Canon

XVII.

as many enrolled among

the Clergy, following covetousness and lust of gain, have forgotten the

divine Scripture, which says, “He hath not given his money upon

usury,” and in lending money ask the hundredth of the sum [as

monthly interest], the holy and great Synod thinks it just that if

after this decree any one be found to receive usury, whether he

accomplish it by secret transaction or otherwise, as by demanding the

whole and one half, or by using any other contrivance whatever for

filthy lucre’s sake, he shall be deposed from the clergy and his

name stricken from the list.

Nicene and Post-Nicene Fathers: Series II/Volume XIV/The First Ecumenical Council/Canons/Canon XVII

Notes.

Nicene and Post-Nicene Fathers: Series II/Volume XIV/The First Ecumenical Council/Canons/Canon XVII

If anyone shall receive usury or 150 per cent, he shall

be cast forth and deposed, according to this decree of the Church.

Nicene and Post-Nicene Fathers: Series II/Volume XIV/The First Ecumenical Council/Canons/Canon XVII

Although the canon expresses only these two species of

usury, if we bear in mind the grounds on which the prohibition was

made, it will be manifest that every kind of usury is forbidden to

clerics and under any circumstances, and therefore the translation of

this canon sent by the Orientals to the Sixth Council of Carthage is in

no respect alien to the true intent of the canon; for in this version

no mention is made of any particular kind of usury, but generally the

penalty is assigned to any clerics who “shall be found after this

decree taking usury” or thinking out any other scheme for the

sake of filthy lucre.

This Canon is found in the Corpus Juris Canonici, in the first part of the Decretum, in Dionysius’s version. Dist. xlvii, c. ii, and again in Isidore’s version in Pars II, Causa xiv. Quæs. iv., c. viii.