Usury Act 1660 Usury Act 1660 The Usury Act 1660 is an Act of the Parliament of England (12 Car. II. c. 13) with the long title "An Act for restraining the taking of Excessive Usury". The purpose of the Act was to reduce the interest rate from 8% to 6%. The legislation had been enacted in 1651 under the Commonwealth, but this Act was passed to confer legality on the measure following the Restoration of Charles II after the English Civil War. It was amended by the Usury Act 1840 (3&4 Vict, c.83), the Usury Act 1841 (4&5 Vict, c.54), the Usury
SMS Monarch joined in the Cattaro Mutiny in early February 1918. Six weeks later she became an accommodation ship for the submarine crews based at nearby Gjenovic. "Monarch" was handed over to Great Britain as war reparations in January 1920 and broken up for scrap in Italy in 1921. Explanatory notes Citations SMS Monarch SMS "Monarch" ("His Majesty's Ship Monarch") was the lead ship of the built for the Austro-Hungarian Navy in the 1890s. After their commissioning, "Monarch" and the two other "Monarch"-class ships made several training cruises in the Mediterranean Sea in the early 1900s. "Monarch" and her sisters formed the