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"I know nothing about business," I replied. An Englishman took the bill, and after a careful examination said he neither knew the drawer, the accepter, nor the backer. "I am the backer," said Castelbajac, "and that ought to be enough, I think." Everybody laughed, besides myself, and I gave it him back courteously, saying politely that he could get it discounted on 'Change the next day.
Fithian marveled at the evidences of wealth and the stratification of society, but he reckoned that a well recommended Princeton graduate, with no questions asked as to his family, fortune or business, would be rated socially as on an equal footing with the owner of a £10,000 estate, though this might be discounted one-half if he were unfashionably ignorant of dancing, boxing, fencing, fiddling and cards.
If we assume, for the sake of example, that the price of gold has fallen that is, that gold is freely offered, while silver has risen, that is, is more in demand the company, since its bills are discounted with its own notes, will give 100 francs of its money for 105 francs of gold, equal to 100 francs in silver; or, to express myself more exactly, for a weight of gold which is only one-twentieth higher than five twenty-five franc pieces, and the weight of silver which is only one-twentieth lower than twenty-five franc pieces.
It was the atmosphere, the proportions.... I don't know if I gave you the effect of something Don Juanesque?..." "Vulgar poem," said the doctor remarkably. "I discounted that." "Vulgar!" "Intolerable. Byron in sexual psychology is like a stink in a kitchen." Sir Richmond perceived he had struck upon the sort of thing that used to be called a pet aversion.
They, knowing his envy and hatred of his former disciple, discounted his evidence and for some time paid no attention to the gathering of the storm. But presently more trustworthy witnesses confirmed his statements, and Raouf Pasha, then Governor-General, finding himself confronted with a growing agitation, determined to act.
"I know nothing about business," I replied. An Englishman took the bill, and after a careful examination said he neither knew the drawer, the accepter, nor the backer. "I am the backer," said Castelbajac, "and that ought to be enough, I think." Everybody laughed, besides myself, and I gave it him back courteously, saying politely that he could get it discounted on 'Change the next day.
This other bill was made payable to the order of B, who, upon its being accepted by C, discounted it with some banker in London; and A enabled C to discharge it, by drawing, a few day's before it became due, a third bill likewise at two months date, sometimes upon his first correspondent B, and sometimes upon some fourth or fifth person, D or E, for example.
Of course, he had been disturbed by Penfield's revelations and innuendoes. No one who took an interest in Miss Oldham could fail to be so. Nevertheless, Penfield's statements should always be thoroughly discounted. That was understood. Robert mechanically lighted another cigarette, still deep in thought. Penfield had spoken of the Oldham family fortunes.
He found out what he wanted to know easily enough. Gower had got his birthright for a song. Donald MacRae had borrowed six thousand dollars through a broker. The land was easily worth double, even at wild-land valuation. But old Donald's luck had run true to form. He had not been able to renew the loan. The broker had discounted the mortgage in a pinch.
It was during one of these brief halts I saw something that discounted the tidings I had heard from Mirakoff. I was the least hurt of any of the wretched occupants of the wagon, and I had managed to drag myself to the far end and to sit there, in the off-side corner, my knees hunched up to my chin.
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