Stringent Usury Laws: The Best Defense Against Hard Times (1855)

""Stringent Usury Laws: The Best Defense Against Hard Times"" is a book written by John Whipple in 1855. The book advocates for strict laws against usury, or the practice of charging excessive interest rates on loans. Whipple argues that such laws are necessary to protect vulnerable borrowers from being exploited by lenders during times of economic hardship. He also claims that usury laws can help stabilize the economy by preventing excessive speculation and promoting responsible lending practices. The book provides historical examples of usury laws in various societies and analyzes their effectiveness. Overall, ""Stringent Usury Laws"" is a call to action for lawmakers to enact and enforce laws that protect the financial well-being of individuals and society as a whole.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.