The British Press; or, Morning Literary Advertiser.
London, England, 1818-03-02 00:00:00

• •
to evince its futility, it militates against
the stegredius conviction it is idgiourible to simile.
that the seeds of evil are miens deeply in the
human Mind, or in the rank of of the common
habits of swirl% as to ensure the lexuriatice of
vice, while the'oisiiiiins that foster it remain en-
extinguished. Siiisolicity end ignorance ever were
• I._ ..

ea—or ire the premise state of so-
viet, este hops ‘• are did*. Notwithinnesding
the bossiest orerrith of one_Usorc,Larrs. tria' Sir
WWl,* Coke tooth over hope to
violate with nuitiovatylflisthiog hat hien hare espy
for asodent ingetinittihan fo deviii wrong in ;ionic
them. Private hoasitr has been.Marslialle4l.agisiant
.owiti, thin bringing back Livery to the
baste. of total pralwbitiatl insistent's bargains
and miles, miertgagea, annuities, tninsfirit of • niVi.
ehendise* an enormous 'rice, to lie ftierchaseil
at a lesser, kiting the 4iiremiaO, he the amount
of the Vogul regoirrd. sereammeik, risk devices
- ,fall fee sign rs: yilig their form

Fred t.
?mot midis sr ow.
or many other cireatistances, stock protab4
risen in value vote qtr-Mow teat. higher. He .
willing to niret the *desist* •in • the market, but
in consequence Sif the strict seventy of the Usury
Laws, lie can mesa iespectable capitalist who
would avinaprootios his owe honour or Ms safety by
acting is opposition to their provisions. These
laws ne is told. are framed to protect him from
frond and oppression ; but in the mean time lie
will ha compelled, by their cruel kindness, to sell
ey mortgage. his property to a ruinous disadvan-
tage. Should he from necessity or inexperience
apply to professed Usurers of blasted reputation,
with such imams business most be treSsacted in
secret, no eye being present to detect the grossness
of their impositios, our ear to catch the whisper-
logs of their avarice. Is: this ane, if he chance
to be usipratiised in the ways of the world, how
eau theistic protect his simplicity ? will he bring
his scam el Usury ? The laws cannot rescind a
. legal t. ohm the only 9uestion is the
exact es • 1(7 of the consideratims; our can it
diseneninfier au estate of annuities for hires, granted
with the necessary legal precision. The mintiers of
secret Vestry long proctimel in such scenes, have
been oat umfraqueatly fowls ton strong for the
Courts of Justice; they are sided by the anxious
IleColotties of she .boreserevi, 'who• is compelled by
•.
the Usury Laws to ding hiliseelf into doe haunts of
4froutl mod evaridt ; sheer homed by the caution
.of experience applimr4 ts ' the •thsughtlessuess of
iir; by the comblued consist of partners in the
• , who are Indies° its preits, against the 111-14sIstirrettce
14sIstirrettce or igisoraoce of an individual boivnwer,
"he -acts with necessity as his Weiser. and who is
throws. eff Isis guard by the tempting bait of the
cauch-wished-tiar 'mosey. It is idle, then, with
'tech facilities to deceive with it'll:roily, to talk of
the Uewry Laws as afoedilig soy proteetiou to the
inconsiderate's snub. • Their-hansom nod sappers-
ers neat so ardevly asaisse for the preeervetiou of
youth mud isealberuasee from we OMAN evil, that
they have assetiamiked. the theeseed IA of much
greater eimgaitude that beset' .them on every quer.
Tiscouiplete their purpose they should have
art a price epos emery num s propervy, atld upon
every article of sew luxury, which a min might
have ocession to parches.. Their prohibition re-
*pectins the borrowing of matey at a certain rate,
leader pretences( protecting m mail from fraud and
avarice, is perk,* nugatory snide they proceed
a stop furtherb ad. peasabst his from selling his
property. or frauoubeelog it with mortgages and
annuities. Therlimarseitpped ate hole in the
sieve. while the MM. run Omagh • thossaud
'others. . /.. .
.4 Such is the nature of the protection that is in
'reality to he found in the present Usury blew of
this country. la the event of their r#prol /et us
«re how the matter would stand. The capitalist
indeed may in that case demand whatever sum lie
phrases for the use of bis mosey ; but in this coun-
try. or to make the argument snore general, in
this age, when capital loss been so wonderfully ac-
cumulated, and • emily transferred from one
reentry to another, there will he other capitalists in
the market equally willing to dispose of their pro-
perty to the best advantage. Capital then becomes
• direct article of trade, whereof the value mud he
proportionate to the supply amid the demand. sad
tee restrained by the competition of the holders.
We may trust to the ordisery discretion of any in-
dividual ngwriog to borrow otestry, that he will not
gives timber infer fur the attsele to one proprietor
than that fur cinch auotherwill be ready to accent-
tiscalate ISui, tool this price must ultimately be
regulated by the 'nadir generally to be derived
from the employment of money."

pow iu .full practice fsw denhoyilig their fore,, us
frsr et lifie whomteges VII* (hirer ertetuaterneil,
.k, ikir borrower; 4t Irrell isolirert analogs, is
subjected )tri the most ratings awl oppressive bur-
door. Shoetil a gentlemen osesessed of wool pro-
pvrty Sled himself is itaairoliele went of a int:n of
maw? fee the pitersoiraf lericaltere. the py-
rites% of au incumbridek iettleihent of chil-
dren in life, or all Vita. !Mushy itilatesting reed
pretablott object. he Woo toed security to a cripi-
fah* for • tensporiry•ce••••••dation of in* sum
et the Segal tete of tattiest. Front The stale of
• the trbMie fond* from 'the profits a coutrorrges