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His father held two livings near Northampton Western Favell and Collington; but, though the joint incomes only amounted to 180l. a year, and though the villages were both of small population and not far apart, Hervey for some time scrupled to be a pluralist; and it was only in order to provide for the wants of an aged mother and a sister that he at length consented to hold both livings.
The actual authorized expenditure in accordance with the rules is only 50l. per annum, i.e. 249 dollars; but this does not, by any means, include everything. Some of the richer young men may spend as much as 300l. per annum, but the largest number vary their expenditure from 100l. to 180l. per annum; and I take it the same thing may be said of our universities.
Powell's case, in which his own statements are accepted, and notice is taken of a request he had made for an allowance of 400l. off the value of the Wheatley property on account of the mortgage to that amount with which it was burdened, the fine is fixed by these ominous words at the close: "Fine at 2 yeeres value, 180l." The officials had been strict as Shylock.
The reduction-officer and the book-keeper are rated at 500l., and the superintendent of works and the head-miner each at 240l. The pay of carpenters and other mechanics, who should know how to make small castings, would range from 180l. to 150l. The first native clerk and the store-keeper would be paid 100l.; the time-keeper, with three assistants, 70l. and 65l.
Taking the Wheatley property at Mr. Powell's own valuation of 40l. a year, without allowing his claim of a half off for the Ashworth mortgage, they had added 50l. a year as the worth of the remaining 1,000l. made up by the three other capital items in his return, and thus appraised him as worth 90l. a year in all. At the customary rate of two years' value, his fine therefore was to be 180l.
About eleven years afterwards, the same merchant gave an acquittance to Henry VIII. of England, for the sum of 152,180l. Flemish, which the king had borrowed of him. The Fuggers had a licence from the king of Portugal to trade to India; and they used to send their own factor in every ship that sailed thither, and were the owners of part of every cargo of pepper imported.
Le Monnier. See vol. i. of the edition of Machiavelli, by Mess. Fanfani and Passerini, Florence, 1873; p. lv. Villani's Machiavelli, ib. p. 306. The income is estimated at about 180l. See Pandolfini, Trattato del Governo della Famiglia. Fanfani and Passerini's edition, vol. i. p. xcii. Elogia, cap. 87.
Powell's will that he had compounded for his property, the case was not really so. The Committee had fixed his composition at 180l., and so had admitted him to compound; but, as he had not yet paid the usual first moiety, the transaction was really incomplete at his death.
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