Mosaic Law
The Mosaic Law struck at the root of pawnbroking as a profitable business, since it forbade the taking of interest from a poor borrower, while no Jew was to pay another for timely accommodation. Jews could, however, lend money at interest to gentiles; until the Protestant Reformation, Christians were likewise forbidden to lend to each other at interest.
Read more about this topic: History Of Pawnbroking
Famous quotes containing the word law:
“All gentle cant and philosophizing to the contrary notwithstanding, no people in this world ever did achieve their freedom by goody-goody talk and moral suasion: it being immutable law that all revolutions that will succeed, must begin in blood.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)