Conversations On the Principal Subjects of Political Economy
Conversations On the Principal Subjects of Political Economy
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Well, hireling, if you please. Do you know any office among men, whether rewarded with salary, fees, or wages, that is not in a hireling service ? Sometimes money works for its owner for wages called interest ; sometimes it takes the r61e of an em- ployer, when its yield is called profit. You may call the earnings of money invested, interest, rent, or wages. In the olden time its return to the lender was called Usury, derived, I suppose, from its use ; but the words fell into disuse three or fo...ur hundred years Digitized by VjOOQIC MONEY OF ACCOUNT. 149 ago, under the prohibition of its exaction from their brethren among the Jews, while it was allowed in their traffic with the Gen- tiles. I do not know the etymology of the substituted word, In- terest. It was probably adopted as a technical escape from the denunciations of the law and the prophets.
jP. The wages, or hire of service, are usually described by dif- ferent terms — some of them mere euphuisms, used because the rose will smell sweeter under another name.
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You can find similar books in the "Read Also" column, or choose other free books by Elder, William, 1806-1885 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Well, hireling, if you please. Do you know any office among men, whether rewarded with salary, fees, or wages, that is not in a hireling service ? Sometimes money works for its owner for wages called interest ; sometimes it takes the r61e of an em- ployer, when its yield is called profit. You may call the earnings of money invested, interest, rent, or wages. In the olden time its return to the lender was called Usury, derived, I suppose, from its use ; but the words fell into disuse three or fo...ur hundred years Digitized by VjOOQIC MONEY OF ACCOUNT. 149 ago, under the prohibition of its exaction from their brethren among the Jews, while it was allowed in their traffic with the Gen- tiles. I do not know the etymology of the substituted word, In- terest. It was probably adopted as a technical escape from the denunciations of the law and the prophets.
jP. The wages, or hire of service, are usually described by dif- ferent terms — some of them mere euphuisms, used because the rose will smell sweeter under another name.
What to read after Conversations On the Principal Subjects of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Elder, William, 1806-1885 to read onlineMoreLess
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