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20. Of Maritime Usury. The Spirit of the Laws | ||
22.20. 20. Of Maritime Usury.
The greatness of maritime usury is founded on two things: the danger of the sea, which makes it proper that those who expose their specie should not do it without considerable advantage, and the ease with which the borrower, by means of commerce, speedily accomplishes a variety of great affairs. But usury, with respect to landmen, not being founded on either of these two reasons, is either prohibited by the legislators, or, what is more rational, reduced to proper bounds.
20. Of Maritime Usury. The Spirit of the Laws | ||