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She had given him the money with which to purchase a business of his own as a second-hand bookseller. This trade the enterprising and greedy young man combined with money-lending and he clandestine sale of improper books and photographs. To such a man the coming of Marie Boyer was a significant event.
"I have left it with Mr. Sandford, an acquaintance of mine, to invest for me. He is secretary of an insurance company, and knows all the ways of the money-lending world." "It's a great risk, Walter, to trust our all." "Not our all, mother. I have a salary, and, whatever may happen, we can always depend on that. Besides, Mr. Sandford is a man of integrity and credit.
"I suspect he's something in the smart money-lending line; one of the fellows who deal with minors and others on post-obits." "Post-obits?" "Promises to pay after somebody's dead. Suppose there should be only an invalid or an old man between you and a valuable property; you could borrow on the strength of your expectations.
"If you think of selling what you have to sell," continued Sir Thomas, "you had better take Mr. Newton's letter and put it into the hands of your own attorney. It will be ten times better than going to the money-lending companies for advances. If I had the means of helping you myself, I would do it." "Oh, Sir Thomas!" "But I have not.
The common rate was twelve per cent. per annum. This is inferred from the fact that six per cent. was called half interest and three per cent. one-fourth interest. The early records of Rome prove conclusively the odium attached to the business of money-lending for profit. In the codification of laws in the fifth century B.C. the rate of usury was fixed at one per cent. per month.
But under the new regime these priests are becoming mere decorative survivals, that look well enough in the landscape, but are not taken seriously save in their match-making and money-lending capacities. The intense realism of their religion is what still keeps it alive for the poor in spirit. Their saints and devils are on the same familiar footing towards mankind as were the old gods of Greece.
Carter looked at the jewellers till he came to one whose proprietor blended the trade of money-lending with his more aristocratic commerce. Here Mr. Carter stopped, and entered by the little alley, within whose sombre shadows the citizens of Hull were wont to skulk, ashamed of the errand that betrayed their impecuniosity. Mr.
It is the shattered faith in humanity, and the heart hurts that I regret, rather than the loss of what can be replaced. I tell you these incidents that you may realize how I have come to regard money-lending, as a species of unkindness to a friend or relative. It is only one step removed from giving a sick or overtaxed man or woman a morphine powder.
So money-lending, necessary to all great commercial and industrial undertakings, was left to the Jews, from whom Christian conduct was not expected. This ill-starred people played a most important part in the economic development of Europe, but they were terribly maltreated by the Christians, who held them guilty of the supreme crime of putting Christ to death.
Finance, of course, arises out of commerce and is an essential part of its machinery. By finance we mean the machinery of money money-dealing and money-lending. Money becomes necessary as soon as the exchange of commodities, which is the meaning of trade, becomes fairly developed.
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