"Accommodator" Quotes from Famous Books
... often secures for him a profit amounting to one-third, and occasionally one-half, above the sum lent, upon which, in the meantime, interest is accumulating. For instance, if the accommodation be twenty pounds, property to that amount at a ruinous valuation is brought home by the accommodator. This perhaps sells for thirty, thirty-five, or forty pounds, so that, deducting the labor of preparing it for market, there is a gain of fifty, seventy-five, or a hundred per cent. besides, probably, ten per cent, interest, ... — Fardorougha, The Miser - The Works of William Carleton, Volume One • William Carleton |