Note 188-7 — Chapter IV

Rate of interest in Persia from 40 to 50 per cent. a year. (Ausland, 1844, No. 208.) In Tripoli, Christians and Jews alike loan the Arabs at the rate of 5 per cent. a month; at least 1½ or 2. (Rohlfs, von Tripolis nach Alexandrien, 1871, I, 22.) In most of the East Indian kingdoms, the rate of interest is so high for the government itself that when the creditor, even without a return of the capital, gets the interest only for a few years, he is considered passably well indemnified. (J. S. Mill, II, ch. 15, 2.) In China, 12 to 15 per cent.; 36 nothing unheard of. (Barrow, China, 562.)