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

But when a man selleth His ware, for more then the just price, only because He giveth time to the Buyer, He doth indeed sell time, which is not His to sell: and so under the contract of selling, He committeth Usury: For when the Seller is content to grant time to the Buyer for the payment of the price agreed upon, it is all One, as if He lent that money, for such a time: For the voluntary forbearing of money due to Him for His ware, is all one with loan: And upon such forbearing the Buyer becomes a Debtor, and the Seller a Creditor. For example: ⟨p. 68⟩Thou sellest […] for 11. pounds to be paid at the end of six months, which Thou wouldest have sold for 10 lb. in present money. This men may call what they will, but it is Usury, after the rate of twenty in the hundred.

But when a man selleth His ware, for more then the just price, onely because Hee giveth time to the Buyer, Hee doth indeed sell time, which is not His to sell: and so under the contract of selling, Hee committeth Vsury: For when the Seller is content to grant time to the Buyer for the paiment of the price agreed upon, it is all One, as if He lent that money, for such a time: For the voluntary forbearing of money due to Him for His ware, is all one with loane: And upon such forbearing the Buyer becomes a Debtor, and the Seller a Creditor. For example: ⟨p. 68⟩Thou sellest 〈…〉 for 11. pounds to bee paid at the end of sixe moneths, which Thou wouldest have sold for 10 lb. in present money. This men may call what they will, but it is Vsury, after the rate of twenty in the hundred.

Some Divines more briefly thus: To sell wares for time, and in respect of time, to fell dearer, may be free from Usury.

Some Divines more briefly thus: To sell wares for time, and in respect of time, to fell dearer, may bee free from Vsury.