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International Finance by Hartley Withers
page 72 of 116 (62%)
people. I always felt ashamed to strike the poor fellows
myself, but I confess to the amusement with which I
witnessed the observance of this custom by other people."

Originally, as we see from the Hebrew scriptures, a hardy race of
shepherds, farmers, and warriors, they were forced into the business of
finance by the canonical law which forbade Christians to lend money at
interest, and also by the persecution, robbery and risk of banishment to
which Christian prejudice made them always liable. For these reasons
they had to have their belongings in a form in which they could at any
moment be concealed from robbers, or packed up and carried off if their
owners suddenly found themselves told to quit their homes. So they were
practically compelled to traffic in coins and precious metals and
jewellery, and in many places all other trades and professions were
expressly forbidden to them. This traffic in coins and metals naturally
led to the business of moneylending and finance, and the centuries of
practice, imposed on them by Christianity, have given them a skill in
this trade, which is now the envy of Christians who have in the meantime
found out that there is nothing wicked about moneylending, when it is
honestly done. At the same time these centuries of persecution have
given the Jews other qualities which we have more reason to envy than
their skill in finance, such as their strong family affection and the
steadfastness with which they stand by one another in all countries of
the world. The fact of their being scattered over the face of the earth
has given them added strength since finance became international. The
great Jew houses have relations and connections in every business
centre, and so their power has been welded, by centuries of racial
prejudice, into a weapon the strength of which it is easy for popular
imagination to exaggerate. Christendom forced the money power into the
hands of this persecuted race, and now feels sorry when it sees that in
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