The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1877-05-24
UsURY AND i"Ape


Nh. EDITOR In your last weeks issue
[ notice Communication from HAp in
reply TO my .tdoggersl'' and my "itcqn-
aiderase" article on usury, which i wapld
not notice, as have already corrected
the error to which he alludes, ana .as you
have in yous editorial on the usary bin
given 90 many reasons why ths usHry Law
shol ! be re.enaeted, we,3 it not that /
am very anxious to know whether "Ab is
money-lender. borrower, or either.
If he means TO say that farmers, mer-
chants or mechanics never borrpY money
to make their "bread and naeat," that ia
70 make their living, then he cannot bs
. money-lepder, or, II one, has remained
in blissful'ignotsnes as to wfas oceuna-
ton his debtors followed. 80 IF not d O.
then No i t tie III hzhtt IN my
ill slinlloWlcdge Of his class who opposes the
usnry Law. .jgDo,, h4dc;Jsxo,siiii h., ..,eI'i
2 He cannot beHa borrower, or, ifso;
belongs to some other class than those
n mElensiolissd, !, and thinks pe yothsF class 90
unfortunate asthis,oRn as to o'have to bor.
row money. .i-r9.Ws 3d. y h3s 80, ..oq'
He then must be like the old wor ian
who had bought 4; new pot--he lt 81 Cnleithis,r
ler1s OF borrows. ~ evAd i, noj,.za1 q /
! %, happy creature His mind is never
q raised about lending money, and
yl,ether the secptity il good. his peace.
IL slumbers at night are never. disturbed
about improbable investments and the
collection of money ont IN interest. He
il never trophlsd about ,foreclosiug a
mortgage for fear the property slrTould
soon notibe sufficient aydehtyinteteat
and costs. he 10 never pespIexsd With
the problem OF loss ana gain, and on the
other. hand he. e.is never, troubled with the
question, how shall he meet the payment
of bank note shortly to become due. He
Is never weafied With the thought, how
shall ! beiabie toy+,pport my family. 81
He SECS no evil effects or high interest.
No! not He does no: borrow, R3s and t' thssss al
fqge high interest docs not effeet him. Id
heiaure fthis: 5Lsi,he sure that iie phys
no more lfSiis55hat 'liei e5nsunsesi when
tiiiSnsy ,i!I' PSI ss cebt. c. ghSi g
when # ec4mmaq apdas, only ssrenf Does
helthinkfif tllorE ksfss aas t;aaui ON swhisisy
land tobacco thAs ths prizes siao5tgld sio5tsglldd noB 5e
feaucsaf Bds Esi i iists q 't5 81
biz would see throagh iifs5sps m .gl9ss5sssss, a5ss.
EgpBat haidoes notice one, Incident M tlia
sahsaetions iof Iiis2,' Hfstduiess and / Sd SSb6y
staIts ia liJPttee6fIlnted by an paeted ia
acknowledgement to.stown to. buy
eecc.s::; and was ssssked by sieSfchahshinsty
esnt5'cash,, orona 1dGllaf asds fSattSe tueaits
on time, Her Intuition pIs@p SslSI ga, her 70
| go . to the bank and berrewi money, dot
twenty per cent, and she saved Iby the
tfahsactioh forty cents .bn the bdshel.
He does not asate whether she d gave We. per PEI
soaati aast ssef!ealfy, g! az what iateFest De, note
bhe4ars after maturity. - But itlsa lag gy aetsd
wisaly, tas(nll ladies do, thsreG6sei lei ths
men leaihi q q. iissssoh, and borrow money al
the bank, bank, at Twenty, psr cent, dand pay
,eesh sor, theiF eapplies.s But 81 naa,yI
fprashuieY under thsssahe circumstances,
t"onld have d8hs 4si,iso55iiiisshh 5 foolish th;hs aid
9a.Hi U9oeagns .ne cofn On t,me' ~ SWhaf 2 Ply
iWe nays ! aot 'nqFe eae'es V!io wpAId take
- ..esse &c e-ia.fai g.
aais @opid asin 70 10 b5 aS snsais 6i
Aims sdaD, iii 2o ,;;ss yca nol3sl,g
r.. 4 Y9naef neWa amaehs psnlossqetiaA'
Ia = ana a.Wnae 1f can'1s bougha' Per
as wosiEEd % 70 his intOfeSt fof all
~ il9rfaeTs M ~ borrow money from the balf
lfgeeaA nj admit TINT IN the h,iiy. unseF,tAd
2! seaaa & astsices aueed NisSi bas lS
sase thlst y Interest Of 9 fsssonablf
ratait / q h RsEab 3 ! b2pss s'pnld .hRva asked
oIsa der corn sor
tllIne ne I,'qycesiils eappose thai q riieFehhnl
would Sog SoffansiS y G;bpslness, or'Sonld do ed
Mess ne, bad o large capital without
osieasslnge ias' PRESENT rates % tnseEos
/ 10. pricing his gcodsfH IF he did not
would It nSs pay " q ,mG,aell bette to lend
his money than Investing Is in 6tocti ol
igonasll Does tnot the high rates. qbf in
jtaev jjsesest hayes tehdenoy to- efipple Gil IN
/ Fdostriat enterprises? Does it noS iiteflsc
not only the borroH she consumer nj
Dossst y .nes build np Iaoneyea Rolle y