The Works of John Locke, Volume 5 |
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Page 5
What then will be the unavoidable consequences of such a law ? 1. It will make the difficulty of borrowing and lending much greater , whereby trade ( the foundation of riches ) will be obstructed . 2.
What then will be the unavoidable consequences of such a law ? 1. It will make the difficulty of borrowing and lending much greater , whereby trade ( the foundation of riches ) will be obstructed . 2.
Page 7
had with merchants in other countries , I find that they think , in those parts , they take a great liberty in their custom - house oaths , to that degree , that I remember I was once told , in a trading town beyond sea , of a master of ...
had with merchants in other countries , I find that they think , in those parts , they take a great liberty in their custom - house oaths , to that degree , that I remember I was once told , in a trading town beyond sea , of a master of ...
Page 8
The same reasons , I suppose , will still keep on the same trade ; and when you have taken it down by law to that rate , nobody will think of having more than four per cent . of the banker ; though those who have need of money ...
The same reasons , I suppose , will still keep on the same trade ; and when you have taken it down by law to that rate , nobody will think of having more than four per cent . of the banker ; though those who have need of money ...
Page 9
you lessen tage of trade in the country , if the legal use were kept pretty near to the natural ; ( by natural use , I mean that rate of money , which the present scareity of it makes it naturally at , upon an equal distribution of it ) ...
you lessen tage of trade in the country , if the legal use were kept pretty near to the natural ; ( by natural use , I mean that rate of money , which the present scareity of it makes it naturally at , upon an equal distribution of it ) ...
Page 10
were gone out of the island ; it is evident , that , should all the creditors at once call in their money , there would be a great scarcity of money , when that , employed in trade , must be taken out of the tradesmen's hands to pay ...
were gone out of the island ; it is evident , that , should all the creditors at once call in their money , there would be a great scarcity of money , when that , employed in trade , must be taken out of the tradesmen's hands to pay ...
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