A16337:203
A short and private discourse between Mr. Bolton and one M.S. concerning usury. PublishedA short and priuate discourse betweene Mr. Bolton and one M.S. concerning vsury. Published
A short and private discourse between Mr. Bolton and one M.S. concerning usury. Published by E.B. by Mr. Bolton's own copyA short and priuate discourse betweene Mr. Bolton and one M.S. concerning vsury. Published by E.B. by Mr. Boltons owne coppy
London: printed by George Miller, 1637
Modern spelling is a reading aid: the words are the author’s, only the spelling is modernized. Original shows the page as printed, with the transcription marks.
For there is great difference betwixt them:
1. In Usury the Lender intendeth, and seeketh gain: by interest, He only provideth for His indemnity: Or thus: The Usurer seeketh by lending to be a gainer: But the receiver of interest truly so called, seeketh only to be no looser. 2. Usury is intended, or perhaps covenanted for, in the very contract: Interest is not intended at the first, but happeneth after delay. 3. Usury is a gain, which from the time of the contract, until the time of payment, accrueth to the Lender: Interest is a recompense of the loss, which after the Day appointed for the payment, the Creditor sustaineth through the Borrowers default. ⟨p. 58⟩4. Usury is against equity, conscience, and reason: Interest standeth with them all.
1. In Vsury the Lender intendeth, and seeketh gaine: by interest, He onely provideth for His indemnity: Or thus: The Usurer seeketh by lending to bee a gainer: But the receiver of interest truly so called, seeketh onely to be no looser. 2. Vsury is intended, or perhaps covenanted for, in the very contract: Interest is not intended at the first, but happeneth after delay. 3. Vsury is a gaine, which from the time of the contract, untill the time of paiment, accrueth to the Lender: Interest is a recompence of the losse, which after the Day appointed for the paiment, the Creditor sustaineth through the Borrowers default. ⟨p. 58⟩4. Vsury is against equity, conscience, and reason: Interest standeth with them all.
When as therefore men pretend the honest1