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Updated: May 11, 2025
"Maybe you're just as well off, Max," Abe said consolingly. "Children is a gamble anyhow, Max. The boys is assets and the girls is liabilities; and if you got a large family of girls you're practically bankrupt, no matter how good business would be." "Don't you believe it, Abe," Max said. "Those two yokels both had big families and they didn't do such a big business either.
Draper," she said, "that my young gentleman has sown wild oats enough; and when he comes out of prison I should like him to come out clear, and without any liabilities at all. You are not aware of all his." "No gentleman ever does tell all his debts, madam," says Mr. Draper; "no one I ever had to deal with."
It will not be much easier to arrive at an agreed figure before the end of 1919 that it was at the time of the Conference; and it will not help Germany's financial position to know for certain that she is liable for the huge sum which on any computation the Treaty liabilities must amount to.
At the same time, notwithstanding these general professions of benevolence towards the nobles, he represented them as broken spendthrifts, wishing to create general confusion in order to escape from personal liabilities; as conspirators who had placed themselves within the reach of the attorney-general; as ambitious malcontents who were disposed to overthrow the royal authority, and to substitute an aristocratic republic upon its ruins.
Ernest did as he had done at school he spent what he could, soon after he received his money; he then incurred a few modest liabilities, and then lived penuriously till next term, when he would immediately pay his debts, and start new ones to much the same extent as those which he had just got rid of.
The danger that it will be called for is much less; and therefore the security taken against it may be much less too. Unless the quality of the liabilities is considered as well as their quantity, the due provision for their payment cannot be determined. These are general truths as to all banks, and they have a very particular application to the Bank of England.
When Clare found he could get no payment from the proprietors of the splendid morocco-bound volumes, he complained to Mr. Taylor. The busy publisher was vexed at this, as naturally he might be. He answered that he did not, and could not, hold himself responsible for the liabilities of others, and that it was unfair; after having tendered some general advice, to burthen him with the consequences.
It was seen that by fixing the nominal capital very high, and calling up only a small portion of its amount, there would always be so large a margin of uncalled capital, that the periodical publication of assets and liabilities could alarm no one. Taking this view, and seeing the probability of a successful career for a new banking institution, a few far-seeing men notably the late Messrs.
There never was a more aristocratic poet apparently, and though the very basest form of outcast misery 'that ever penury in contempt of man brought near to beast, though the basest and most ignoble and pitiful human liabilities, are every where included in his plan; he will have nothing but the rich blood of dukes and kings to take him through with it he will have nothing lower and less illustrious than these to play his parts for him.
Loring, I must dissolve that partnership." The young lawyer shook his head. "No way to do it so long as the books remain lost. Unless one of you buys outright the practically defunct Gamble-Collaton Irrigation Company and assumes all its liabilities, you will remain responsible, since Collaton possesses no visible property. I'm sure that he stung you, Johnny." "Stung me! I'm swelled up yet."
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