The Jews had been expelled from England by Edward I., after a sojourn in the country of rather more than two centuries, during which they had been the licensed and oppressed money-lenders of the realm, and had - through the special exchequer of the Jews - been used by the sovereign as a means of extorting a revenue from his subjects.
Both countries had their artisans, money-lenders, poets and musicians.
This equitable relief is still available, though it is not so wide as the relief now given to borrowers under the Money-lenders Act 1900.
Moreover, by section 5 of the Money-lenders Act 1900, where any proceedings are taken against the senders of these circulars to infants, if it is proved that the person to whom the document was sent is an infant, the person charged will be deemed to have been cognisant of the fact unless he proves that he had reasonable grounds for believing the infant to be of full age.
24 R.V.M.); in Jerusalem Phoenician merchants and money-lenders had their quarter (Zeph.
Even these latter, who gained most by the reforms, considered that they had good reason to complain, for the defeat of Arabi and the re-establishment of order had enabled the Christian money-lenders to return and insist on the payment of claims, which were supposed to have been extinguished by the rebellion.
In its vicinity the praetor's tribunal, removed from the comitium in the 2nd century B.C., held its sittings, which led to the place becoming the haunt of litigants, money-lenders and business people.
This stipulation was agreed to in principle by the grand vizier, Amin ad-daulah, who in March, in order to meet some pressing demands on the treasury borrowed 50,000 on the customs receipts of Kermnshah and Bushire, and agreed to the lenders, the Imperial Bank of Persias agents, being placed as cashiers in the custom-houses of both cities.
The limited size of their farms, and the necessity for buying wood and paying for pasturage, both of which were formerly free, prevented them from obtaining complete independence of the large proprietors, on whose estates they still had to work for payment in money or kind, while their improvidence soon got them into the hands of Jewish money-lenders, who, fortunately for the peasants, were by law unable to become proprietors of the soil.
It would seem that his reasons were partly religious, but partly economic. No earlier king could have afforded to drive forth a race who had been so useful to the crown as bankers and money-lenders; but by the end of the i3th centur~~ the financial monopoly of the Jews had been broken by the great Italian banking firms, whom Edward had been already employing during his Welsh wars.