The Credit System and the Public Domain (Classic Reprint)

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Excerpt from The Credit System and the Public DomainThe act of 1804 4 endeavored to check the rapidly growing evil of delinquencies by exempting payments from interest if made when due 5 otherwise interest was to be charged from the date of purchase. How inadequate this remedy proved is shown by '~the table given above.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.

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