Defence of Usury Shewing the Impolicy of the Present Legal Restraints On the Te
Defence of Usury Shewing the Impolicy of the Present Legal Restraints On the Te
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In our eReader you can find the full English version of the book. Read Defence of Usury Shewing the Impolicy of the Present Legal Restraints On the Te Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Defence of Usury Shewing the Impolicy of the Present Legal Restraints On the Te
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To quickly assess the difficulty of the text, read a short excerpt:
79 pretence for more than ordinary in- terest, inasmuch as the security is, in this case, not only equal to, but bet- ter than, what it can be in any other : to wit, the present possession of a moveable thing, of easy sale, on which the creditor has the power, and cer- tainly does not want the inclination, to set such price as is most for his advantage. If there be a case in which the allowing of such extraor- dinary interest is attended with more danger than another, it must be this: which is ...so particularly adapted to the situation of the lowest poor, that is, of those who, on the score of in- digence or simplicity, or both, are most open to imposition. This trade however the law, by regulating, avow- edly protects. What the rate of in- terest is, which it allows to be taken in this way, I can not take upon me to 80 LETT. VIII. Virtual to remember: but I am much de- ceived, if it amounts to less than 12 per cent, in the year, and I believe it amounts to a good deal more. "Whe- ther if were 12 per cent, or 1200, I believe would make in practice but little difference.
What to read after Defence of Usury Shewing the Impolicy of the Present Legal Restraints On the Te?
You can find similar books in the "Read Also" column, or choose other free books by Jeremy Bentham to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
79 pretence for more than ordinary in- terest, inasmuch as the security is, in this case, not only equal to, but bet- ter than, what it can be in any other : to wit, the present possession of a moveable thing, of easy sale, on which the creditor has the power, and cer- tainly does not want the inclination, to set such price as is most for his advantage. If there be a case in which the allowing of such extraor- dinary interest is attended with more danger than another, it must be this: which is ...so particularly adapted to the situation of the lowest poor, that is, of those who, on the score of in- digence or simplicity, or both, are most open to imposition. This trade however the law, by regulating, avow- edly protects. What the rate of in- terest is, which it allows to be taken in this way, I can not take upon me to 80 LETT. VIII. Virtual to remember: but I am much de- ceived, if it amounts to less than 12 per cent, in the year, and I believe it amounts to a good deal more. "Whe- ther if were 12 per cent, or 1200, I believe would make in practice but little difference.
What to read after Defence of Usury Shewing the Impolicy of the Present Legal Restraints On the Te?
You can find similar books in the "Read Also" column, or choose other free books by Jeremy Bentham to read onlineMoreLess
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