But I ask of you, madam, who, secured from the effects of Captain Rothesay's insolvency, have, I understand, been left in comfort, if not affluence I ask, is it right, in honour and in honesty, that I, a clergyman with a small stipend, should suffer the penalty of a deed wherein, with all charity to the dead, I cannot but think I was grievously injured?
Temporary enactments, to relieve the insolvency of particular provinces, had been issued on several occasions in recent times. Caesar himself had in 694 when governor of Further Spain assigned to the creditors two thirds of the income of their debtors in order to pay themselves from that source.
The food and transportation situations were becoming more and more disorganized. Local clashes were growing more frequent. The "Socialistic" ministers were exhorting the masses to be patient. All decisions and measures, including the calling of the Constituent Assembly, were being postponed. The insolvency and the instability of the coalition regime were obvious.
The sad state to which the interior of the kingdom was reduced, the multitude of merchants who could not or would not pay, the quantity of unsold or unsellable effects, the fear of interrupting all commerce, obliged the government in 1715, 1716, 1718, 1721, 1722, and 1726 to suspend all proceedings against all those who were in a state of insolvency.
Being discharged by the Act of Insolvency, and having not wherewith to sustain himself, he broke one night into a little chandler's shop, where he used now and then to get a halfpenny-worth of that destructive liquor gin; and there took a tub with two pounds of butter, and a pound of pepper in it.
It was at this point, according to Valori, that the King burst forth into audible ejaculations of a lamentable nature. There is no getting over, then, even to Brandenburg, and in an insolvent condition. Not open insolvency and bankrupt disgrace; no, ruin, and an Austrian jail, is the one outlook.
His proclamations, following the old traditions of the popular party, demanded liberation from the oppressive load of debt and a modification of the procedure in insolvency, which, if the amount of the debt actually exceeded the estate, certainly still involved in law the forfeiture of the debtor's freedom.
We cannot touch it; there it stands irrevocable, with this solemn sentence written over the black pile, 'Every transgression and disobedience shall receive its just recompense of reward. We have nothing to pay. But my text suggests, further, that a condition precedent to forgiveness is the recognition by us of our penniless insolvency.
There have been a lot of defaulters this year, and even admitting that the place is rich, there is a good deal more insolvency about than I like or than the directors care for. It keeps me grinding and grinding, and wears the nerves." "By George," said Hartley, "I should have said that my own job was about the most nerve-tattering of any.
This might have been gradually saved and the interest meantime given regularly, if he had been willing to live well within his income. With his system of spending not only what he earned but hoped to earn each year, perpetual insolvency was inevitable. At Les Jardies he had small creditors as well as great, fear of whom haunted him to the extent of curtailing his walks abroad.