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Updated: June 27, 2025
In addition to these propositions, the creditors were to have an option of vesting their money in annuities on different plans; and it was also recommended to open a loan at five per cent. for ten millions of dollars, payable one half in specie and the other half in the debt, irredeemable by any payment exceeding six dollars upon the hundred, per annum, both of principal and interest.
To each of the captains who had made two voyages in his service, and who should bring his ship safely into port, he gave fifteen hundred dollars; and to each of his apprentices, five hundred. To his old servants, he left annuities of three hundred and five hundred dollars each.
Its revolution was for the purpose of saving the privileges of the Church from the too sweeping reforms of the Cortes of Spain. And there it now stands, with all the properties and annuities which it enjoyed in the time of the idiot kings. The Inquisition no longer enforces with fire the censures of the Church, and men are no longer compelled by legal process to pay tithes.
They further enabled him to raise one million on the general credit of the exchequer, by granting annuities. They laid several new duties on a variety of imports. They renewed the last quarterly poll, providing that in case it should not produce three hundred thousand pounds, the deficiencies might be made up by borrowing on the general credit of the exchequer.
President Jefferson had always insisted on the payment of annuities in these purchases, instead of a lump sum, so that a fund might be created for the continual support of the tribes from year to year, and so that they might be enabled to purchase horses, cattle, hogs and the instruments of husbandry and thus gradually enter upon the ways of civilization.
Wolsey was persuaded to buy off the hostility of the courtiers by giving his personal confirmation to the prodigal grants of pensions and annuities which had been already made from his revenues, while Cromwell acquired importance as the go-between in these transactions.
While the house of commons deliberated on the bill for granting to his majesty several duties upon malt, and for raising a certain sum of money to be charged on the said duties, a petition was presented by the maltsters of Ipswich and parts adjacent against an additional duty on the stock of malt in hand: but no regard was paid to this remonstrance; and the bill, with several new amendments, passed through both houses, under the title of "An act for granting to his majesty several duties upon malt, and for raising the sum of eight millions by way of annuities and a lottery, to be charged on the said duties: and to prevent the fraudulent obtaining of allowances in the gauging of corn making into malt; and for making forth duplicates of exchequer-bills, tickets, certificates, receipts, annuity orders, and other orders lost, burned, or otherwise destroyed."
Twice every year these annuities were to be paid; and then there was the trouble of getting it to them; and then one of them was said to have died, and afterwards it turned out to be no such thing. My mother was quite sick of it.
"Whereas, This subject was agitated in a general council of the Six Nations as early as 1810, and resulted in sending a memorial to the President of the United States, inquiring whether the Government would consent to their tearing their habitations, and removing into the neighborhood of their western brethren, and if they could procure a home there, by gift or purchase, whether the Government would acknowledge their title to the lands so obtained in the same manner it had acknowledged it in those from whom they might receive it; and further, whether the existing treaties would in such a case remain in full force, and their annuities be paid as heretofore: and,
During the two last-mentioned wars, annuities, either for terms of years or for lives, were seldom granted, but as premiums to the subscribers of a new loan, over and above the redeemable annuity or interest, upon the credit of which the loan was supposed to be made. They were granted, not as the proper fund upon which the money was borrowed, but as an additional encouragement to the lender.
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