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Updated: April 30, 2025
The perturbed spirit of Blackwood may rest in the confident assurance that no generous and intelligent student of our literature admires Gibbon less because he enjoys Macaulay, or depreciates Bacon because he delights in Emerson, or denies the sting of Gulliver because he feels the light touch of Knickerbocker.
If stocks rise and fall, if property improves and depreciates, the fluctuations of the market are caused by a common movement, a something in the air, a tide in the affairs of men subject like other tides to lunar influences. The great Arago is much to blame for giving us no scientific theory to account for this important phenomenon.
If they did, where would be their influence at the next election? If a landlord makes himself unpopular, his own personal value depreciates. He is a nonentity in the committee-room, and his help rather deprecated by the party than desired. The Sarsen fellows are not such fools as to break pheasant preserves in the vale; as they are resident, that would not answer.
Among the Dutch whalemen these scraps are called "fritters"; which, indeed, they greatly resemble, being brown and crisp, and smelling something like old Amsterdam housewives' dough-nuts or oly-cooks, when fresh. They have such an eatable look that the most self-denying stranger can hardly keep his hands off. But what further depreciates the whale as a civilized dish, is his exceeding richness.
Now the Exaggerator is thought to have a tendency to lay claim to things reflecting credit on him, both when they do not belong to him at all and also in greater degree than that in which they really do: whereas the Reserved man, on the contrary, denies those which really belong to him or else depreciates them, while the mean character being a Plain-matter-of-fact person is Truthful in life and word, admitting the existence of what does really belong to him and making it neither greater nor less than the truth.
Ah, my friends, have nothing to do with horse-racing dissipations this summer. Long ago the English government got through looking to the turf for the dragoon and light-cavalry horse. They found the turf depreciates the stock, and it is yet worse for men.
Poverty was deemed no disgrace but manual labor was. Some one once ventured to tell a Spanish king that "not gold and silver but sweat is the most precious metal, a coin which is always current and never depreciates"; but it was a rare form of currency in the Spanish peninsula. After Philip II's death Spain sinks to the rank of a secondary European power.
There are teachers, clerks, doctors, journalists, and the like, in a most pitiable plight because they have not the means of forcing the community to pay them higher salaries as the crown depreciates. As for the condition of pensioned teachers and professors and officers, of the half-pay widows and the incapacitated of the war, it is a shame to all European ideals.
It was a valuable property fifty or sixty years ago, but the factories have crept nearer and nearer, and, of course, that depreciates values. It is let at present. I hope to save enough money to go back in time to end my days there. It's a fine old place, but its value is bound to go on dropping." "Couldn't you pull it down, and build small property on the site?
And while it is true that the increase of the best types of citizens can only enrich a State, it is now becoming intolerable that a nation should increase by the mere dumping down of procreative refuse in its midst. It is beginning to be realized that this process not only depreciates the quality of a people but imposes on a State an inordinate financial burden.
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