The Works of John Locke, Vol. 2 (Classic Reprint)

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Excerpt from The Works of John Locke, Vol. 2

The firlt thing to be confider'd, is, Whether the Price of the Hire of Money can be regulated by Law. And to that Ithink, generally fpeaking one may fay, 'cis manilell it cannot. For fince it's impoflible, to make a Law that {hall hin der a Man from giving away his Money or Eliate to whom he pleafes, it will be impoflible, by any Contrivance of Law, to hinder Men, skill'd in the Power they have over their own Goods, and'the Ways of Conveying them to others, to purchafe Money to be lent them at What Rate foever their Occafions fhall make it necellary for them to have it. For it is to be remembred, That no Man borrows Money, or pays Ufe, out of mere Pleafure 'tis the lam of Mo ney drives Men to that Trouble and Charge of Borrowing And proportionably to this Want, fo will every one have it, whatever Price it colt him. Wherein the Skilful, I fay, will always to manage it, as to avoid the Prohibition of your Law, and keep out of its Penalty, do what you can. What then will be the un avoidable Confequences of fuch a Law?

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