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Although the extraordinary increase of trade in Paris is almost incredible, yet the bankrupts are more numerous than they were formerly; one reason is, on account of the number of persons in each business having so much increased, and the immense expenses which they incur in the embellishment of their shops to try and outvie each other.
We were like bankrupts, who cannot summon energy to begin life and work again in earnest. And we were represented by the most comic parliament that ever sat in Westminster, upon which it would be too painful here to expatiate. One didn't know what had happened, or what was happening, or what was going to happen. We had won the war. But what was that going to mean?
The pastoral nations were needy and hungry to desperation; and this intellectual nomadism, in its excess, bankrupts the mind through the dissipation of power on a miscellany of objects.
"He'll never do that," said Lester. "He's in clover now, and for the first time in his life, and the more of an ass he is the more he'll like clover. He's paying attention to the lot. He'll never settle down to one. It's all up with us unless he bankrupts himself." "He won't," observed Harry Burnham. "Conscious rectitude won't do anything like that.
They saw our prisons crowded with debtors, and our papers filled with the names of bankrupts, of whom many may be supposed to have miscarried without idleness, extravagance, or folly. They saw, therefore, my lords, that industry must sink under any addition to its load, a consideration which could afford no proof of the abundance of our wealth.
The custom emanated from Germany, Moryson explains, and was in England first used at Court and among "very Noble men." Moryson himself put out £100 to receive £300 on his return; but by 1595, when he contemplated a second journey, he would not repeat the wager, because ridiculous voyages were by that time undertaken for insurance money by bankrupts and by men of base conditions.
The United States are represented as deadly enemies of the whole Latin Race and of the monarchies of Europe, which must fall to their feet, if that race does not commence a crusade against the heretics, and take the sword against the pirates, thieves and bankrupts of the United States."
Had we our stock before hand, we should quickly spend all, and prove bankrupts: God hath laid up all our treasure of "wisdom, righteousness, sanctification, and redemption in Jesus Christ," and will have us live from hand to mouth, that so we might be safe, and God's free grace be exalted: "It is of faith, that it might be by grace, to the end your promise might be sure to all the seed."
The latter, as Lady Hesketh, was in later days one of his most intimate friends. In 1759 he received a small sinecure appointment as Commissioner of Bankrupts, which he held for 5 years, and in 1763, through the influence of a relative, he received the offer of the desirable office of Clerk of the Journals to the House of Lords.
Before his corpse was buried his countrymen had made a strange discovery that the existence of the potent engine of monopoly that went by the name of Sigsbee Manderson had not been a condition of even material prosperity. The panic blew itself out in two days, the pieces were picked up, the bankrupts withdrew out of sight; the market 'recovered a normal tone'.
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