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Usury Condemned in Scripture

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International Tract and Missionary Society · Oakland, California · Sep 16, 1889

FromSigns of the Times, Vol. 15, No. 36.

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Usury Condemned in Scripture

THE laws of the Hindoos allowed 18 and 24 per cent. interest on money. Other nations were not much better. But while the Hebrews were allowed to take interest from strangers or those without, they were to take none from the poor of their brethren. "If ye lend money to your poor neighbor, of my people, ye shall not be to him an usurer, nor shall ye lay interest upon him." Ex. 22:25. The New Testament teaches the same thing. Luke 6:34, 35. According to Dr. Schaff the early Fathers of the church denounced it; so also did Luther. The taking of usury is unsparingly denounced in many places in the Bible. Neh. 5:7-10; Ps. 15:5; Eze. 22:12.