Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 28, 2025
In order to make up for this continuous deprivation of taxes, the city proceeds time and time again to increase taxes and put out interest-bearing bond issues. These increased taxes, as in the case of all other taxes, fall upon the workers and the results are seen in constantly rising rents and in higher prices for all necessities.
The total interest-bearing debt is $963,777,770, of which $134,631,980 constitute the Panama Canal loan. The noninterest-bearing debt is $378,301,284.90, including $346,681,016 of greenbacks.
He proposed, in a letter to one of his colleagues, that the demand for army supplies should be duly apportioned among the people, their collection rigorously enforced, and payment made in interest-bearing certificates, not transferable, but to be redeemed at a specified time after the war was over.
There were always incentives for some of the bolder spirits, whose love of adventure or love of gain impelled them, to visit the battlefield before the burial detail had reached it, as many crisp five-dollar greenbacks or even hundred-dollar interest-bearing United States bonds could be found in the pockets of the fallen Federal either as a part of his wages or the proceeds of his bounty.
"You're just the one with your interest-bearing mind to keep us off the shoals of business trouble." "Yes, I suppose I can do that, while you and your father go on inventing giant cannons, great searchlights, submarines, and airships," conceded Ned. "But this, to me, did look like an easy way of making money." "How's that, Ned?" asked Tom, a new note coming into his voice.
In short, during the seven years and three months there has been a net surplus of nearly one hundred millions of receipts over expenditures, a reduction of the interest-bearing debt by ninety millions, in spite of the extraordinary expense of the Panama Canal, and a saving of nearly nine millions on the annual interest charge.
Surely it should not pay them out again except on demand and for gold. If they are put out in any other way, they may return again, to be followed by another bond issue to redeem them another interest-bearing debt to redeem a non-interest-bearing debt.
In addition to the amount subject to payment and cancellation prior to November 1, there were also paid before that day certain of these bonds, with the interest thereon, amounting to $5,072,350, which were anticipated as to their maturity, of which $2,664,850 had not been called, Thus $107,341,800 had been actually applied prior to the 1st of November, 1886, to the extinguishment of our bonded and interest-bearing debt, leaving on that day still outstanding the sum of $1,153,443,112.
There was nothing new in this declaration of hostility to bank issues and interest-bearing bonds, nor in this demand for government paper money, for these prejudices and this predilection had given rise to the "Ohio idea," by force of which George H. Pendleton had hoped to achieve the presidency in 1868.
Wermuth, said by impartial judges to be the ablest secretary of the treasury the German Empire has had in a quarter of a century, resigned in 1912, on the general ground that he would not be responsible for the finances of the empire, if it was proposed to continue the constant increase of national expenditure, by a constant increase of borrowing, and an ever-increasing amount of interest-bearing liabilities.
Word Of The Day
Others Looking