The NATURE Of The CHARITABLE CORPORATION, And Its Relation to Trade, Considered in a Letter to a Member of Parliament. "Britannicus"

The NATURE Of The CHARITABLE CORPORATION, And Its Relation to Trade, Considered in a Letter to a Member of Parliament.

London: Printed for A. Millar, at Buchanan's Head, over- against St. Clement's Church, in the Strand. 1732. 1st Printing. 16 pp. Tailpiece. 4to: A - B4. 8-5/8" x 6-7/8". Disbound, now housed in an archival mylar sleeve. Bit of age-toning, Very Good. Item #48541

"The 'Charitable Corporation' was an institution intended to provide low cost loans for the poor. In essence it was a large pawn-broking scheme, which provided 'relief of the industrious poor by assisting them with small sums upon pledges at legal interest'. Corruption and fraud were soon associated with the organisation, with Smollett calling it a 'nefarious corporation'. The scheme collapsed in 1731." [quoted from a RBH listing].

Price: $125.00

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