date

12 Jan y 1807 2 A sulutary
12 Jan y 1807

2

A sulutary usury, by which no mortal man alive suffered - by which all parties were benefited but in the benefit of which Judge and C o had no share, while in the punishing of it they had their share - that was not to be endured: it kindled the fire in the face of Lord Kenyon every time it came before him.

An examinatory usury, in which every Antonio finds his Shylock - an usury by which the innocent and injured individual - the lender of the forced loan - suffers torment, which his oppressor enjoys the prospect and the benefit of it - a sort of usury in which the borrower pockets interest instead of paying it - but a usury so managed that the oppressor can not reap his profit but that Judge and C o, who put it into his hands, must share in it - this is the usury, of which nothing is said; this is the usury which is regularly and safely, because securely, practiced:- which is practiced to the extent, a part and no more than a part of which Your Lordship has been seeing, and which might be practiced to any imaginable extent - and still, in the eyes of so many learned and noble Lords, as well as of so many learned and honourable gentlemen, leave " every thing as it should be."
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  • Title: [12 Jan y 1807 on L d Eldons Bill]
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    Such being the nature and a part of the amount of the profit made by learned and reverend persons, noble or not noble, by their connection with their best customer and most respected friend the malâ fide suitor, alias the wrongdoer.

    In respect of the rate of it, the interest which by the allowance thus purchased of learned and reverend Judges a wrongdoer makes at the expence of the right owner, is very commonly, your Lordship sees, usurious interest. Where extra interest is given and taken by consent of both parties to the mutual benefit of both parties - to the enrichment of the borrower or the saving him from impending ruin - then the deep political wisdom, or the severe morality, of the fee-fed Judge - the severe morality of a Lord Kenyon - or the profound wisdom of those learned and noble politico-economists, who were so anxious to enrich Ireland by forcing into trade people who are unwilling or unable to enter into trade, and preventing them from lending their money to those who are both able and willing to employ it in trade - is shocked and scandalized at it.

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    Description: 18 June 1807

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