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Updated: May 13, 2025
The difference is that the former profit is crowded into the years when prices are actually on the increase, and thus is very noticeable indeed; while the latter profit continues to accrue in smaller instalments after prices have settled down, as it were, at the higher level, and is not exhausted until the buildings and machinery have become obsolete.
I knew very well what the skip was at." "Scamp, ma'am, and you will oblige me." "It wasn't a cut did it, Mrs. Mulroony; it fell off naturally, and by instalments or rather it was a cut, and that was what made you feel it; that youthful old gentleman, Time, gave it a touch with a certain scythe he carries. No such croppy as old Time, Mrs. Mulroony."
No. It merely follows that reform in domestic government must go on, pari passu, with other reforms. It merely follows that methods of discipline neither can be nor should be ameliorated, except by instalments.
Hamilton recommended that a number of subscribers should be incorporated into a bank, to be known as the Bank of the United States; the capital to be ten million dollars; the number of shares twenty-five thousand; the par value of each share four hundred dollars; the Government to become a subscriber to the amount of two millions, and to require in return a loan of an equal sum, payable in ten yearly instalments of two hundred thousand dollars each.
This difference between the two estates of slavery is evident also from the fact, that, while, in the one case, the law would admit of no emancipation, in the other, the emancipation was effected legally, either in the lump, as in New England, or by instalments, as in Athens; and in the latter State we must remember that the process was rendered the more easy and natural by the fact that the slaves were, in the first instance, generally prisoners taken in war, and not unfrequently stood upon the same social level, before their capture, with their captors, while in Sparta the slaves were taken as a subject race, and held as inferiors.
It was never even known just how much money was stolen from the bank. Some people said ten thousand dollars, others more. The bank, no doubt for business motives, claimed that the contents of the safe were intact and that the robber had been foiled in his design. But none of this matters to the exaltation of Mr. Pupkin. Good fortune, like bad, never comes in small instalments.
That night Hilda, in her small bedroom at the top of the house, was listlessly arranging, at the back of the dressing-table, the few volumes which had clung to her, or to which she had clung, throughout the convulsive disturbances following her mother's death. George Cannon had lent her the latter in instalments, and she had omitted to return it.
He was seriously injured, but was stated in a London paper of August 21 to be out of danger. Nor is it known when he returned; we have no further news of him until in January he began work on Jephtha. Morell says that he himself wrote Jephtha in 1751, but, as Handel had completed the first act on February 2, it is probable that Morell, like Jennens, supplied him with the words in instalments.
'No doubt, said the latter, 'it's my story in The English Girl that inclines you to think me a goody-goody sort of young woman. 'So far from that, Miss Dora, I was only waiting for an opportunity to tell you how exceedingly delighted I have been with the last two weeks' instalments. In all seriousness, I consider that story of yours the best thing of the kind that ever came under my notice.
That, with a like object, we also recommend that tenants, with the consent of their landlords, should have power to apply for public loans in the same manner as the proprietor himself, and to charge the lands improved with the repayment of the money advanced the tenant rendering himself responsible for the annual instalments that shall accrue due during the period of his occupation; and that in order to encourage the investment of the tenant's own capital upon his land, his right to compensation for permanent improvements, in case of his removal, should be recognised by law.
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