Page:Indian Journal of Economics Volume 2.djvu/576

 58 Bo$1t Lsbor as s Chotnagpur. unworked are may get, employment,. and Sfieel of laborers. The villagers. hardship. comes, fihe factor fihe If developed, s large Messrs. Works has earlfile of produet, ion is abundant, in mineral resources which lie number of laborers Tats Oompsny's Iron given employment, to touds eonst, it, ut fihe chief weslfih of fihe Want,. of espifisl is fihe cause of much When fihe season for sgrieulfiursl operations people have fie take recourse fie loans. The ratio of infieresfi varies from Oppression and deeeipfi on fihe part, are very common. "The evil does 75  150 per cent. bf fihe creditors not, proceed so much from t, he nmkajan's claim for compound intresi which keeps fihe debfi infisefi for ever, buff from fiheir pernicious habit, t of making eollusivo compromises with the ryeils." of the ignorance of Settlement Beporfi The credit, ors often t, ske sdvsnte fihe villagers. Mr. Sifton in his queries fihe case of s $antal who borrowed rice worth Es. 6. For t, his loan msbajan held 1.10 seres of don first, class land, s quarter of an sere of don third class land, half an sore of taut as well as s. hand note for Rs.1. In the ease of s loan of grain, t, he amount, is repaid st, harvest, time by double the quantity borrowed. Some of the poorer classes point, out, that, indebfiodness is a mark o! solvency. In one cursions we wanfled to know fihe but, he said fihafi he was floe poor Money lenders grant, loans-to men landed property or carlfile; fihey never fie a man like him who works as of our village ex- debt, of a Bhuyis, to have a deb. who have some hazard s loan daily laborer wifih hardly any properfly moveable or iramoveable. The oo-oper_sfiive credit,' soeiefiies are doing subst, an. fiisl work st, Rsnohi fihrough fihe exertion of some I Final 8ettlement'in the diskriot of Hssaribssh.