jubilee The jubilee was a wonderful institution, and of great service to the religion, freedom, and independence of the Hebrews. It was calculated to prevent the rich from oppressing the poor, and reducing them to perpetual slavery; and to hinder their obtaining possession of all the lands by purchase, mortgage, or usurpation. It was further intended, that debts should not be multiplied too much, lest the poor should be entirely ruined; that slaves should not always continue in servitude; that personal liberty, equality of property, and the regular order of families might, as much as possible, be preserved; and that the people might thus be strongly attached to their country, lands, and inheritances.