Word: mercial
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Dates: during 1930-1939
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From those who lend money for com- mercial enterprises, the Industrial Revolution in the 18th Century erased the last stigma; banking became a noble, honored profession. But much longer did there remain feeling against the moneylender who finances wage-earners with little loans. In 1928, Wall Street was genuinely surprised to hear that the old, conservative house of Lee, Higginson & Co. was offering stock in Household Finance Corp., a company whose business consists of lending $100 to $300 at 2½% a month...