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Principles of Political Economy, Vol. 2

Note 191-12 — Chapter IV

John J. (John Joseph) Lalor translation

Compare Gioja, Nuovo Prospetto, III, 190. The canon law desired to put an interdict on their taking interest also: Decret. Greg., V, tit. 19, 12, 18. Frequently, also, a minimum of interest was provided for them: Ordonnances de la Fr., L. 53 seq. II, 575. Receuil des anciennes, Lois, I, 149, 152. John of France extended this to four deniers per livre per week, that is, annually 86-2/3 per cent.! (J. B. Say, Traité II, ch. 8.) In Austria, in 1244, 174 per cent. allowed! (Rizy, Ueber Zinstaxen und Wuchergesetze, 1859, 72 ff.)

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