United States or El Salvador ? Vote for the TOP Country of the Week !
He was now thrice Chancellor of the Exchequer; and for a quarter of a century he led the opposition in the House of Commons, except in the brief intervals when he was identified with the Government.
The Chancellor of the Exchequer also said in his speech, that he had been informed by a person of great experience on the subject, that only 25 per cent. of the money would go for labour; and that from twenty to thirty men per mile were all that could be employed; taking the highest figure, the noble lord's scheme, he said, would only afford employment to 45,000 workmen. Mr.
Considerable sums flowed into his exchequer that were never used for their destined purpose, but the duke cannot be justly accused of actual bad faith in amassing them. His intention to make the Eastern campaign remained firm for some years. In another matter, his despotic exercise of personal authority, far without the pale of his jurisdiction inherited or acquired, shows no shadow of excuse.
To remedy the deficiency in the provincial exchequer, large remittances would be made immediately from Spain. To provide for the increasing difficulties of the religious question, a convocation of nine learned and saintly personages was recommended, who should devise some new scheme by which the objections to the present system of chastising heretics might be obviated.
The Major assured him that, in a case of such desperate emergency, he should be compelled to apply the ispravnik's remedy, viz., twenty lashes on the bare back, and advised him to postpone his convulsions until the exchequer of the Siberian Division should be in a condition to meet his demands.
The very report of having money in the Exchequer brought a run upon the goldsmiths that had no money there, as well as upon those that had, and not only Sir Robert Viner, Alderman Backwell, Farringdon, Forth, and others, broke and failed, but several were ruined who had not a penny of money in the Exchequer, and only sunk by the rumour of it; that rumour bringing a run upon the whole street, and giving a check to the paper credit that was run up to such an exorbitant height.
Pitt was Chancellor of the Exchequer as well as First Lord of the Treasury, and during the years of peace that followed, his successes were largely financial. He established a series of financial reforms that not only increased the favour in which his ministry was held, but undoubtedly enabled the country to bear the terrible strain that was afterwards to be placed upon it.
The Chancellor of the Exchequer will, on no account, permit you to undertake to provide food for any portion of the Eastern district of Ireland. What we have is insufficient even for the Western district, for which we have undertaken.... No exigency, however pressing, is to induce you to undertake to furnish supplies of food for any districts, except those for which we have already undertaken."
The mines of wealth which had been opened by the hand of industry in that slender territory of ancient morass and thicket, contributed four times as much income to the imperial exchequer as all the boasted wealth of Mexico and Peru.
Bonds, mortgages, post-obits, promissory notes in fact, every imaginable species of invention for raising the O'Malley exchequer for the preceding thirty years were handed about on all sides, suggesting to the mind of an uninterested observer the notion that had the aforesaid O'Malley been an independent and absolute monarch, instead of merely being the member for Galway, the kingdom over whose destinies he had been called to preside would have suffered not a little from a depreciated currency and an extravagant issue of paper.
Word Of The Day