Edward, by the grace of God king of England, lord of Ireland and duke of Aquitaine, to his treasurer and barons of the Exchequer, greetings.

In the third year of our reign, moved by concern for the honor of God and the welfare of the people of our kingdom, we ordained and decreed that no Jew should thereafter lend money at interest to any Christian upon the security of lands, rents or anything else. Instead, they were to support themselves through their own trade and labor.

The Jews afterward wickedly conspired and devised a new form of usury more harmful than the former kind. They called this device curialitas and used its deceptive appearance to oppress our people throughout the kingdom. By this means, they made their later offense twice as serious as the first.

For these reasons, as punishment for their offenses and for the honor of the Crucified, we have banished them from our kingdom as traitors.

We don’t wish to depart in any way from our original purpose. Instead, we intend to carry it out fully. We therefore cancel completely all penalties, interest and anything else of this kind that might be claimed in connection with Jewish loans, regardless of when the claims arose against any of our subjects.

Nothing shall be demanded from these Christians on account of the debts except the principal sums that they received from the Jews.

We decree that the Christians shall establish the amount of these debts before you through the oaths of three trustworthy and law-abiding men who can best determine the truth of the matter. They shall then pay that amount to us at such reasonable times as you determine.

We command you to have this act of grace, which we have benevolently granted, read aloud, entered into the records of the Exchequer and strictly observed in the manner described above.

Witnessed by the king himself at King’s Clipstone on November 6, in the eighteenth year of our reign.