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Updated: May 23, 2025
"They are noticed, Pendennis, give me leave to say, by parties who don't value so much the literary or even the political part of the Pall Mall Gazette, though both, I am told by those who read them, are conducted with considerable consummate ability. John Ridley sent a hundred pounds over to his father, the other day, who funded it in his son's name.
It was dated ten years back, and was in the Squire's own hand, drawn up simply, but with perfect clearness. The division of fortune was as they all expected: a moderate funded sum to each of the daughters and to Nathanael; the estate, with all real and personal property, to go to the eldest son. There were a few small bequests to servants, and one gift of the late Mrs. Harper's jewels.
I call property funded good sense. I would give it every privilege. If we are to speak of patriotism, I say the possession of property guarantees it. I maintain that the lead of men of property is in most cases sure to be the safe one. 'I think so, Colonel Halkett interposed, and he spoke as a man of property. Mr. Tuckham grew fervent in his allusions to our wealth and our commerce.
I have served your house thirty years, and amassed the little I had to commence business with in your service. Moreover, when you so suddenly dismissed me, you not only gave me my salary as a pension, but you funded the annuity with a considerable sum, which makes me, through your house, independent in means." "You may thank my wife for that.
The Akin Free Library, consisting of about three thousand books, selected with uncommon wisdom by committees of ladies through about twenty-five years, was originally established by the ladies of the Hill, in the early eighties, through a popular fund. It has ever since been funded by the Akin Hall Association, who have also given it quarters, and care, in the Chapel known as Akin Hall.
During the war, money had been borrowed at as high a rate as thirty-six per cent., but at the conclusion of hostilities the States could borrow at six per cent., and the whole debt was funded on that basis. Taxation was enormously heavy, but patriotism caused it to be borne with cheerfulness, and productive industry made it comparatively light. Rents were charged twenty-five per cent.
In the world's scale, social position, influence, public power, the applause of majorities, heaps of funded gold, services rendered to creeds, codes, sects, parties, or federations they weigh weight; but in God's scale remember! on the day if hope, remember! your least service to Humanity outweighs them all." The events which I am about to relate took place between nine and ten years ago.
Although it was settled that the respective marriages should take place as soon as possible, the settlements necessarily occasioned delay. By the application of his funded property, and by a charge upon his Yorkshire estates, Mr. Temple paid off the mortgages on Armine, which, with a certain life-charge in his own favour, was settled in strict entail upon the issue of his daughter.
The balance on hand in the Treasury, March 31st, 1874. 764.57 That, under the head Finance, includes the interest on borrowed money. The funded national debt is $340,000. Of this sum a portion bears no stated interest, only such as may arise from the very dubious profits of the Hawaiian hotel. The interest charges are 12 per cent. on $25,000, and 9 per cent. on $272,000.
Ready money from those already in possession of perhaps half the arable land of England was an obvious source, and into their pockets flowed, as by the force of gravitation, the funded wealth which had once supported the old religion.
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