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Updated: June 22, 2025
Meanwhile it was resolved that Hadgi should not only exercise his own talents, but also employ inferior agents, in procuring general intelligence for the support of their scheme; that the expense of this ministry should be defrayed from the profits of their professions; and the remainder be distributed to poor families in distress.
The bold stroke, to carry out which Herzog had gone to London so as to be more secret, had been got wind of. The fall of the shares had not taken place. Working with considerable sums of money, the loss on the difference was as great as the gains would have been. The shares belonging to the European Credit Company had defrayed the cost of the game. It was a disaster.
The expenses of the expedition were defrayed partly from the funds of Captain Drake and his officers, partly by moneys subscribed by merchants and others who took shares in the speculation. These were termed adventurers. Ned embarked five hundred pounds of his prize money in the venture, as did each of his three friends. He was now nineteen, and a broad, strongly-built young fellow.
Import duties might be imposed to the amount of several millions. Then, considerable charges now defrayed from current revenues might be passed to capital account, as they would be in England.
Besides, our Pharisees of reform conveniently forget that the copious banquets at which they turn up their envious eyes are mostly defrayed from private funds. The sheriffs, for instance, derive no aid from public moneys; their own fortunes provide the means for handsomely entertaining friends and strangers, and for dispensing open-handed charity.
The old foundations still remained, and blocks of houses, which had been constructed out of its ruins, were thrown down that the materials might be again employed in its restoration. The citizens, impoverished and wretched, humbly demanded that the expense of building the citadel might be in part defrayed by the four hundred thousand florins in which they had been mulcted by the capitulation.
He was back in Spain in the spring of 1489, his travelling expenses being defrayed out of the royal purse; and a little later he was once more amid scenes of war at the siege of Baza, and, if report is true, taking a hand himself, not without distinction.
At the period of which we treat each vessel had one trierarch. The vessel was given to the trierarch, sometimes ready equipped; he also received the public money for certain expenses; others fell on himself . Occasionally, but rarely, an ambitious or patriotic trierarch defrayed the whole cost; but in any case he rendered strict account of the expenses incurred.
The cost of her civil government had been altogether defrayed out of the imperial treasury, until very recently. She only received, for all purposes, a fifth of the duties on imports collected at Quebec.
As for the national debt, it had its origin in the commutation of the feudatories' incomes and the samurai's pensions. A small fraction of these outlays was defrayed with ready money, but the great part took the form of public loan-bonds.
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