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Updated: June 29, 2025
And the occupations there are very much of the same nature as those pursued in the Ghetto of Rome the buying and selling of old clothes and second-hand property of all sorts, the preparation and distribution of fried fish, and here and there a little usury. But the genius loci here impresses on the trade in discarded odds and ends a peculiar character of its own.
"Here are our financial plans; the usury is high, but there is great risk, so thinks Antonio; egad! perhaps he is right, though it is possible we may pay him. Altogether a most excellent plan, my own work ." Madame interrupted him, thinking perhaps it was wise that he should not be committed too far that he could not throw the blame on other shoulders.
The reform battles fought and won are assurances that victory shall also reward those who contend against this sin of usury. There are also other good grounds for confidence.
The custom of usury was never reasoned into practice, but was permitted to creep in while reason was diverted to abstract, abstruse, scholastic subjects by those who claimed to be scholars. Had the fathers reasoned more about practical subjects, and scolded less, this sin would never have appeared in Christian society and claimed respectability.
It is a standing illustration of the success of a strictly cash business. The great benevolent missionary enterprises, that send their messengers to all lands, over the whole earth, receive and disburse the gifts of the benevolent. Their work is not interrupted, but continues from age to age. The commerce of the world can be carried on just as effectively without usury.
First brought into England as papal agents for remitting to Rome the spoils of the Church, they found means of evading the canonical prohibitions of usury, and became the loanmongers of prince and subject alike. To the crown the Italians were more useful than the Jews had been. The value of the Jews to the monarch had been in the special facilities enjoyed by him in taxing them.
The Clear Grits advocated, the application of the elective principle to all the officials and institutions of the country, from the head of the government downwards; universal suffrage; vote by ballot; biennial parliaments; the abolition of property qualification for parliamentary representations; a fixed term for the holding of general elections and for the assembling of the legislature; retrenchment; the abolition of pensions to judges; the abolition of the Courts of Common Pleas and Chancery and the giving of an enlarged jurisdiction to the Court of Queen's Bench; reduction of lawyers' fees; free trade and direct taxation; an amended jury law; the abolition or modification of the usury laws; the abolition of primogeniture; the secularization of the clergy reserves, and the abolition of the rectories.
"Many of them matriculated also to the noble art of usury before you were born," interrupted Francesco Cei, "as you may discern by a certain fitful glare of the eye and sharp curve of the nose which manifest their descent from the ancient Harpies, whose portraits you saw supporting the arms of the Zecca.
Usury, on the other hand, beginning in utter infamy, has travelled upwards into considerable esteem; and Mr. '10 per shent' stands a very fair chance of being pricked for sheriff next year; and, in one generation more, of passing for a great patriot.
The economists cannot be ignorant of this rudimentary principle of their pretended science: why, then, do they so obstinately defend property, and inequality of wages, and the legitimacy of usury, and the honesty of profit, all of which contradict the economic law, and make exchange impossible?
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