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Updated: June 22, 2025
And is not this feeling accompanied by the secret conviction that until the debt has been liquidated, to the best of the debtor's ability, justice will not have been done? The sense of duty is, I think, a derivative sense, an offshoot from the more primitive sense of justice, a sense so primitive that it may almost be said to have made possible our social life.
In this way at least the technical part of the task would have been tackled on right lines, the war would have been liquidated and normal relations quickly re-established among the belligerent states. It may be objected that this would have been a meager contribution to the new politico-social fabric. Undoubtedly it would, but, however meager, it would have been a positive gain.
She had been seized suddenly; it was an attack of general paralysis, and as her debts were enormous, when her estate had been liquidated, she would have to end her days at La Salpêtrière. "No, certainly not!" François Guerland, the painter, said to himself, when he read the notice of it in the papers. "No, the great Fanny shall certainly not end like that."
When these and other necessary expenses are liquidated, there will be but little left. He made no secret of the fact that he lived close up to his means. That is why he was induced to take on a life insurance. Not a friend of his but knows his improvidence. I I have not even jewels. I have only my determination and an absolute conviction as to the real nature of my husband's death."
Thus the principal of your debts, at a careful computation, should be liquidated in seven years. In consideration of thus shortening the period of the loans by three years the Calford Trust Co. shall allow you a rebate of five per cent, interest. Failing the profits in seven years amounting to the sums of money required, the Calford Trust Co. and myself will forego the balance due to us.
But now the war debt had been liquidated the United States treasury was overflowing with surplus treasure Indian tribes were being removed by the purchase of their lands in the northwest, and a tide of population pouring in upon these lands, and threatening a powerful political preponderance in opposition to Southern policy and Southern interests.
In 1864 the whole land was in the full sweep of industrial prosperity. The debts incident to the panic of 1857 were fully liquidated. Iron is the barometer, and the country doubled its consumption of iron. An editor writing of his city says, "Old Hartford seems fat and rich and cozy, and everything is as tranquil as if there were no war."
It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.
But soon there are extra expenses to be liquidated; a long illness in his family brings him in debt to the doctor; or his neighbour has injured him, and he has, thereupon, further injured himself by going to law and avenging the wrong.
Within six months his father also died, leaving his affairs in a most confused state. Philippe renounced the brilliant career as an engineer already chalked out before him, and that his sister might not be dowerless, became a manufacturer. In seven years he had liquidated the paternal inheritance; his property was really his own, and he felt capable of greatly extending his enterprises.
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