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1 J. H. Elliott, Credit the Life of Commerce: Being a Defence of the British Merchant against the Unjust and Demoralizing Tendency of the Recent Alterations in the Laws of Debtor and Creditor; with an Outline of Remedial Measures i (1845)

handle is hein.bank/crdtcomr0001 and id is 1 raw text is: CREDIT
THE
LIFE OF COMMERCE:

BEING A DEFENCE
OF THE
33riti!5 I Irrrbant

AGAINST THE UNJUST AND DEMORALIZING TENDENCY
OF THE RECENT ALTERATIONS IN
THE LAWS OF DEBTOR AND CREDITOR;
WITH
AN OUTLINE OF REMEDIAL MEASURES.
By J. H. ELLIOTT.
One of the causes of Debts being incurred in this country is, in a great degree, the power
which Creditors at present possess to arrest their Debtors ;-and I still further believe THAT
IT IS THE FACILITY WHICH IS THUS GIVEN OF OBTAINING CREDIT, THAT HAS
BEEN THE CAUSE OF THE GREAT MERCANTILE PROSPERITY OF THE COUNTRY.
THE ENORMOUS TRANSACTIONS UPON CREDITARE SUCH THATBOTH INDIVIDUALS
AND THE PUBLIC GENERALLY REQUIRE FURTHER MEANSOF RECOVERING DEBTS
THAN EXIST IN OTHER COUNTRIES.-SpeeCh Ofthe Duke of Wellwington, 1237.
LONDON:
MADDEN AND MALCOLM,
LEADEN)H.LL STREET.
1845.

Reproduced by Permission of the Buffalo & Erie County Library Buffalo, New York

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