The censorship of the Church of Rome and its influence upon the production and distribution of literature, volume 2 (of 2)Putnam, George Haven
History
The censorship of the Church of Rome and its influence upon the production and distribution of literature, volume 2 (of 2)
Putnam, George Haven
Freedom of the press; Liberty of conscience; Prohibited books
=23. The Controversy concerning Usury, 1600–1800.=--In a long
series of decrees from popes and from councils, the Church has
announced its conclusion that the taking of interest, even although
the rate should not be extortionate, comes under the head of the sin
of usury. This contention was maintained constantly throughout the
17th and 18th centuries, and the several classes of trade in which the
taking of interest was a necessary factor, were condemned as not to
be permitted by the Church. As a result of this policy, a number of
legal treatises which undertook the defence of interest that was not
exaggerated into extortion, were prohibited. There were also placed
upon the Index certain other monographs in which the question had
been treated from a purely academic standpoint. Under Benedict XIV,
the controversy came to the front in connection with the publication
of monographs by Broedersen, an ecclesiastic of Utrecht, and by the
Marquis Sipio Maffei, in which ground was taken against the theories of
the Church. Benedict XIV published, in 1745, an encyclical in which he
confirms as the present utterance of the Church the old contention. The
two treatises which had formed the text for the utterance of the Pope
were, however, not prohibited. In fact that by Maffei was, in 1746,
reprinted in Rome contemporaneously with a monograph by the Dominican
Concina, in which Maffei’s conclusions were stigmatised as heretical.
It is the conclusion of Reusch that the earlier Church view, while
in theory confirmed by Benedict, had practically been abandoned. The
controversy continued throughout the 19th century, and several of the
later popes have taken the ground that the practice of taking interest
that was not extortionate could be permitted until the question had
received a final decision from the Holy See. During this latter period,
only one work on the subject was placed on the Index, a monograph by
Laborde, who was a sharp opponent of the earlier Church theory. No
final conclusion of the issue has, however, ever been reached by the
Church. It has probably been withheld because it would be difficult
to frame a conclusion that would not either directly or indirectly
constitute a reflection on the good judgment and wisdom of the earlier
papal utterances.
In July, 1745, Benedict XIV instituted a special Congregation
comprising four cardinals and clever theologians to give consideration
to the subject of usury. The theologians included two Jesuits, one
Dominican (Concina), and one Observant. The Pope himself presided over
the sessions. The conclusions arrived at were published on the first
of August in the form of three propositions. These were utilised by
Benedict as the basis of the encyclical to the Italian bishops issued
in November, 1745.
1. All return for the use of money given in the form of interest is to
be classed as usury and characterised as unlawful.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account