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THE ECUMENICAL COUNCILS

The First Ecumenical Council - A.D. 325

Edited from a variety of translations (mentioned in the preface) by H. R. Percival

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Page 45

The canons of later councils differ materially in relation to this subject, and indicate a distinct tendency to mitigate the rigour of the Nicaean interdict. That of the council of Carthage of the year 348 enforces the original prohibition, but without the penalty, and grounds the veto on both Old and New Testament authority, "nemo contra prophetas, nemo contra evangelia facit sine periculo" (Mansi, iii. 158). The language, however, when compared with that of the council of Carthage of the year 419, serves to suggest that, in the interval, the lower clergy had occasionally been found having recourse to the forbidden practice, for the general terms of the earlier canon, "ut non liceat clericis fenerari," are enforced with greater particularity in the latter, "Nec omnino cuiquam clericorum liceat de qualibet re foenus accipere" (Mansi, iv. 423). This supposition is supported by the language of the council of Orleans (a.d. 538), which appears to imply that deacons were not prohibited from lending money at interest, "Et clericus a diaconatu, et supra, pecuniam non commodet ad usuras" (ib. ix. 18). Similarly, at the second council of Trullanum (a.d. 692) a like liberty would appear to have been recognised among the lower clergy (Hardouin, iii. 1663). While, again, the Nicaean canon requires the immediate deposition of the ecclesiastic found guilty of the practice, the Apostolical canon enjoins that such deposition is to take place only after he has been admonished and has disregarded the admonition.

Generally speaking, the evidence points to the conclusion that the Church imposed no penalty on the layman. St. Basil (Epist. clxxxviii. can. 12), says that a usurer may even be admitted to orders, provided he gives his acquired wealth to the poor and abstains for the future from the pursuit of gain (Migne, Patrol. Graec. xxxii. 275). Gregory of Nyssa says that usury, unlike theft, the desecration of tombs, and sacrilege (hierosulia ), is allowed to pass unpunished, although among the things forbidden by Scripture, nor is a candidate at ordination ever asked whether or no he has been guilty of the practice (Migne, ib. xlv. 233). A letter of Sidonius Apollinaris (Epist. vi. 24) relating an experience of his friend Maximus, appears to imply that no blame attached to lending money at the legal rate of interest, and that even a bishop might be a creditor on those terms. We find also Desideratus, bishop of Verdun, when applying for a loan to king Theodebert, for the relief of his impoverished diocese, promising repayment, "cum usuris legitimis," an expression which would seem to imply that in the Gallican church usury was recognised as lawful under certain conditions (Greg. Tur. Hist. Franc. iii. 34). So again a letter (Epist. ix. 38) of Gregory the Great seems to shew that he did not regard the payment of interest for money advanced by one layman to another as unlawful. But on the other hand, we find in what is known as archbishop Theodore's "Penitential" (circ. a.d. 690) what appears to be a general law on the subject, enjoining "Sie quis usuras undecunque exegerit...tres annos in pane et aqua" (c. xxv. 3); a penance again enjoined in the Penitential of Egbert of York (c. ii. 30). In like manner, the legates, George and Theophylact, in reporting their proceedings in England to pope Adrian I. (a.d. 787), state that they have prohibited "usurers," and cite the authority of the Psalmist and St. Augustine (Haddan and Stubbs, Conc. iii. 457). The councils of Mayence, Rheims, and Châlons, in the year 813, and that of Aix in the year 816, seem to have laid down the same prohibition as binding both on the clergy and the laity (Hardouin, Conc. iv. 1011, 1020, 1033, 1100).

Muratori, in his dissertation on the subject (Antichità, vol. i.), observes that "we do not know exactly how commerce was transacted in the five preceding centuries," and consequently are ignorant as to the terms on which loans of money were effected.

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