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Updated: June 24, 2025
Getting control of the budget requires also that State and local governments and interested groups of citizens restrain themselves in their demands upon the Congress that the Federal Treasury spend more and more money for all types of projects. A balanced budget is an essential first measure in checking further depreciation in the buying power of the dollar.
I know that the issue of bank paper may become excessive; that depreciation will then follow; and that the evils, the losses, and the frauds consequent on a disordered currency fall on the rich and the poor together, but with especial weight of ruin on the poor.
But it is time to protest against such needless depreciation! In spite of abrasion, in spite of the loss of glow, in spite of much that disfigures, nay disguises, the master's own touch, I feel confident that Giorgione and no other produced this beautiful picture. Surely if this be only school work, we are vainly seeking a mythical master, an ideal who never could have existed.
Let us take the Greek oratory, for example: What section of the Greek literature is more fanatically exalted, and studiously in depreciation of our own? Let us judge of the sincerity at the base of these hollow affectations, by the downright facts and the producible records.
She felt, with no little soreness, that the rector was not with her in her depreciation of Wingfold. She did her best to play the hostess, but the rector, while enjoying his dinner despite discomfort in the inward parts, was in a mood of silence altogether new both to himself and his companions. Mrs. Bevis, however, talked away in a soft, continuous murmur.
The Bedouins, however, refuse to take the Egyptian piastres, even at a depreciation, and will receive nothing but dollars; a determination to which the Pasha himself has been frequently obliged to yield. Forty paras make a piastre; but in the time of the Hadj, when small change is necessary for the immense daily traffic of the pilgrims, the serafs gave twenty-five paras only in
In this intercourse men who do not read the papers get an inkling of the news of the day, those who have no books come into contact with other minds, opinions are aired, the human craving for fun gets a little exercise; and for topics of talk, instead of those which occupy moneyed people, who know about the theatre or the Church, or foreign travel, or golf, or the state of the poor, or the depreciation of Consols, the labourers have their gardens, and the harvest, and the horses they drive.
The theory underlying these laws was that accidents were like wear and tear and should be made a charge on the industry, like the depreciation of buildings and machinery. The United States, however, lagged behind all other industrial nations, despite the astonishing number of accidents which yearly occurred.
The eye of prudence may never shut. Iron, if kept at the ironmonger's, will rust; beer, if not brewed in the right state of the atmosphere, will sour; timber of ships will rot at sea, or if laid up high and dry, will strain, warp and dry-rot. Money, if kept by us, yields no rent and is liable to loss; if invested, is liable to depreciation of the particular kind of stock.
Nor do I think that such a method would be in any sense a depreciation of the royal dignity; for, as a matter of fact, it would put the King upon the same platform with the gods. The saints, the most exalted of human figures, were also the most local. It was exactly the men whom we most easily connected with heaven whom we also most easily connected with earth.
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