About a Cartesian Bank:
I only miss the capital, even if I have some wise projects for my money; also I hope that some contributions (see the last post) will bring some.
The useful and fair virtue: in order to help to do some virtuous things with enough warranties for the return, without forgetting the fact that for the damages which occurred on what has been lent, there should be a compensation, and this following the price in effect. Otherwise for the interest what should be taken into account are the costs of management, the risk of use against the interest of the lender; also the motivation in order to compensate for the psychological uneasiness coming from the possibility of absence of return, if nothing is done in order to assure that this can not occur. Lastly the fact to have a capital only for loaning money is acceptable, if this is well done, so by having the office of a person of Law, by checking the morality of the borrowers and of their request; as well it can be good to encourage virtue by some growing advantages for the maintenance of a good social order.
The useless and unfair vice: in order to keep going vice, and/or without some good warranties about the return, what pushes to some grave actions in order to recover a possession, which can annihilate the life of a person and of this one’s entourage, while the guarantee to not have to come to this is preferable; unless one is vicious to the point of being perverse, what can go as far as wanting to do an additional margin with the sale of what has been taken for the compensation of the absence of recovery, but here one risks the hatred of some persons who do not have a lot of things which are attaching them to life. Lastly for the interest it is bad to ask too much of it with paying oneself above the merit of the office and the incurred risks, and to favor vice.