England's Ideal, and Other Papers on Social Subjects

By Edward Carpenter | Go to book overview
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MODERN MONEY-LENDING, AND THE MEANING OF DIVIDENDS.

"If I lend £100, and for it covenant to receive £105, or any other sum greater than was the sum I did lend, this is that that we call usury; such a kind of bargaining as no good man, or godly man, ever used." -- Bp. Jewell.

"Chi fila ha una camiccia, e chi non fila ne ha due."

THE practice of Money-lending is now carried out on such an enormous scale, and by such a large class of society, and is attended by certain evils so widespread and disastrous, that it has become fairly necessary to look the problem in the face; and whatever may be the conclusion arrived at, I shall consider the purpose of this paper fulfilled if it causes the reader (and myself) to confront the question, and to see that it requires solution.

There has always been a disagreeable odor about this trade. The very word Usury has unpleasant associations with it. How is it then that we who reprobate the money-lending Jew of mediæval Europe and the marwari whose loans press so heavily

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