[17]
and
what is the most outrageous thing of all, men of the jury, the fellow himself
gets maritime interest1 from other people from our money,
lending it, not at Athens or for a
voyage to Athens, but for voyages to
Rhodes and Egypt, while to us who lent him money for a
voyage to your port he thinks he need do nothing that justice demandsTo prove that I am speaking the truth, the clerk shall
read you the challenge which I gave Dionysodorus concerning these matters.“
Challenge
”
1 Maritime loans appear to have commanded a higher rate of interest than those secured by real property because of the greater risk involved. In Dem. 50.17 we are told of a maritime loan contracted at 12 1/2%, but the rate of interest varied.
Demosthenes. Demosthenes with an English translation by Norman W. DeWitt, Ph.D., and Norman J. DeWitt, Ph.D. Cambridge, MA, Harvard University Press; London, William Heinemann Ltd. 1949.
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