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Updated: May 11, 2025
I can conceive of no better service in the United States, henceforth, by democrats of thorough and heart-felt faith, than boldly exposing the weakness, liabilities and infinite corruptions of democracy.
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.
The entire cost of the church, parsonage house, &c., has been about 10,000 pounds; and not more than 50 pounds will be required to clear off all the liabilities thus far incurred. The incumbent of St. Saviour's is plain, unpoetical, strong-looking, and practical. He was reared under the shadow of Ingleborough. We have known him for 30 years.
It partakes of the nature of what lawyers call a bilateral contract, imposing duties and obligations on both sides, and these liabilities can only be removed as in the case of the Disestablished Irish Church by the consent of both the contracting parties to the treaty.
He had some heavy liabilities, but at considerable loss had collected the necessary sums, which were placed in the hands of his bankers to meet them. The morning of the very day on which the money was to be paid, his bankers failed, and he was in consequence compelled to stop payment.
What would become of society, if it had to discharge these liabilities and settle all these bankruptcies? What, in turn, would become of the responsibility and dignity of the laborer, if, secured by the social guarantee, he could, without personal risk, abandon himself to all the caprices of a delirious imagination and trifle at every moment with the existence of humanity?
When a man invests money in a business in the management of which he takes no active part, he is said to be a "silent partner." Such a partner has a share in the gains and he is responsible as the others for the firm's liabilities. Again, a man may not give money or time to a firm, but is willing, for business reasons, that his name shall appear as if he were in the association.
In reality the business was entirely his; and he found it an inheritance of sorrows. He tried to sell it, and the offers he received were quite derisory. He tried to extend it, and it was only the liabilities he succeeded in extending; to restrict it, and it was only the profits he managed to restrict.
Finally, he discharges him and his heirs from all liabilities, pecuniary or other, to which he may appear exposed by the unfulfilled contracts. While thus engaged upon his fresco, Michelangelo received a letter, dated Venice, September 15, 1537, from that rogue of genius, Pietro Aretino.
His marriage with Leonora had been arranged by his parents and, though he always admired her immensely, he had hardly ever pretended to be much more than tender to her, though he desperately needed her moral support, too.... But his really trying liabilities were mostly in the nature of generosities proper to his station.
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