School: St Egney's (C.), Buncrana

Location:
Buncrana, Co. Donegal
Teacher:
Ellen Daly
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The Schools’ Collection, Volume 1112, Page 415

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The Schools’ Collection, Volume 1112, Page 415

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  1. XML School: St Egney's (C.), Buncrana
  2. XML Page 415
  3. XML “Moneylenders”

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  1. Money lenders
    Auctions and moneylenders caused much poverty here and many evictions. At a fair a man auctioned a cow say - now the buyer had no money to pay for it, so he borrowed the price of her from a money-lender on a promise to pay her at rate of so much in £. During the fair-day that buyer auctioned the cow again at a higher price than he paid for her. With the money he did not pay the money-lender back at once but bought some other things he needed with it and so in that way he raised a bit of money.
    Many a time the same fair-day that same cow was auctioned eight or more times.
    Transcribed by a member of our volunteer transcription project.
    Topics
    1. activities
      1. economic activities
        1. trade
          1. buying and selling (~3,622)
    Language
    English
    Informant
    Michael Mc Kinney
    Gender
    Male
    Age
    58
    Address
    Glebe, Co. Donegal