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"The British Provinces had taxed themselves 360,000l. a-year for the execution of these works, which Lord Durham had proposed in 1838, with the object of binding together, by the means of physical communication, the varied sections of the Queen's American dominions.
In one case, by negligent drafting, the Insurrection Bill was made to extend to three instead of two years, while a simple mistake in one of the Revenue Bills was believed to have cost the Revenue not less than 40,000l.
Her coronet of diamonds contains in it a lustrous gem, called the Portland stone, worth 10,000l., and her jewels altogether are of fabulous value. Nothwithstanding the changing fashions of High Society, she retains her preference for a Medici collar of lace and a spray of Malmaison carnations.
I want you to understand how this is. If the farmer paid ten pounds a- year more than he now pays, towards buying his farm, and if the 1,000l. the Government would pay for the farm would not cost the Government more than 35l., the difference between 35l. and 60l. being 25l., would be the sum which that farmer, in his rent, would be paying to the Commission, that is, to the Government, for the redemption of his farm.
Meeting Sir William Hooker the Alderman, he did cry out mighty high against Sir W. Pen for his getting such an estate and giving 15,000l. with his daughter; which is more by half than ever he did give; but this the world believes, and so let them. 21st. 22nd. To White Hall; and there we attended the Duke of York as usual; and I did present Mrs.
But I fear it would not be practicable for us to spend 800,000l. on the gratuitous education of London. Rich as we are, we should not know where to raise the money. In Boston it is raised by a separate tax. It is a thing understood, acknowledged, and made easy by being habitual as is our national debt.
One result of such a mode of agency is given; one other result, I mean, besides the 20,000l. put into the pocket of the brother of the Secretary of the Navy. A ship called the "Stars and Stripes" was bought by Mr. Morgan for 11,000l., which had been built some months before for 7000l. This vessel was bought from a company which was blessed with a president.
It was mere fiddling; and, absurd as it looked, there was nothing but an honest meaning in it: '20,000l. Date Obolum Belisario! My dear father had translated the little Latin inscription for me, and I had written it down as a sort of exercise of memory; and also, perhaps, as expressive of that sort of compassion which my uncle's fall and miserable fate excited invariably in me.
They have a debt of 60,000,000l.; and it is continually increasing; they always have a loan open; and while their debt is increasing their credit has been falling, because they have not treated their creditors very honourably on one or two occasions, and chiefly, of course, on account of the calamities which have recently happened in India.
The seventh earl of course they starved; and the present lord, at the age of forty-three, found himself in possession of house, and coins, and curiosities; and, best of all, of some 90,000l. in the funds, which had quietly rolled up during the latter part of his venerable parent's existence.
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