Excerpt from Defence of Usury: Shewing the Impolicy of the Present Legal Restraints on the Terms of Pecuniary Bargains; In Letters to a Friend, to Which Is Added a Letter to Adam Smith, Esq. LL. D. On the Discouragements Opposed by the Above Restraints to the Progress of Inventive Indu
Among the various species of modifications of liberty, of which on different occasions we have heard so much in England I do not recollect ever seeing any thing yet offered in behalf of the liberty of making one"s own terms in money-bargains. From so general and universal a neglect it is an old notion of mine, as you well know that this meek and unassuming species of liberty has been suffering much injustice.
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