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On the other hand, under the statesmanlike management of Jose Yves Limantour, the Minister of Finance, the monetary situation at home and abroad was strengthened beyond measure, and banking interests were promoted accordingly. Further, an act abolishing the alcabala, a vexatious internal revenue tax, gave a great stimulus to freedom of commerce throughout the country.
It was not his fault, he argued he had meant to do right but gilt-edged securities were as waste, paper in the unprecedented monetary depression which was sweeping stronger men than himself to the verge of ruin. He could not foresee such a crisis. Even the Solons of Wall Street had not anticipated it. It was not his fault. He had meant to make all right in a few years.
The late disastrous monetary revulsion may have one good effect should it cause both the Government and the people to return to the practice of a wise and judicious economy both in public and private expenditures. An overflowing Treasury has led to habits of prodigality and extravagance in our legislation.
Poor Chadwick, I'm afraid from what he said that his fortune, all but a small amount, is wiped out." "But will he get better, doctor?" asked Jack anxiously, disregarding the monetary aspect of the affair. "That all depends," said the doctor seriously, "on his freedom from anxiety." "You mean that he must not worry over money matters?"
"Very well, madam," he said, "I will make an exception in your case, and let you have it for half the sum." With a good deal more grumbling she paid the half fee, and, fastening the locket round her neck, flounced out of the building. As Kelson gleefully anticipated, the spell acted in less than two days, and with such success, that he was more than compensated for the monetary loss.
In the wings of the mansion, a lovely face is sometimes seen at a window. It is a reminder of the stories of that concealed beauty who has reigned years in the mansion on the hill. Is it a marriage impending? Is it some great scheme? Some new monetary institution to be launched? These vain queries remain unanswered. There is a mystic password given before joining the feast.
The young Rajah, having the usual native taste for luxury well developed and his income stopped, I became of some monetary assistance to him. Also, judiciously fostering his discontent against the government, I soon had him in a desired frame of mind.
It was even possible these Turkish gentlemen here and myself might have proceeded to extremities, but the affair has ended satisfactorily, and if you will allow me " He put his hand into his pocket and a slight monetary transaction terminated the incident pleasantly for all parties.
The abundance of fish is also due to the presence of masses of glutinous matter, apparently living protoplasm, which furnishes nutriment for millions of animalcules which again become food for the herring and other fish. The fish are mainly of the round sort found in deep waters, the cod, herring, and mackerel being the most important. The cod yields the largest monetary returns.
The whole monetary system, or rather lack of system, complicated by numberless local banks, each with its own issue of paper money, is so bewildering that European householders seldom bother about anything beyond dollars and cents, to which standard, for their especial benefit, all others are reduced, though always at a certain loss in the exchange.
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