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Men who refused to pay enforced loans were thrown into jail and the writ of habeas corpus was denied them. Meanwhile the treatment of Puritans became more and more vexatious. It was clear enough that Charles meant to become an absolute monarch, like Louis XIII., but Parliament began by throwing all the blame upon the unpopular minister and seeking to impeach him.
The banks were refusing loans, the pawn-brokers had doubled their gang of helpers, people bumped your shins on the streets with red sleds, Thomas and Jeremiah bubbled before you on the bars while you waited on one foot, holly-wreaths of hospitality were hung in windows of the stores, they who had 'em were getting their furs.
The Governor-General, with his Council of State, should conclude nothing concerning the common affairs of the nation such as requests, loans, treaties of peace or declarations of war, alliances or confederacies with foreign nations without the consent of the states-general.
Yet Madame de Groot, before the final confiscation of her own and her husband's estates, had been able to effect considerable loans, both to carry on process against government for what the prisoners contended was an unjust confiscation, and for providing for the household on a decent scale and somewhat in accordance with the requirements of the prisoner's health.
Most of their holdings, as in the case of Cowperwood's, were hypothecated at the various banks for loans and these loans invested in other ways. It was not advisable or comfortable to have these loans called, though the condition of no one of the triumvirate was anything like as bad as that of Cowperwood.
Some of the small owners will sell outright. Furthermore, they are all frequently in need of money, especially during dry years when the crops are not good. By advancing loans judiciously, and taking land as security, title can often be acquired.… I daresay you are not wholly unfamiliar with the method. “This work, Mr. Delcasar, requires large capital, which I can command.
In 1893, the San Domingo Improvement Company, an American corporation, under contract with the government took charge of the customs collections for the purpose of providing for the services of the loans.
It was with this view that he secured the dispatch of Laurens, whom he carefully instructed, to get money in Paris; for he was satisfied that it was only possible to tide over the financial difficulties by foreign loans from those interested in our success.
Mr Bonar Law, in a recent interview in the Observer, stated that we had sent back to the United States practically the whole of our holdings of American securities to be sold or pledged as collateral for loans, and that the value of them was three billion dollars £600 millions sterling.
The new French loan just explained is not redeemable or convertible before 1931. Usually there is no limit to these National French loans. To be in France during the war and see the popular response to the appeal for funds is to have a thrilling experience in the practical side of patriotism. I chanced to be in Paris when one of these loans was launched.
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