Credit, The Life Of Commerce

Overview

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1845 Excerpt: ...are generally shown in the anxiety to relieve various classes of evil-doers, as incendiaries, felons, larceners, and insolvent debtors, from the ancient penalties awarded to their several transgressions: with regard to this last class of evil-doers, these diseased persons have been so eminently successful, ...
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Overview

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1845 Excerpt: ...are generally shown in the anxiety to relieve various classes of evil-doers, as incendiaries, felons, larceners, and insolvent debtors, from the ancient penalties awarded to their several transgressions: with regard to this last class of evil-doers, these diseased persons have been so eminently successful, that, after some thirty years' labour, they have obtained almost complete impunity for all insolvents, no matter what may have been the conduct, wilful, or accidental, which has caused their insolvency. It is very remarkable that a man of the high intellect and probity of Lord Cottenham should have been infected by the erroneous report of the commission which recommended, in 1840, the further remission of the power of the creditor; but it may be taken as a melancholy proof of the sporadic character of this class of nervous disease. The best treatment for which, as far as research has yet gone, consits in abundant exercise in the open air, and nutricious diet; neither slops nor stimulants; the pressure on the brain is by these means relieved, and its firmness of substance restored; while the diseased trains of ideas are best broken by study of the early English writers, such as South, Fuller, and Milton, also Paley and Bentham, and, above all, by the study of the Holy Scriptures. This report, on which a legislative measure now in progress through the Lords is founded, is a striking example of this disease, and of its obliterating effects on the moral sense and the judgment. The report of the Commissioners appointed to investigate the Bankruptcy and Insolvency laws, 1840, says, page xxiii:--"The arrest of a debtor who is wholly insolvent is of no direct use whatever," (observe the crafty introduction of the word direct--the question is as to its u...
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Product Details

  • ISBN-13: 9781150770821
  • Publisher: General Books LLC
  • Publication date: 12/23/2009
  • Pages: 80
  • Product dimensions: 7.44 (w) x 9.69 (h) x 0.17 (d)

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