Usury Sentence Examples

Meantime much evil arises from usury in the poorer districts.

Restrictions on their occupations were everywhere common, and as the Church forbade Christians to engage in usury, this was the only trade open to the Jews.

It is not unlike the procedure of the canonists and casuists of the middle ages with regard to the doctrine of usury, by which the doctrine was to all appearances preserved intact while in reality it was stripped of all its original meaning by innumerable distinctions " over-curious and precise."

In 1872 a correspondent had remonstrated with him in vain as to taking "usury," i.e.

But, as something can everywhere be made by the use of money, something ought everywhere to be paid for the use of it," and will in fact be paid for it; and the prohibition will only heighten the evil of usury by increasing the risk to the lender.

The change in the moral attitude towards usury is perhaps best expressed by saying that in ancient times so much of the lending at interest was associated with cruelty and hardship that all lending was branded as immoral (or all interest was usury in the moral sense), whilst at present so little lending takes place, comparatively, except on commercial principles, that all lending is regarded as free from an immoral taint.

Usury had given all the power of the state to a small plutocracy.

In many places they have the monopoly of the wine and spirit shops, and retail trade generally; and as they are always willing to advance money on usury, and are more intelligent and better educated than the ordinary peasant, there is little doubt that in a country where the large landowners are proverbially extravagant, and the peasant proprietors needy, the soil would soon fall into the hands of the Jews were it not for the stringent laws which prevent them from owning land outside the towns.

The huge extent of the latzfondi, or large estates, often results in their being left in the hands of speculators, who exploit both workmen and farmers with such usury that the latter are often compelled, at the end of a scanty year, to hand over their crops to the usurers before harvest.

In 1785 Bentham started, by way of Italy and Constantinople, on a visit to his brother, Samuel Bentham, a naval engineer, holding the rank of colonel in the Russian service; and it was in Russia that he wrote his Defence of Usury.

The enslavement of creditors, overwhelmed with usury in consequence of losses by hostile raids or their own absence on military service, led to the secession to the Mons Sacer (493 B.C.).

The natives are poor, owing chiefly to maladministration, the use of opium and the usury practised by foreigners (Chinese, Arabs, &c.).

In the United States of America the law relating to the lending of money on usury varies in the different states.

The earlier ones in some cases prohibited the lending of money on usury at all, as in a statute of Jewry of the reign of Edward I.; but the later statutes were chiefly confined to limiting the rate of interest.

In 1818 a select committee of the House of Commons was appointed to consider the Usury Laws and in 1841 a similar committee of the House of Lords was appointed.

This change in the attitude of common-sense morality in respect to "anything that is lent upon usury" is one of the most peculiar and instructive features in the economic progress of society.

Before the expulsion of the Jews, however, in spite of canonical opposition, Christians had begun to take interest openly; and one of the most interesting examples of the adaptation of the dogmas of the Church of Rome to the social and economic environment is found in the growth of the recognized exceptions to usury.

Without entering into technicalities, it may be said generally that an attempt was made to distinguish between usury, in the modern sense of unjust exaction, and interest on capital.

The Italians in a few years became as unpopular as their predecessors in the trade of usury, their practices being the same, if their creed was not.

His second homily contains a denunciation of usury which has become famous.

In taking usury also, both the borrower and the lender would share that sin.

When the ancient Semitic world banned usury, it knew its destructive power, and attributed the ban to God.

Furthermore, his moral justification for revision was that times had changed and in his day usury need not have such consequences.

Then followed a large number of statutes known generally as the Usury Laws (see also Usury).

In the limits assigned to this article it is impossible to enter further into the history of the question (see also Moneylending), but an attempt may be made to summarize the principal results so far as they bear upon the old controversy, which has again been revived in some quarters, as to the proper relation of law to usury and interest.

The usury prohibition did not deny the legitimacy of profit.

Usury auto insurance manufacturer nj rates quot reported parts stolen encouraging othersstep rather.

Some of the states have usury laws giving relief to borrowers in cases where circumstances have compelled them to agree to extortionate rates; but other states have no such laws, except that a contract in writing is invariably required in all cases where the "legal rate" is exceeded.

For American law relating to Usury, see Stimson's American Statute Law, and the statutes of the various states.

At the present day, "usury," if used in the old sense of the term, would embrace a multitude of modes of receiving interest upon capital to which not the slightest moral taint is attached.

The man who does not in some shape or other lend his capital upon "usury" is, in the modern world, generally considered as lacking in his duty to himself or his family.

In ancient Greece we find similar examples of the evil effects of usury, and a law of bankruptcy resting on slavery.

It would be difficult to overestimate the importance of the influence of usury on the social and economic history of the Roman republic. In the provinces the evils of the system reached a much greater height.

It was only natural, considering the evils produced by usury in ancient Greece and Rome, that philosophers should have tried to give an a priori explanation of these abuses.

They held usury up to detestation, and practically made no distinction between interest on equitable moderate terms and what we now term usurious exactions.

The other representatives of Aryan race in Turkestan are a few (8000) Persians, mostly liberated slaves; Indians (300), who carry on trade and usury in the cities; a few Gipsies (Soo), and the Russians.

Despite the queens express prohibition, the insurrectionary assembly of the Chambre Saint Louis criticized the whole financial system, founded as it was upon usury, claimed the right of voting taxes, respect for individual liberty, and the suppression of the intendants, who were a menace to the new bureaucratic feudalism.

They perform a useful function in protecting their clients from the cruel usury which prevails, especially in the south.

The Norman and Angevin kings were fully alive to the advantages which accrued to the people through borrowing at usury from the Jews, but they were also alive to the advantages which they themselves were able to reap by extorting from the Jews the wealth which the latter had acquired from the people.