Jeremy Bentham and the Usury Law.

N. P [New York? 1836].

Price: $300.00

About the item

First edition. 20 pp. 1 vols. 8vo. Usury. Stitched, some soiling and marginal wear, “duplicate” stamps on first leaf and small library stamp on the third, else a very good copy. American Imprints 38292.

Item #23040

Commenting somewhat astringently on Bentham's various arguments on usury law in his 1787 work “A Defence of Usury.” The author criticizes Bentham and American bankers and stated that his/her intention was “to remove the prejudices which prevail (to a limited extent) among some men in trade, on account of the gross misrepresentaitons which have been made by Mr. Bentham, and others of his school. I am satisfied that most men have not given themselves the trouble of investigating the true policy and design of those laws, nor the principles upon which they are founded”.