Defence of Usury. Shewing the Impolicy of the Present Legal Restraints on the Terms of Pecuniary Bargains to Which is Added a Letter to Adam Smith, efg, L.L.D. on the Discourgement of Inventive Industry.
Printed for Mathew Carey by Langand Ustick
8vo. 149,  pp. Contemporary calf, maroon leather title-label with gold lettering. Jeremy Bentham (1748-1832) was a British political activist, linguist, social philosopher and legal scholar. He is best known for his "utilitarianism" or "philosophical radicalism." Bentham's defense of usury in 1787 was in fierce opposition to Adam Smith's recommendation of legal limits on the rate of interest. Last leaf with advertisements for two new publications. Minor age wear on binding. Surface hairline cracks on binding. Expertly repaired along gutter on front endpaper. Names of two previous owners on free front endpaper. Waterstaining on top margin of first and last few pages. Signed by previous owner on title-page. Overall good to very good condition.
Contents: Letter I: Introduction / Letter II: Reasons for restraint - Prevention of Usury / Letter III: Reasons for Restraint - Prevention of Prodigality / Letter IV: Reasons for restraint - Protection of Indigence / Letter V: Reasons for Restraint - Protection of Simplicity / Letter VI: Mischiefs of the anti-usurious Laws / Letter VII: Inefficacy of anti-usurious Laws / Letter VIII: Virtual Usury allowed / Letter IX: Blackstone considered / Letter X: Grounds of the Prejudices against Usury / Letter XI: Compound Interest / Letter XII: Maintenance and Champerty / Letter XIII: To Dr. Smith, on Projects in Art
Book ID: 22814