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"We should have a library for the special purpose." "Is that a useful sort of book, Dan?" asked Mr. Laurie, pointing to the volume that lay open by the cabinet. "Oh, yes! it tells all I want to know about insects. I had it here to see how to fix the butterflies right. I covered it, so it is not hurt;" and Dan caught it up, fearing the lender might think him careless.
The lender hadn't the money ready, you never received it, that is sufficient to set aside the agreement." "My ball my cross two hundred thousand francs in paper on the market, no money in hand! The Ragons, Pillerault, and my wife, who saw true "
Great was the wrath of the Spaniard when Michel told him this, nor was it lessened when the hunter bade him have no fear that he might be obliged to repudiate part of the interest, but that every livre of the principal would be forthcoming, if only a little time were allowed. The money lender walked away with clenched fists, muttering to himself, and Michel lit his pipe again.
The lender considers that the bill-brokerno matter whether an individual, a company, or a firmhas considerable wealth, and he takes the 'bills, relying that the broker would not venture that wealth by guaranteeing them unless he thought them good.
"And did interest represent any economic service to the community on the part of the interest taker in lending his money?" "None whatever. On the contrary, it was by the very nature of the transaction, a waiver on the part of the lender of the power of action in favor of the borrower. It was a price charged for letting some one else do what the lender might have done but chose not to.
Suppose I borrow three four five hundred pounds; why, I can afford to make over stock or receipts anything in that way to the lender. Four per cent, that's what I offer, if it's a simple loan. 'You would keep the man what's his name? 'Hobcraft. Decidedly. Couldn't do without him. He has been having thirty-five shillings a week. Harvey rose, and led the way to the smoking-room.
This reply converted the looks of the inquirer into a stare of infinite solidity, accompanied with the word Anan! which he pronounced in a tone of fear and astonishment. The other, alarmed at this note, cast his eyes towards the supposed lender, and was in a moment infected by his aspect.
It was the anxious desire of the Executive that in the effort to negotiate the loan abroad the American negotiator might be able to point the money lender to the fund mortgaged for the redemption of the principal and interest of any loan he might contract, and thereby vindicate the Government from all suspicion of bad faith or inability to meet its engagements.
Nine-tenths of Manila, and all important provincial real estate, is mortgaged. Capital is furnished at exorbitant rates of interest, and usury prevails. In the country, no security is accepted save real property, and then only when the lender is satisfied that his debtor will be unable to pay, and that the security will pass. Bad as the outlook is, no remedy suggests itself.
"Such deeds make mention that payment has been made, and notaries are obliged to declare that they have seen the money passed from the lender to the borrower. Roguin would be sent to the galleys if the law could get hold of him.
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