At the end of the first scene Antonio had bidden Bassanio go forth and try what his credit could do in Venice. i. i. 179.Armed with this blank commission Bassanio hurries into the city. As a gay young nobleman he knows nothing of the commercial world except the money-lenders; and now proceeds to the best-known of them, apparently unaware of what any gossip on the Rialto could have told him, the unfortunate relations between this Shylock and his friend Antonio. compare i. iii. 1-40.At the opening of the Bond Scene we find Bassanio and Shylock in conversation, Bassanio impatient and irritated to find that the famous security he has to offer seems to make so little impression on the usurer. i. iii. 41.At this juncture Antonio himself falls[1] in with them, sees at a glance to what his rash friend has committed him, but is too proud to draw back in sight of his enemy. Already a minor difficulty is surmounted, as to how Antonio comes to be in the position of asking an obligation of Shylock. Antonio is as impatient as dignity will permit to bring an awkward business to a conclusion. Shylock, on the contrary, to whom the interview itself is a triumph, in which his persecutor is appearing before him in the position of a client, casts about to prolong the conversation to as great a length as possible. Any topic would serve his purpose; but what topic more natural than the question at the root of the feud between the two, the question of lending money on interest? It is here we reach the very heart of our problem, how the first mention of the pound of flesh is made without a shock of unreality sufficient to ruin the whole scene. Had Shylock asked for a forfeiture of a million per cent., or in any other way thrown into a commercial form his purpose of ruining Antonio, the old feud and the present opportunity would be explanation sufficient: the real difficulty is the total incongruity between such an idea as a pound of human flesh and commercial transactions of any kind. The proposal led up to by the discourse on interest.This difficulty Shakespeare has met by one of his greatest triumphs of mechanical ingenuity: his leading up to the proposal of the bond by the discussion on interest. The effect of this device a modern reader is in danger of losing: i. iii, from 69.we are so familiar with the idea of interest at the present day that we are apt to forget what the difficulty was to the ancient and mediæval mind, which for so many generations kept the practice of taking interest outside the pale of social decency. This prejudice was one of the confusions arising out of the use of a metal currency. The ancient mind could understand how corn put into the ground would by the agency of time alone produce twentyfold, thirtyfold, or a hundredfold; they could understand how cattle left to themselves would without human assistance increase from a small to a large flock: but how could metal grow? how could lifeless gold and silver increase and multiply like animals and human beings? The Greek word for interest, tokos, is the exact equivalent of the English word breed, and the idea underlying the two was regularly connected with that of interest in ancient discussions. The same idea is present throughout the dispute between Antonio and Shylock. Antonio indignantly asks:

i. iii. 134.

when did friendship take

A breed for barren metal of his friend?

i. iii. 72.

Shylock illustrates usury by citing the patriarch Jacob and his clever trick in cattle-breeding; showing how, at a time when cattle were the currency, the natural rate of increase might be diverted to private advantage. Antonio interrupts him:

i. iii. 96.

Is your gold and silver ewes and rams?

Shylock answers:

I cannot tell; I make it breed as fast;