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Updated: June 9, 2025
"Do you think so? It's a fact that I am in very deep," said the other, shaking his head. Once more Hemerlingue's cunning eyes disappeared between his cheeks, like two flies in butter. "Dame! yes, I've played pretty close. You don't lack skill. That stroke of loaning fifteen millions to the bey was very shrewd. Ah! you're a cool one; but you don't hold your cards right. Others can see your hand."
It had been in the habit of allowing its city treasurers the privilege of investing the funds in their possession at a low rate of interest for the benefit of themselves and their friends. Their salaries were small. They had to have some way of eking out a reasonable existence. Was Mr. George Stener responsible for this custom of loaning out the city money? Not at all. Was Mr. Cowperwood?
They had now descended the broad loaning, which, winding round the foot of the steep bank, or heugh, brought them in front of the thatched, but comfortable, farm-house, which was the dwelling of Hobbie Elliot and his family. The doorway was thronged with joyful faces; but the appearance of a stranger blunted many a gibe which had been prepared on Hobbie's lack of success in the deer-stalking.
The volume was a most valuable one, for Humboldt published only in deluxe, limited editions, and Tyndall was so overcome that all he could say was, "I'll do as much for you some day." Not long after this, through loaning money to a fellow student, Tyndall found himself sadly in need of funds, and borrowed two pounds on the book from an 'Ebrew Jew.
In States farther west and south, the loaning of the public credit to enterprises of the nature of the Erie Canal increased until the panic of 1837 introduced "repudiation" into American politics.
Solomon's declaration that, "The borrower is servant to the lender," was spoken without reference to usury. Loaning upon increase was not lawful in his day, and was condemned by him in his proverb, "He that by usury and unjust gain increaseth his substance, he shall gather it for him that will have pity on the poor." A loan binds the borrower to the lender though he pay no increase.
Already the bank of Lucas, Turner & Co. was established, and was engaged in selling bills of exchange, receiving deposits, and loaning money at three per cent. a month. Turner and I had rooms at Mrs. Ross's, and took our meals at restaurants down-town, mostly at a Frenchman's named Martin, on the southwest corner of Montgomery and California Streets.
Except the single gate, you could go round and round without finding any place by which an enemy might enter. The outside appearance was certainly grim, unpromising, inhospitable, and so it seemed to Miss Irma and Sir Louis as they drove up the loaning from the ford. But within, everything was different.
Under Cleveland in '84 his pension was annulled, and about the same time he was nearly bankrupted in a greedy and foolish speculation. Then fear of absolute want must have seized him, for, converting the little that was left into gold, he hoarded it in miserly fashion; loaning it at usurious rates, and hiding it when not in use in chests and crannies in his den.
And lo you, Adam, the gay Milan armour that the yeoman is scouring, all steel and silver, like our Knight's prime suit, of which old Wingate makes such account And see to yonder pretty wench, Adam, who comes tripping through them all with her milk-pail I warrant me she has had a long walk from the loaning; she has a stammel waistcoat, like your favourite Cicely Sunderland, Master Adam!"
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