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February 6 Daily Devotional

Day 37: Psalm 15:5

John Calvin

Devotional:

Who lends his money without usury and does not accept a bribe against the innocent. In this verse David enjoins the godly neither to oppress their neighbours by usury, nor to suffer themselves to be corrupted with bribes to favour unrighteous causes. David seems to condemn all kinds of usury in general, so that the very name has been everywhere held in detestation. But crafty men have invented specious names under which to conceal the vice; and thinking by this artifice to escape, they have plundered with greater excess than if they had lent on usury avowedly and openly. God, however, will not be dealt with and imposed upon by sophistry and false pretences. He looks upon the thing as it really is. There is no worse species of usury than an unjust way of making bargains, where equity is disregarded on both sides. Let us then remember that all bargains in which the one party unrighteously strives to make gain by the loss of the other party, whatever name may be given to them, are condemned.

With respect to usury, it is scarcely possible to find in the world a usurer who is not at the same time an extortioner, and addicted to unlawful and dishonourable gain. Accordingly, Cato of old justly placed the practice of usury and the killing of men in the same rank of criminality, for the object of this class of people is to suck the blood of other men. It is also a very strange and shameful thing, that, while all other men obtain the means of their subsistence with much toil, while husbandmen fatigue themselves by their daily occupations, and artisans serve the community by the sweat of their brow, and merchants not only employ themselves in labours, but also depose themselves to many inconveniences and dangers, - moneymongers should sit at their ease without doing any thing, and receive tribute from the labour of all other people.

We should keep ourselves from plundering and devouring the poor who are in distress and want.

The gain which he who lends his money upon interest acquires, without doing injury to any one, is not to be included under the head of unlawful usury.


Welcome to a one-year devotional by John Calvin (1509-1564) on the Psalms. We are indebted to P & R Publishing for permission to use this copyrighted material from John Calvin: A Heart Aflame on the OPC Web site. In addition to viewing the daily devotional reading here, you may like to purchase a copy of the book A Heart Aflame from P & R Publishing or your local bookstore.

John Calvin, A Heart Aflame: Daily Readings from Calvin on the Psalms, is copyright © 1999 by P & R Publishing Company, all rights reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any means—electronic, mechanical, photocopy, recording, or otherwise—except for brief quotations for the purpose of review or comment, without the prior permission of the publisher, P & R Publishing Company, P.O. Box 817, Phillipsburg, New Jersey 08865-0817.

Unless marked by an asterisk, italic Scripture excerpts preceding Calvin's exposition are from the HOLY BIBLE, NEW INTERNATIONAL VERSION®. NIV®. copyright© 1973, 1978, 1984 by International Bible Society, used by permission of Zondervan Publishing House, all rights reserved. Phrases of Scripture within Calvin's exposition are based on an unidentified older translation, or in rare instances modified to conform to the NIV excerpts preceding Calvin's exposition.

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