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The estimates for the expenses of the year 1759 are made up; I have seen them; and what do you think they amount to? No less than twelve millions three hundred thousand pounds: a most incredible sum, and yet already subscribed, and even more offered! The unanimity in the House of Commons, in voting such a sum, and such forces, both by sea and land, is not the less astonishing. This is Mr.
Those first visited by La Salle were the Kappas or Quapaws, a remnant of whom still subsists. The others were the Topingas, or Tongengas; the Torimans; and the Osotouoy, or Sauthouis. According to Charlevoix, who saw them in 1721, they were regarded as the tallest and best formed Indians in America, and were known as les Beaux Hommes. Tonty's estimates of distance are here much too low.
The mind of the spectator does not conceive it; and he estimates the merits of the edifice on the supposition of its being built upon the ground.
Still, even if we accept the rigorous version of market efficiency i.e., as Aswath Damodaran of the Stern Business School at NYU puts it, that market prices are "unbiased estimates of the true value of investments" prices do react to new information and, more importantly, to anticipated information. It takes them time to do so.
Arthur Spielmann, on being directed by the City Council to prepare plans and estimates for a contemplated sewer in Ferry street to the western boundary of the city, reported adversely to the project, believing that such a sewer would fail to answer the purpose of its construction.
"It is very much," replied Barbicane; "the temperature which was observed in the polar regions, at Melville Island and Fort Reliance, that is 76@ Fahrenheit below zero." "If I mistake not," said Nicholl, "M. Pouillet, another savant, estimates the temperature of space at 250@ Fahrenheit below zero. We shall, however, be able to verify these calculations for ourselves."
At the same time any one who has a project in his head may propose it, with an estimate of its cost. Thereupon the Finance Committee makes the necessary appropriations, revising the estimates in accordance with the general total which the society can afford to spend for the year. At or before this meeting the returns for the past year have been scrutinized.
The money value of the potatoes destroyed by the Blight of 1846, he estimates at £11,250,000: the loss of the oat crop of that year he calculates to be £4,666,000, making the whole loss in oats and potatoes £15,916,000.
It estimates the Force Publique at 30,000 men, rather more than twice its full strength, and its author is under the impression that the people may not collect the produce of the land or "barter it for merchandise." It is a little difficult to understand what the author means here.
But astern of them was the most appalling sight, for there, rushing on with awful speed and a sort of hissing roar, came the monstrous wave, emerging, as it were, out of thick darkness, like a mighty wall of water with a foaming white crest, not much less according to an average of the most reliable estimates than 100 feet high.
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