Nov. 27, 1695

Edict issued by Friedrich III, Duke of Prussia [Present-day Germany]: “[…] When a Jew lends money to a Christian, a distinction should be made, as to whether the loan period is only a few days or a month, and thus, since a Jew often makes a living from this, the same should be allowed twelve thalers interest out of a principal of one hundred, or at the most four and twenty, in proportion to an annual interest rate; when, however, the loan period is a whole year, no Jew shall take more than twelve per hundred.”
Mylius, Christian Otto (ed.). Corpus Constitutionum Marchicarum, Oder Königl. Preußis. und Churfürstl. Brandenburgische in der Chur- und Marck Brandenburg, auch incorporirten Landen publicirte und ergangene Ordnungen, Edicta, Mandata, Rescripta etc. (Collected Laws of the Mark, or Royal Prussian and Prince-Electoral Brandenburgian Ordinances, Edicts, Mandates, Rescripts etc., Published and Ordained in the Electorate and Mark Brandenburg, as well as Incorporated Lands). Buchladen des Waysenhauses: Berlin, 1737. Vol. 2, Col. 205. Researched by Dominik Jacobs 9/25/2019