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History of Civilization in England, Vol. 1 of 3

Note 417 — Chapter V

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The whole subject of the usury laws has been treated by Bentham in so complete and exhaustive a manner, that I cannot do better than refer the reader to his admirable ‘Letters.’ A part only of the question is discussed, and that very imperfectly, in Rey's Science Sociale, vol. iii. pp. 64, 65. On the necessity of usury to mitigate the effects of a commercial panic, see Mill's Principles of Political Economy, vol. ii. p. 185.

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