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Updated: June 27, 2025
In order to meet extraordinary expenses they raised new public loans, thereby depreciating the value of the old Florentine funds. "What was worse, they imposed forced subsidies with grievous inequality upon the burghers, passing over their friends and adherents, and burdening their opponents with more than could be borne. This imprudent financial policy began the ruin of the Albizzi.
Such was the impression made by Carey on John Newton that, in 1802, he rebuked his old curate, Claudius Buchanan, for depreciating the Serampore missionaries, adding, "I do not look for miracles, but if God were to work one in our day, I should not wonder if it were in favour of Dr. Carey."
Granvella understood the difficult and useful art of depreciating his own talents; of making his own genius the seeming slave of another; thus he ruled while he concealed his sway. In this manner only could Philip II. be governed.
It is true that the difficulties of obtaining provisions were in some ways greater than they had been before; for the Continental money, with which all supplies were paid for, was depreciating so rapidly that now thirty or forty dollars of it were barely equal to one silver dollar, and the country people very much disliked to take it.
It had "paid appraisers for depreciating whatever was put up for sale, and false names for concealing real purchasers; "a person not of their clique, was excluded from the auction-room; if he persisted in coming in they would, at one time, put him under contribution for the privilege of bidding," and, at another time, make him promise not to bid above the price fixed by the league, while, to acquire the domain, they paid him a bonus.
By this may be seen how greatly christianity suffers by the unhappy divisions among the professors of it: much it is to be wished, though little to be hoped, that both sides would be prevailed upon to recede a little from their present stiffness in opinion, or be at least less virulent in maintaining it; since each, by endeavouring to expose and confute what they look upon as an absurdity in the other, join in contributing to render the truth of the whole suspected, and not only give a handle to the avowed enemies, of depreciating and ridiculing all the sacred mysteries of religion, but also stagger the faith of a great many well-meaning people, and afford but a too plausible pretence for that sceptism which goes by the name of free-thinking, and is of late so much the fashion.
I cannot imagine how we ever could have been so blind as to call you the fool of the family." To this I made no reply, for it was difficult so to do without depreciating others or depreciating myself; but I changed the subject by commenting on the beauties of the park, and the splendid timber with which it was adorned.
The mulberry tree, which, from its rapid growth, would be invaluable to silk growers, is covered with a black and white blight. Sheep are at present successful, but in some localities the spread of a pestilent "oat-burr" is depreciating the value of their wool.
Hinduism is a strong fortress, and those who assail it by hurling at it if I may so speak the red-hot shot of exposure of its errors, and the fire of the truth as it is in Jesus, act very unwisely in depreciating those who are quietly preparing the ammunition required for carrying on the siege, or are undermining the foundations, and thus preparing for entering the breach.
Consequently when he jumped to the conclusion that Fanny Glen preferred Lacy, he fell into further error, and made the frightful mistake of depreciating his rival. Assuming with masculine inconsistency that the half acceptance she had given him entitled him to decide her future, he actually referred to Lacy's well-known habits and bade her have nothing to do with him.
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