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PROHIBITION OF CREDIT.
  
  
  
  
  
  
  
  

PROHIBITION OF CREDIT.

An act of the Legislature prohibits merchants and others, under
severe penalties, from crediting students. The license to contract
debts, which the chairman is authorized to grant, is confined (except
where the parent or guardian otherwise, in writing, requests) to
cases of urgent necessity; and these, it is hoped, parents and guardians,
will, as far as possible, prevent from arising, by the timely
supply of the requisite funds.