University of Virginia Library

Search this document 
  
expand section 
  
expand section 
  

expand section1. 
expand section2. 
expand section3. 
expand section4. 
expand section5. 
expand section6. 
expand section7. 
expand section8. 
expand section9. 
expand section10. 
expand section11. 
expand section12. 
collapse section13. 
 13.1. 
 13.2. 
 13.3. 
expand section13.4. 
expand section13.5. 
 13.6. 
collapse section13.7. 
  
  
 13.8. 
 13.9. 
 13.10. 
expand section13.11. 
expand section13.12. 
 13.13. 
 13.14. 
expand section13.15. 
expand section13.16. 
expand section13.17. 
expand section13.18. 
expand section13.19. 
 13.20. 
expand section14. 
expand section15. 
expand section16. 
expand section17. 
expand section18. 
expand section19. 
expand section20. 
expand section21. 
expand section22. 
expand section23. 
expand section24. 
expand section25. 
expand section26. 
expand section27. 
expand section28. 
expand section29. 
expand section30. 
expand section31. 

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.