A Research Into The Usury Of Guangxi Rural During The Period Of The Republic Of China

Usury is a form of borrowing which exist primarily in the former capitalist era,and it is a high level of interest by lending to obtain capital. In China, since the 2,000 years from slave society, it is widely exist, characterized mainly borrowing of short duration, harsh conditions, high interest rates. However, because of its special nature, the academic study of usury have gone through a tortuous path until the liberation of the 1980s, the academic community, including the liberation of rural lending usury almost entirely negative attitude related research into revealed their negative role or evil in the eyes of the majority of Chinese people, usury is equal to the cruel feudal system of exploitation. Since the beginning of the 1980s, as rural economic have been restructuring, as well as academic research for the improvement of the environment, rural economic history research scholars growing attention to usury academic research has also made a large number of results, but the study area are mainly focused on North China and Yangtze River basins, and other places, and to Guangxi rural debit and credit sides, including the usury, Little is involved, almost blank. In view of this, this article attempts to usury from Guangxi basic situation, a cause, the existence of forms, characteristics and usury to the rural economy and farmers in several aspects of life, such as the impact of the Republic of China period usury rural Guangxi province.The first my thesis defined the concept of usury, and expounded on this subject and the selection of subjects to study significance, academic research on the status of usury and inadequate, the study of thesis. The concept of usury defined mainly from two aspects, namely interest rates and borrowing elements in the market prices of basic stable period, more than 20% annual interest loan for loan-sharking, but in the serious inflation period of time should be borrowing for specific analysis, if cash borrowing, even over 20% per annum, nor as usury; If in lending, the demand for in-kind as principal and interest repayment, or to borrow cash and in kind to be interest in more than 20% per annum can be considered as persons usury. Theory and research methods in the study, this is the history of using traditional research methods, such as factor analysis, comparative law, oral history methodology, the system is also trying to use the methods of economics and quantitative analysis.In a usury clear concept on the basis of this then inspected in the period Guangxi rural usury debt rate, and liabilities of debtors, lending sources, loan period, loan-sharking interest rates, loan applications and other aspects of usury and summarizes some practices.In a word, the Guangxi usury mainly in rural lending and borrowing money two categories. If by then the main form of division usury existence, a kind of lending, money lending, pre-sell crops, loan shops account, hock, livestock loans, work compensation accounts, RCAs. The pre-sell crops, loan shops account, hock, livestock loans, work compensation accounts, such as those belonging to the sub-borrowing patterns is the kind of lending or borrowing money.If the nature of lending and borrowing conditions for demarcation, usury is also divided into various forms of mortgage credit lending and borrowing two. Credit and lending a personal credit guarantee credit, personal credit is fully credit, no collateral is also no guarantee that the loan; But that credit is not required collateral loan guarantor, has sold Young guarantee credit, loan shop account. Mortgage lending refers to the movable and immovable property and the population as collateral lending, such as land mortgages, housing mortgages, low voltage items, population mortgages,...