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15 June 1805
Evidence
At that variable rate interest: but, whether small or great in its relative quantity, always
enormous in its absolute quantity, into whose pocket is it received gathered? Not
into that of the injured creditor, but into that of the accomplice and instrument
of the inequity, the man of law. Behold The by private, with
hands and eyes lifted up raised up to heaven, declaim declaiming against rapacity in
the person of the creditor presider, stamped branded for the purpose with the name of
usurer, whole and while under the execution of a foolish and antiquated law, reward, the situation bestowed on the borrower
by a fine imposed on the saviour to the amount of exactly three times the money lent so employed by the loan lent by him: generous
Virtuous indignation: but where is the latent, the real grievance? that the price of forbearance
has gone into the wrong pocket: while at the same time meantime the very suit which
gives occasion affords opportunity to this ebullition of all this zeal for justice, affords its
profit to the right one, to the official sacred pocket to which the technical
system had appropriated it.
Certain it is, that whether the profit made by the unlicenced oppressors
or supposed oppressors be or be not an object of usury to licenced
and licencing ones, certain it is that such is the destruction of the price thus
paid for delay, is altogether notorious out of dispute.
That profit that ever fell into that sacred pocket, was ever
matter cause of real indignation, what miseries that ever were produced
by profit so received were ever matter cause of real sympathy, to the
man of law?
Identifier: | JB/058/380/001 "JB/" can not be assigned to a declared number type with value 58.
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jeremy bentham |
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