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Taking into consideration the services and the present languishing state of the bank, whose notes were at twenty per cent, discount, they resolved that it should be enlarged by new subscriptions, made by four-fifths in tallies struck on parliamentary funds, and one-fifth in bank-bills or notes; that effectual provision should be made by parliament for paying the principal of all such tallies as should be subscribed into the bank, out of the funds agreed to be continued; that an interest of eight per cent, should be allowed on all such tallies; and that the continuance of the bank should be prolonged to the first day of August, in the year one thousand seven hundred and ten.
Dale was held by the whole neighborhood. Secretly subscriptions had been collected for the purpose of giving Mr. Dale a testimonial, and at a very large meeting in the Rodchurch Schoolroom, it was presented by one of the most important local gentlemen. "Mr.
In 1708, therefore, the credit of government was as good as that of private persons, since it could borrow at six per cent. interest, the common legal and market rate of those times. In pursuance of the same act, the bank cancelled exchequer bills to the amount of £ 1,775,027: 17s: 10½d. at six per cent. interest, and was at the same time allowed to take in subscriptions for doubling its capital.
The city subscribed a considerable sum for that purpose; and a committee of aldermen and commoners was appointed to attend at Guildhall, to receive and apply the subscriptions.
The result was debt; then subscriptions among his friends to pay his debts; then a fresh start and more debts, and more subscriptions and funds for his benefit, and gifts of money for his table, and checks or notes for several thousand dollars in token of admiration of the 7th of March speech. This was, of course, utterly wrong and demoralizing, but Mr.
The clergyman of her own parish, a man, who by all accepted rule and precedent ought to have been after her at once, asking for subscriptions to this fund and that fund, toadying her for her position, and begging for her name and support, had not even noticed her absence from divine service on Sundays! She did not know whether to be relieved or dissatisfied.
But there was grave doubt as to results in the rural counties, in each of which a special election was to be held a month or two later. It was Guilford Duncan's task to remove that doubt, to persuade the voters to favor the proposed subscriptions, and incidentally to secure rights of way, station sites, etc., by gift from the land owners.
"There will be a Labour press, I think," said George, turning Josie's hair round his fingers. "When the unions get a sound system it'll come." "What do you mean by your sound system, George?" asked Geisner. "Just this! That the unions themselves will publish their own papers, own their own plant, elect their own editors, paying for it all by levies or subscriptions.
We go about among the people till we get the names of such a number that their annual subscriptions will meet the cost of the paper, which is little or big according to the largeness of its constituency.
"The Glen St. Mary church wouldn't have been built to this day," went on Miss Cornelia, ignoring Captain Jim, "if we women hadn't just started in and took charge. We said WE meant to have a church, if the men meant to quarrel till doomsday, and we were tired of being a laughing-stock for the Methodists. We held ONE meeting and elected a committee and canvassed for subscriptions. We got them, too.
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