ABSTRACT
The third instalment of Cantos takes Mr. Pound just across the middle line of his poem, and also (if I have read him rightly) concludes its first phase, the phase dealing with usury, banks scarcity, and their consequences. The first three Cantos consist mainly of rough notes and excerpts dealing with financial ordinances in certain Italian cities in the seventeenth and eighteenth centuries. Then comes a fine canticle on usury:
[quotes Cantos, pp. 239-40 'With usura' to 'her bridegroom CONTRA NATURA'.]
