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
Thomas Danby (died 1660) Thomas Danby (died 1660) Sir Thomas Danby (1610 – 5 August 1660) was an English landowner and politician who sat in the House of Commons between 1640 and 1642. He supported the Royalist side in the English Civil War. Danby was the son of Christopher Danby, and his wife Frances Parker, daughter of Edward Parker, 12th Baron Morley. He owned 10 manors and over 2,000 acres including coal mines. He was High Sheriff of Yorkshire for 1637 and was knighted on 25 July 1633. Danby was elected Member of Parliament for Richmond, Yorkshire for the Long Parliament in November 1640.