Principles of Political Economy, Vol. 2Roscher, Wilhelm
General
Principles of Political Economy, Vol. 2
Roscher, Wilhelm
Economics
[Footnote 190-4: Exod., 22, 25; Levit., 25, 35 ff.;
Deuteron., 15, 7 seq.; 23, 19 seq.; Psalms, 15, 5; 109, 11;
112, 5; Proverbs, 28, 8; Jerem., 15, 10; _Hes._, 18, 8.
After the return from exile, the prohibition was restored.
(Net. 5, 1 ff.) Was there, in the long duration of such
prescriptions, an educational measure having reference to
the peculiar fault towards which the Jewish national
character had a special tendency? In Josephus's time even,
usury practiced on one's country people was universally
despised (Antiq. Jud., IV, 8, 25.), and the Talmud continues
it. Compare _Michaelis_, De Mente ac Ratione Legis M. Usuram
prohibentis. In Russia, the orthodox Jews are wont to evade
the legal rate of interest by exacting one-half the profit,
and estimating it approximately in advance at a probable
sum. If, afterwards, the debtor declares under oath that he
made no profit, the creditor has no more to say; but then
the borrower would lose all credit in the future. (_Bonav.
Mayer_, Die Juden unserer Zeit, 1842, 13 seq.)]
[Footnote 190-5: The Mosaic passages, however, only prohibit
the taking of interest from poor people of one's own
country.]
[Footnote 190-6: The prohibition in the Koran, ch. 2, 30, is
regularly evaded in Persia, by deducting the proper amount
at the moment the loan is made. (_Chardin_, IV, 157 ff.)
Under the Mongolian rulers, it was done by way of
preference, by a fictitious sale for cash, at prices out of
all proportion. "Why cannot capitalists either buy land or
carry on trade?" asked Sultan Gazan, on an occasion when the
prohibition of interest was strongly insisted on.
(_d'Ohsson_, Histoire des Mongols, IV, 397.)]
[Footnote 190-7: For instance, _Luke_, 6, 34 ff., where
interest is no more prohibited than in _Luke_, 14, 12 ff.,
the mutual invitation of friends to a feast. Not less
groundless is the supposed allegorical allusion (_Matthew_,
21, 12) to interest-creditors. Rather might an approval of
interest be inferred from _Matthew_, 25, 27.]
[Footnote 190-8: _Origen_, for instance, would have the
creditor take no interest; but exhorts the debtor to return
double the amount unasked. (Homil., III, ad. Ps., § 37.)
Hence there is here no condemnation of interest, but only an
effort to transform all legal relations into relations of
love. Quite the reverse in _Lactant._, Instit., VI, 12;
_Basil_, ad. Matth., 5 ff.; _Ambrose_, De Off., III, 3;
_Chrysost._, ad. Matth. Hom., 56; Tim., VII, 373 ff. (Paris,
1727); _Hieronym._, ad. Ezech., V, 367 c. (Francof, 1684);
_Augustin._, Epist., 54. Even _Cyprian_, 183, 318 (Paris,
1726).]
SECTION CXCI.
INTEREST-POLICY.--THE CANON LAW, etc.
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