FOOTNOTES: (continued 1)
Project Gutenberg EPUB3 edition
Bacon, Francis
Source notes
440 Hold.
441 The imaginary country described in Sir Thomas More’s political romance of that name.
442 Regulation.
443 Be paid.
444 Our author was one of the earliest writers who treated the question of the interest of money with the enlightened views of a statesman and an economist. The taking of interest was considered, in his time, immoral.
Laws on this matter are extremely ancient. Moses forbids the Jews to require interest of each other. “Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury:
“Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury.”—Deut. xxiii. 19, 20.
Among the Greeks, the rate of interest was settled by agreement between the borrower and the lender, without any interference of the law. The customary rate varied from ten to thirty-three and one third per cent.
The Romans enacted laws against usurious interest; but their legal interest, admitted by the law of the Twelve Tables, was, according to some, twelve per cent., or, to others, one twelfth of the capital, i. e. eight and one third per cent. Justinian reduced it to six per cent.
In England, the legal rate of interest was, in Henry the Eighth’s reign, ten per cent. It was reduced, in 1624, to eight per cent. It was further diminished, in 1672, to six per cent. And definitively, in 1713, fixed at five per cent., the ordinary rate of interest throughout Europe. In France, the rates of interest have been nearly similar at the same periods.
445 “He passed his youth full of errors, of madness even.”—Spartian. Vit. Sev.
446 He was nephew of Louis the Twelfth of France, and commanded the French armies in Italy against the Spaniards. After a brilliant career, he was killed at the battle of Ravenna, in 1512.
447 Joel ii. 28, quoted Acts ii. 17.
448 He lived in the second century after Christ, and is said to have lost his memory at the age of twenty-five.
449 “He remained the same, but with the advance of years was not so becoming.”—Cic. Brut. 95.
450 “The close was unequal to the beginning.” This quotation is not correct; the words are: “Memorabilior prima pars vitæ quam postrema fuit,”—“The first part of his life was more distinguished than the latter.”—Livy xxxviii. ch. 53.
451 By the context, he would seem to consider “great spirit” and “virtue” as convertible terms. Edward IV., however, has no claim to be considered as a virtuous or magnanimous man, though he possessed great physical courage.
452 Features.
453 “The autumn of the beautiful is beautiful.”
454 By making allowances.
455 Rom. i. 31; 2 Tim. iii. 3.
456 “Where she errs in the one, she ventures in the other.”
457 Spies.
458 Solyman the Magnificent, Sultan of the Turks.
459 Site.
460 Knoll.
461 Have a liking for cheerful society. Momus being the god of mirth.
462 Eats up.
463 Plut. Vit. Lucull. 39.
464 A vast edifice, about twenty miles from Madrid, founded by Philip II.
465 Esth. i. 5; “The King made a feast unto all the people that were present in Shushan the palace, both unto great and small, seven days, in the court of the garden of the king’s palace.”
466 The cylinder formed by the small end of the steps of winding stairs.
467 The funnel of a chimney.
468 Where to go.
469 Bow, or bay, windows.
470 Flush with the wall.
471 Antechamber.
472 Withdrawing-room.
473 Watercourses.
474 Pine trees.