Luther also relaxed his principles in favour of candidates for the
office of preacher. When, in 1532, the widow of Wolfgang Jörger, an
Austrian Governor, offered him 500 florins for stipends for “poor
youths prosecuting their studies in Holy Scripture” at Wittenberg, at
the same time asking him how to place it, he unhesitatingly replied
that it should be lent out at interest; “I, together with Master
Philip and other good friends and Masters, have thought this best
because it is to be expended on such a good, useful and necessary
work.” He suggested that the money “should be handed in at the
Rathaus” at Nuremberg to Lazarus Spengler, syndic of that town; if
this could not be, then he would have it “invested elsewhere.” Such
“good works in Christ” are, he says, unfortunately not common amongst
us “but rather the contrary, so that they leave the poor ministers to
starve; the nobles as well as the peasants and the burghers are all
of them more inclined to plunder than to help.”[283] Thus it was his
desire to help the preachers that determined his action here.
A writer, who, as a rule, is disposed to depict Luther’s social ethics
in a very favourable light, remarks: “When his attention was riveted
on the abuses arising from the lending of money [and the charging of
interest] he could see nothing but evil in the whole thing; on the
other hand, if some good purpose was to be served by the money, he
regarded this as morally quite justifiable.”[284] That Luther “was not
always true to his theories,” and that he is far from displaying any
“striking originality” in his economic views, cannot, according to
this author, be called into question.[285]
_Luther on Unearned Incomes and Annuities_
A great change took place in Luther’s views concerning the buying of the
right to receive a yearly interest, nor was the change an unfortunate
one. He was induced to abandon his earlier standpoint that such purchase
was wrong and to recognise, that, within certain limits, it could be
perfectly lawful.
Public-domain text, read in full here on John Shaqi.
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