Usury

by Caleb Roberts

But on the iniquity of payment merely for the act of lending, theological opinion, whether liberal or conservative, was unanimous, and its modern interpreter, who sees in its indulgence to interesse the condonation of interest, would have created a scandal in theological circles in any age before that of Calvin.  To take usury is contrary to Scripture; it is contrary to Aristotle; it is contrary to nature, for it is to live without labor; it is to sell time, which belongs to God, for the advantage of wicked men; it is to rob those who use the money lent, and to whom, since they make it profitable, the profits should belong; it is unjust in itself, for the benefit of the loan to the borrower cannot exceed the value of its principal sum lent him; it is in defiance of sound juristic principles, for when a loan of money is made, the property in the thing lent passes to the borrower and why should the creditor demand payment from a man who is merely using what is now his own? (43-44)

R.H. Tawney | Religion and the Rise of Capitalism

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