Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1854-10-27
USury Law.

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has been fixed at 40 cents per 100 lbs.
Usury Law.
We see the subject of abolishing this law IS being
discussed, and many seem favOrably inclined to-
wards it. But are of different opinion although
to look at it, in sense, it appears to be curta-
men of mOnied mems rights and 1t IS very general
y asked why should man be compelled to hire
his money at a certain price, when another can
charge Just what he pleases for his house, or any
other species of property? But we look upon this
us in the case of miller, who is not allowed to
avail himself of the necessity OF his nelghbors; IN
act they are both limited under the same reason
Unlike anything else, money is not always to be
gotten Of anybody IN the vicinity, therefore, II the
money holder was not restrained, he could be pow
erul lever over the property of those by whom he is
surrounded 1t is one of those where the law,
seeing the majority of its subjects liable to oppres
SION by the few who happen to possess interfere and
places restriction upon that power, indeed, IN some
degree qualifying the use of the owner. But IT is
for the benefit and safety of the greater number,
which is principal generally acted upon, that all
law and regulation made with view to 6eneht
the whole as whole and not as individuals. There
hardly law upon our statute book but operates
harshly upon some few But the idea that the doing
away of this law, will work good to the many, let
inquire into it. If we were sure that there would
always be crowd of rival money lenders then 1t
might do but it would then be better as 1T Is,
for now they can rival each other by taking less or
nothing. But suppose there was plenty, now easy
it would be for them to have private understand
ing not to loan at ten or twelve, or higher as
they saw fit, particularly when there was no bank
near at hand, which certainly would work 10
The prejudice of poor men, And how often is 1t
the case that a man must have money, and how easy
it would be for the money sharper to find 1t out-and
how likely that they would the knowledge to their
benefit and the great detriment of that man, and we
conceive that would tend to destroy the sures friend
Of the enterprising honest, but poor man. How i'm
probable it would be that anybody would be willing
to invest his money in Bank stock, whose rate of in
terest is limited, when at any moment he might be
able to loan it out at a rate greatly exceeding what
he could possibly expect from the Bank. We look
upon this law of the best upon our statute book
and hope tmay long remain there.-Neucbern Jour.
The GLoRIEs AND HORRORS OF WAR.-The news
of the victories in the Crimea has created a great
sensation in England. 1t signalized by the
ringing of church bells, the firing of cannon, &c,
and the whole nation seemed to be intoxicated with
delight when the Baltic sailed.
This" says the New York Express, g is the gol-
den side of the picture. 1t has dark and bloody
reflection. But who is mlsanthrope enough to talk
OF the groans of widows and orphans, Or cast
thought the slaughtered thousands dead or wound
ed in the trenches, or talk thus in the midst of ilu
limitations and bonhres and cannon roaring from the
Tower OF London to DUN barton Castle
" Yes. Sebastopol has fall Of that there seems tc
he no rational doubt: but it has fallen in blood
banners with nearly thirty thousand corpses strewr
all around and about its battlements So runs the
record !"
SCTTIsH TEMPERANCE ITEMS.-A BARNARD Ball
Drink had aye different effect on the father frae
what it had on the son. When the old man go
.psy he would dae naething but fecht, but wi JOCK
IL was Otherwise Nae sooner had he gotten bye
ms fourth glass, than he began capering and dane
ing He was comm bame ae nicht frae kim OF
ockn' or sic like spree, at the Echline, and, sup
pose to gain his bed sooner he took through the
va kyard instead o. gaun round by the saw pit
%eei like his or'na1, a at ance he thocht himself il
Gue middle O. reel, and began wheeling and Jump
rs and tnging like mad and in the course of hi
fSa aos he came thump against prop which hat
"gen set up TO KEEP stack frae fain' and doubtle.
;S,"kln for ane O. the fair sex, he was 10 gle
, Jog WI his elbow, SAYING Come, Jenny woman
'"'e up to your jo"- Glasgow Commonwealth
n dublin paper contains the following:
and yesterday Mr. Kenny, returning to town, fell dow
damages ~ 'fP' N''''
Ksn MS paragraph should have been located lii XII