In most other parts of Europe, even at that late age, the relation
between the Jew and the non-Jew was far from satisfactory. What made the
quarrel between the two races so hopeless was the fact that both sides
were equally right and equally wrong and that both sides could justly
claim to be the victim of their opponent’s intolerance and prejudice.
In the light of the theory put forward in this book that intolerance
is merely a form of self-protection of the mob, it becomes clear that
as long as they were faithful to their own respective religions, the
Christian and the Jew must have conceded each other as enemies. In the
first place, they both of them maintained that their God was the only
true God and that all the other Gods of all the other nations were false.
In the second place, they were each other’s most dangerous commercial
rival. The Jews had come to western Europe as they had originally come
to Palestine, as immigrants in search of a new home. The labor unions
of that day, the Guilds, had made it impossible for them to take up a
trade. They had therefore been obliged to content themselves with such
economic makeshifts as pawnbroking and banking. In the Middle Ages these
two professions, which closely resembled each other, were not thought
fit occupations for decent citizens. Why the Church, until the days
of Calvin, should have felt such a repugnance towards money (except
in the form of taxes) and should have regarded the taking of interest
as a crime, is hard to understand. Usury, of course, was something
no government could tolerate and already the Babylonians, some forty
centuries before, had passed drastic laws against the money changers who
tried to make a profit out of other people’s money. In several chapters
of the Old Testament, written two thousand years later, we read how Moses
too had expressly forbidden his followers to lend money at exorbitant
rates of interest to any one except foreigners. Still later, the great
Greek philosophers, including Aristotle and Plato, had given expression
to their great disapproval of money that was born of other money. The
Church fathers had been even more explicit upon this subject. All during
the Middle Ages the money lenders were held in profound contempt. Dante
even provided a special little alcove in his Hell for the exclusive
benefit of his banker friends.
Theoretically perhaps it could be proved that the pawnbroker and his
colleague, the man behind the “banco,” were undesirable citizens and
that the world would be better off without them. At the same time,
as soon as the world had ceased to be entirely agricultural, it was
found to be quite impossible to transact even the simplest business
operations without the use of credit. The money lender therefore had
become a necessary evil and the Jew, who (according to the views of the
Christians) was doomed to eternal damnation any way, was urged to occupy
himself with a trade which was necessary but which no respectable man
would touch.
Public-domain text, read in full here on John Shaqi.
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