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Though this is not true at Michigan it is significant that of the eight members of the Board of Regents, six, Walter H. Sawyer, '84h, Hillsdale; Victor M. Gore, '82l, Benton Harbor; Junius E. Beal, '82, Ann Arbor; Frank B. Leland, '82, '84l, Detroit; William L. Clements, '82, Bay City, and James O. Murfin, '95, 96l, Detroit, hold degrees from the University and this proportion has held true for many years.
In 1780, the article rose, either through caprice, or necessity, perhaps the former, from 72l. a ton to 84l. the result was, an advance upon the goods manufactured, followed by a number of counter-orders, and a stagnation of business.
The soul of the aged widow, Francesca de Parson, is forever released from the flames of purgatory. Ticket 84l. But, my reader asks, "Do the people implicitly believe all the priest says?" No, sometimes they say, "Show us a sign." This was especially true of the people living on the Chili-Bolivian border.
The old companies, which we may justly consider the directors of a south sea bubble in miniature, sunk the price from 84l. to 56l. Two inferences arise from this measure; that their profits were once very high, or are now very low; and, like some former monarchs, in the abuse of power, they repented one day too late.
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