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A Money-Lender’s Usurious Interest

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International Tract and Missionary Society · Oakland, California · Aug 13, 1885

FromSigns of the Times, Vol. 11, No. 31.

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A Money-Lender’s Usurious Interest

A MONEY-LENDER in Bristol recently sued a butcher for £20 due on a promissory note. It transpired that the rate of interest was 130 per cent. As the note was a written contract, the judge could only give judgment for the plaintiff, but he indicated what he thought of the transaction by ordering payment at the rate of sixpence per month. It was calculated that ten years would elapse before the Shylock would be reimbursed the amount he had to pay for court fees.—Sel.