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
Puppet monarch Puppet monarch A puppet monarch is a majority figurehead who is installed or patronized by an imperial power in order to provide the appearance of local authority, while allowing political and economic control to remain among the dominating nation. Figurehead monarch, as source of legitimacy and possibly divine reign, has been the used form of government in several situations and places of history. There are two basic forms of using puppets as monarchs (rulers, kings, emperors): Examples of the first type are the Emperors who were the puppets of the "shōguns" of Japan and the kings who were the puppets