Few lenders are as demanding as Shylock, but nearly all share his desire to obtain as good security as they can for their loans. The personal remedy against the borrower is often regarded as inadequate, for “a man advancing money upon mortgage wants something better than this, he wants some jus in rem, some right in certain specific things as well as the mere jus i...

The economic aspects of the hire-purchase movement are well known and it is not intended to discuss them here. It will be sufficient to point out that hire-purchase finance enables people, in certain circumstances, to live by taking in, not each other's washing, but their own. This remarkable achievement was recently explained by The Times: “The reliance ...