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Each subscriber, or partner was to pay, annually, three per centum interest on the sum he should take, and five per centum of the principal, either in the bills themselves, or in the produce and manufactures of the country, at such rates as the directors should, from time to time, establish.

The proposal being approved, a bill was framed for this purpose, as well as for redeeming such annuities as should not be subscribed, which passed through both houses, and was enacted into a law, after having received an additional clause, empowering the East India company, in case they should subscribe all their stock bearing an interest of four per centum, to borrow, with the consent of the treasury, any sums not exceeding four millions two hundred thousand pounds, after the several rates of interest before proposed to be paid by the public, and one million more at three per centum per annum.

The custome to the king is inward 10. per centum, to the Turke, to be paid of the commoditie it selfe, or as it shall be rated. There is another custome to the Ermine, of one and an halfe per centum, which is to the Iustice of the Christians: the goods for this custome are rated as they are for the kings custome.

"'Centum fronte oculos, centum cervice gerebat Argus, et hos unus saepe fefellit amor." But there was something about Myrtle, he hardly knew whether to call it dignity, or pride, or reserve, or the mere habit of holding back brought about by the system of repression under which she had been educated, which kept even the old Master of Arts at his distance.

Neither would there be danger that a higher rate of duty than that intended by Congress could be levied in the form of specific duties. It would be easy to ascertain the average value of any imported article for a series of years, and, instead of subjecting it to an ad valorem duty at a certain rate per centum, to substitute in its place an equivalent specific duty.

"Yes," he answered, modestly, "I enjoy the brouhaha, if you choose to consider it such, of all this quarrelsome menagerie of noise-making machines, brought into order and harmony by the presiding genius, the leader, who has made a happy family of these snarling stringed instruments and whining wind instruments, so that although "Linguae centum sent, oraque centum,

The Trustees, moreover, have changed four-fifths of their holdings of the common stock of the railroad company above mentioned, into its preferred stock, from which a permanent income of six per centum will be derived.

"The public lands in the late provinces, as far as practicable, shall be surveyed according to the rectangular system of the General Land Office of the United States; and in the Territories west of longitude ninety degrees or the western boundary of Canada West, sections sixteen and thirty-six shall be granted for the encouragement of schools; and after the organization of the Territories into States, five per centum of the net proceeds of sales of public lands shall be paid into their treasuries as a fund for the improvement of roads and rivers.

He was so confident of this, that he preferred paying a high rate of interest for money for temporary purposes, rather than sell his property. So hard did he become pressed at last, that he resorted to the expedient of raising ten thousand dollars on mortgage, at ten per centum per annum. Wolford held this mortgage, as the reader is aware. It was with painful reluctance that Mr.

No sooner was Charles seated on the throne, than Parliament voted a duty of five per centum on all merchandises exported from, or imported into, any of the dominions belonging to the English crown; and, in the course of the same session the celebrated navigation act was re-enacted.