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Updated: May 11, 2025
We now come to the assertion that if the United States takes to itself interests beyond the sea of which Hawaii is an instance it not only adds to its liabilities, which is true, but incurs an unnecessary exposure, to guard against which we need no less than the greatest navy in the world.
But ere long he was besieged by interviewers. Reporters, anxious to give the full benefit of the sad disaster to the clamoring public, who must know to a farthing the amount of the liabilities, and, of course, the assets. But before "morning wore into evening" Mr. Verne had the comforting assurance of a sympathetic heart. Mrs.
An offer was recently made to the Government to consolidate this and other liabilities, but the National Bank, which is another concession, has the monopoly of all State loan business, and this circumstance effectually disposed of the proposal. At 3 per cent. a saving of £160,000 per annum would be made in this monopoly in interest alone.
In spite of the evident charitableness of this Christian design, and the irrefragable calculations upon which it was based, this company died a victim to the ignorance and unthankfulness of our fellow- creatures; and all that remained of Jack's L6,000, was a fifty-fourth share in a small steam-engine, a large assortment of ready-made pantaloons, and the liabilities of the directors.
If he still retained any remembrance of the ancient friendship between himself and the heretic republic, it was not likely to exhibit itself, notwithstanding his promises and his pecuniary liabilities to her, in anything more solid than words.
A few days later Manucci set out for Naples, after giving a hundred louis to Medini's mistress, who used to sup with him; but this windfall did not save Medini from being imprisoned for debt, his liabilities amounting to more than a thousand crowns.
He told her what he had learned in the City, that Broughton's property had never been great, and that his personal liabilities at the time of his death were supposed to be small. But he had fallen lately altogether into the hands of Musselboro, who, though penniless himself in the way of capital, was backed by the money of Mrs Van Siever.
Upon a full investigation of the state of affairs, it was found that the total amount of liabilities amounted to the large sum of £1,007,000, and that the assets consisted chiefly of landed and mining properties of a very speculative nature. There was also a very large amount of overdrawn balances due from customers.
It is not to be pretended that such ignorance, and such liabilities to mischief, exist only in particular spots of the land, as if the local outbreaks were merely incidental and insulated facts, standing out of community with anything widely pervading the mass.
If he had been content with his bank his bank within wise and proper limits the money of the realm might have been doubled, and an extreme facility afforded to commerce and to private enterprise, because, the establishment always being prepared to meet its liabilities, the notes it issued would have been as good as ready money, and sometimes even preferable, on account of the facility of transport.
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