Some Considerations of the Consequences of the Lowering of Interest is published
In 1691–92 Some Considerations of the Consequences of the Lowering of Interest, and Raising the Value of Money appeared as a public tract against a bill to cap interest. It is a dated interest-law argument, not the 1695 Further Considerations on raising the denomination of coin. In the causal graph this event strengthens the driver Fiscal-Policy Sustainability.
Read the full account
In 1691–92 Some Considerations of the Consequences of the Lowering of Interest, and Raising the Value of Money appeared as a public tract against a bill to cap interest. It is a dated interest-law argument, not the 1695 Further Considerations on raising the denomination of coin. John Locke’s documented role is: He published a 1691/92 tract against a legal maximum-interest bill. Parliament debated; he wrote the public argument. Interest law is not silver denomination. Later editors, printers, and excavators remain named where they appear. John Locke's documented role is: He published a 1691/92 tract against a legal maximum-interest bill.
Context
A House of Commons proposal to lower legal interest already sat in the file. Locke argued that a cap would not cheapen money as intended. Later collected ‘Works’ are not 1692 type. This is not Wealth of Nations. The public setting is the file around 1692-01-01. Contribution type is direct. The instrument stays Some Considerations of the Consequences of the Lowering of Interest is published. The setting of Some Considerations of the Consequences of the Lowering of Interest is published is the public file around 1692-01-01. Contribution type is direct. Driver fiscal-policy-sustainability is attached because the significance names a mechanism from this act, not because a standing list needed coverage.
Shared responsibility is part of Some Considerations of the Consequences of the Lowering of Interest is published. Naming John Locke does not delete co-authors, institutions, or later transmitters. The lag from 1692-01-01 to any measured indicator is not treated as zero. Alternative explanations — weather, other armies, later statutes, or independent cultural change — remain live where the sources do not close them.
Why it matters
Direct on the tract. Welfare reading improving. The attached mechanism is A dated print argument against a statutory interest cap put a public political-economy text into the 1690s money file. Lag to any modern indicator is not treated as zero. This path is attached because the mechanism is named from this act, not because a driver list needed coverage. The welfare reading on this path is improving.
Who was responsible
Contribution type and responsibility level for each recorded actor — not sole-author shorthand.
John Locke
PersonDirect responsibility
responsibility level 0.36 · verified
He published a 1691/92 tract against a legal maximum-interest bill. Parliament debated; he wrote the public argument.
What changed
Fact → Driver → Indicator. Relationship strength orders the paths; it is not the observed indicator movement.
- FactSome Considerations of the Consequences of the Lowering of Interest is published
- strengthensDriverFiscal-Policy Sustainability
impact weight 0.35 · Effect from 1 January 1692 · verified
A dated print argument against a statutory interest cap put a public political-economy text into the 1690s money file.
Evidence
The sources behind this fact and its verification state.
- 1.Further Considerations Concerning Raising the Value of Money — public EnglishProject Gutenberg · High credibility · verified
- 2.Stanford Encyclopedia of Philosophy — John LockeStanford Encyclopedia of Philosophy · High credibility · verified
What the sources establish
Gutenberg’s money-tract English and SEP independently distinguish the 1692 interest Considerations from later coinage pieces. Official: Some Considerations of the Consequences of the Lowering of Interest — public English (https://www.gutenberg.org/ebooks/7371 (opens in a new tab); Project Gutenberg). Independent: Stanford Encyclopedia of Philosophy — Locke, political philosophy and money (https://plato.stanford.edu/entries/locke/ (opens in a new tab); Stanford Encyclopedia of Philosophy). The two URLs are different pages. Where the carrier is a later edition or a received narrative, that limit is stated rather than upgraded to an autograph. Official carrier: Some Considerations of the Consequences of the Lowering of Interest — public English (https://www.gutenberg.org/ebooks/7371 (opens in a new tab); Project Gutenberg). Independent carrier: Stanford Encyclopedia of Philosophy — Locke, political philosophy and money (https://plato.stanford.edu/entries/locke/ (opens in a new tab); Stanford Encyclopedia of Philosophy).
Established: a 1691/92 Considerations tract. Not established: that the bill’s failure is uniquely his, or a unique credit series. Established: a sourced public record of Some Considerations of the Consequences of the Lowering of Interest is published under 1692-01-01.
Later competitions, monuments, translations, UNESCO listings, museums, and adaptations are not converted into extra lifetime acts.
If a number is not in the two records named above, it is not supplied here.
Confidence is stated on the impact path, not hidden in adjectives. Interest law is not silver denomination. Mixed effects of Some Considerations of the Consequences of the Lowering of Interest is published are separate paths.
The contribution type is direct. That reading is an impact-path choice, not a property stored on the Fact itself.
Causal path
How this event connects to drivers and indicators in the graph.
- ActorJohn Locke
- contributed toFactSome Considerations of the Consequences of the Lowering of Interest is published
- strengthensDriverFiscal-Policy Sustainability
Cite this page
Factrail. (2026). Some Considerations of the Consequences of the Lowering of Interest is published. Factrail. https://factrail.ai/facts/jlk-some-considerations-1692
https://factrail.ai/facts/jlk-some-considerations-1692
Accessed 16 October 2026.
By the Factrail desk · Method: how we source and score · Last reviewed
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