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advanced by the abolition Of al rest,;f


ton OF interest upon money. A legtl.


i've body might as we'll presume to mk


law TO stop the cbb and no.; Of tho sctn.
as 10 undertake TO prs vent the rise (nd
!al! Of morey. Sch cuactments all Iys
have been aD'l always will be cv.dd BY
the cunn''> & and ingenuity Of mpn, The
'ende:. or capitalist, therefore, Yecives
Ter the use Of his money quite alhigh
rate Of interest rs he could 81 il the


usury laws were not IN cxistenf, # not


higher; while at Tho same tinqhe scarce.
ly ever fai's TO levy upon li4 borrower


heavy charge, in soma Or other,


for the illegally OF the yansaction.-


Under the lawaof Iowa 4 skhey at pre-


sent exist, 90 per cent. infrest is allowed
in cases Of special contrft--a rate suffi-
GENTLY high, ono wou!je Suppose, at any


time, and certainly mth greater than
money would comnaJ under ordinary
circumstances; but Ne appeal to the
every day experienJ and observation Of
our readers TO say /hether ttis law is no:
daily SC, at nau #? Every body that
knows any thinfat all must say that i,
is. And what fo,s ,hi. ali go.,o show?
Why, that mq ty, at the present time,
from the de,f fr;ty between the demand
and sup.,ly/is worth more than 20 per
cent. and ybseore borrowers will violate
,bo1as "a pay agreaser fate OF inter
st. Al 3spppose the osury laws repeal
ed, hoy y.reaIa matters then sand, and
whatf fouh be thsaelcc,s It. certainly
wogd not raise.thc interest, because len.
de- fnow get almost whatever they choose
u ask; aud id ofdino rysstimss Would
lower il, by iaviting and bri6gingin COM
petition. 1t would, bcside,- enable our
citizens 10 do that Legally which they now
daily do illegally; and this, VIC conceive,
would be beneficial result. Whenever
a l;sw is found TO be imperative, or o.
even doubtful tendency, the sooner it is,
erased from the statute book the better.


Wsl,svo written the foregoing with
the hope that it may attract Tho n,tca.ion
Of some OF !hs p'cmbcr. elect Of our
Legislature, and that The subject will be-
brought before the Legislature when in
session. We propose to amplify in our
remarks hereafter.