A Few Practical Comments PDF ePub eBook

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A Few Practical Comments free pdf Excerpt from A Few Practical Comments: Usury Law Gentlemen: On the 19th (May) ult., the following resolution was adopted by the Philadelphia Board of Trade: That in the opinion of this Board the following provision, as a part of the Amended Constitution of the State, would be generally acceptable to the various business interests it represents, viz.: The lawful terms for the use of money shall be the rates agreed upon by the parties to the contract, and for loans where no agreement is made, the Legislature may from time to time affix a legal rate. This resolution met with general approval. In regard to it, there is very little difference of opinion among the mechanics, manufacturers and merchants of the country. What measure of intelligence there is among them and how capable they are to reach a correct conclusion on this subject, others may determine. Their pursuits, and the effect of existing laws which act as a hindrance to their daily operations, make it reasonable that practically they are as well qualified as any other class to form reliable opinions on the laws which regulate the use of money. The extent of their interests, and the importance of those interests in their bearing on the welfare of the community, as well as the respect to which these important classes are entitled, make their opinions, when deliberately expressed, well worthy of consideration by their fellow-citizens, and particularly by that class of them who have been selected to form a new Constitution for this Commonwealth. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.

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Details Book

Author : John Welsh
Publisher : Forgotten Books
Data Published : 27 September 2015
ISBN : 1331241456
EAN : 9781331241454
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 26 pages
Age + : 15 years
Language : English
Rating :

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