The Works of John Locke, Volume 5 |
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Page 4
... conceive may be of any the least use , though offered you from the meanest
capacities : you could not else have put me upon looking out my old papers ,
concerning the reducing of interest to 4 per cent . which have so long lain by
forgotten .
... conceive may be of any the least use , though offered you from the meanest
capacities : you could not else have put me upon looking out my old papers ,
concerning the reducing of interest to 4 per cent . which have so long lain by
forgotten .
Page 7
The bankers are a clear instance of this : for some years since , the scarcity of
money having made it in England worth really more than six per cent . most of
those that had not the skill to let it for more than six per cent . and secure
themselves ...
The bankers are a clear instance of this : for some years since , the scarcity of
money having made it in England worth really more than six per cent . most of
those that had not the skill to let it for more than six per cent . and secure
themselves ...
Page 8
rate you set , profits not the lenders ; and very few of the borrowers , who are fain
to pay the price for money , that commodity would bear , were it left free ; and the
gain is only to the banker : and should you lessen the use to four per cent . , the ...
rate you set , profits not the lenders ; and very few of the borrowers , who are fain
to pay the price for money , that commodity would bear , were it left free ; and the
gain is only to the banker : and should you lessen the use to four per cent . , the ...
Page 9
... as well as the risque in transgressing the law : whereas , were the natural use ,
suppose seven per cent . and the legal six ; first , the owner would not venture the
penalty of the law , for the gaining one in seven , that being the utmost his yield ...
... as well as the risque in transgressing the law : whereas , were the natural use ,
suppose seven per cent . and the legal six ; first , the owner would not venture the
penalty of the law , for the gaining one in seven , that being the utmost his yield ...
Page 11
But , supposing the law reached the intention of the promoters of it ; and that this
act be so contrived , that it fixed the natural price of money , and hindered its
being , by any body , lent at a higher use than four per cent . , which is plain it
cannot ...
But , supposing the law reached the intention of the promoters of it ; and that this
act be so contrived , that it fixed the natural price of money , and hindered its
being , by any body , lent at a higher use than four per cent . , which is plain it
cannot ...
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Bibliographic information
| Title | The Works of John Locke, Volume 5 The Works of John Locke, John Locke |
| Author | John Locke |
| Publisher | Thomas Tegg, 1823 |
| Original from | the New York Public Library |
| Digitized | 7 Apr 2006 |
| Export Citation | BiBTeX EndNote RefMan |