William O. Douglas

“ Because appellant failed to obtain a license from the State of California and pay the annual $200 fee, appellee sought and obtained an injunction barring appellant from conducting its out-of-state small-loan business until the requisite California license was obtained. In order to obtain a license, the lender must display 'the financial responsibility, experience, character, and general fitness * * * such as to command the confidence of the community and to warrant belief that the business will be operated honestly, fairly, and efficiently * * *.' Cal.Fin. ”

“ Crutcher v. Kentucky, 141 U.S. 47, 11 S.Ct. 851, 35 L.Ed. 649; Eli Lilly & Co. v. Sav-On-Drugs, 366 U.S. 276, 278-289, 81 S.Ct. 1316, 6 L.Ed.2d 288; see also id., at 288, 289-292, 81 S.Ct. at 1223, 1324 (Douglas, J., dissenting) . ”