The Churches and Usury

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Excerpt from The Churches and Usury: Or the Morality of Five Per CentWell, I suppose that to most of us the prospect of the realisation of any Vision such as this is still far off. We must go on suffering from the neglect of our remote ancestors in not investing that penny, or rather its then equivalent, at the right time and in the right way. But there are some of us who in recent days have, I fear, been doing their best to make up for the past neglect. And - since we have started on our inquiry with the Christian era - I am going to consider how far the Churches have been helping us to get into this particular heaven, or hindering us from seeking to enter. It may also be necessary to consider whether it is indeed a heaven at all, and not a Very real sort of hell.To my mind there is nothing more curious and significant in the history of the Christian Churches than has been their teaching and practice in relation to usury. And here, before I glance at the subject in its historical aspect, let me say precisely what it is that I mean by the term usury. I use the term in its fullest, widest, most accurate, and, at the same time, most ancient sense, to denote any sort of personal and individual payment for money or goods lent apart from any consideration of present labour by the recipient but simply as a return for the use of that which is lent.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.