their jobs seen furniture or Homes swept a  that the Law is somehow a placated. With the phenomenal Ision of credit  insula buying the unscrupulous now reach deep into the i tos  the ranks of the Ica Ted  unsophisticated toe tract Large sums. A Rich new Field Pasibe found in the mass esp Tion of great numbers of Flower  Middle classes n know Little about the traps contracts. Sales were easy to through misrepresentations because of the exor credit charges swindlers make hundreds of thousand Ollars on a single Sale. The thieves formed corp irions organized National rings used All the modern Tulch Anodising methods. What they didst we organized for the maj courts  our Empig came their collection Ageno. Our contract Laws  provisions do gel to fit the economic Conditi poor Tito the Man most people thought to be the author of the Hippo cratic oath Hippocrates the ancient philosopher did not write it according to the re search of a late Rockefeller University  an article in the june 17 Issue of the journal of the Tern of such a i the Book says. American medical association entering on the research of the late prof. Ludwig Edelstein  w. Richards concludes that two busts which Lon were thought to depict Hippo crates Are instead replications of the stoic philosopher Chrysis pus of the third Century .Hippocrates was born in 460 code of ethical conduct that is about the Brevity of life  a applicable to physicians today cording to one theory is thought As in the past. But Edelstein to be a bust executed from studied it in detail Richards drawings of Hippocrates during wrote  reported that Many his later  its prohibitions such As against surgery Are those of the pythagorean school of medi Cine which came after Hippo crates death. Conclusions about what Hippocrates traditionally called the father of Medicine looked like have been based on a profile found on a roman Conof the first Century . Richards claims however that a Coin was found near the end of the 19th Century which Starl ol., ii bears the profile of Chry Bippus a ?xx1% in a 8t�  which More closely resembles two busts found in ancient museums previously believed to be likenesses of Hippocrates. A bust found in a Greco to.  Iman grave in 1940, however. The United states is an open soc a which More closely resembles to know a cherished  Guaiana a i european edition col. James w. Campbell Usa it. Col. F. 9. Michael jr., Usan Mert Procto Relmer d. Fran Henry 6. Epstein an unofficial newspaper of  for the  printed commander in chief . European command an m1_  a. Re car Ana on in i. York office i Wai Hinton at.,no   v the department of defence or  
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