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Updated: June 20, 2025


Panics are grist to them; so are wars; but they do their duty in warning the taxpayer and rousing Parliament. Dr. Schlesien's right: we go on believing that our God Neptune will do everything for us, and won't see that Steam has paralyzed his Trident: good! You and Colney are hard on Schlesien or at him, I should say.

The lady will be remanded, and you and I shall be laughed at for our pains." This writ of habeas corpus "ad subjiciendum," I had better explain to the non-professional reader, is the great prerogative writ, the operation of which is sometimes suspended by the legislature during political panics.

It paid out all money owed by the Government and received and receipted for all taxes due, and accepted all deposits from one dollar upwards, and issued all banknotes and bills of exchange, and in consequence there were no panics and no necessity of issuing clearing-house certificates.

'Do not imagine that his persuasions undermined your Tony. I am subject to panics. 'Was it your husband? 'I had a visit from Lady Wathin. She knows him. She came as peacemaker. She managed to hint at his authority. Then came a letter from him of supplication, interpenetrated with the hint: a suffused atmosphere. Upon that; unexpected by me, my let me call him so once, forgive me! lover came.

When wages are comparatively high and work is steady fewer men enter the extra-hazardous occupation of crime. Strikes, lockouts, panics and the like always leave their list of unfortunates in the prisons. Every lawyer engaged in criminal practice has noticed the large numbers of prosecutions and convictions for all sorts of offences that follow in the wake of strikes and lockouts.

He is worse in this respect than a New England manufacturer, or an old maid on her travels. He is given to sudden fears and causeless panics.

Similar panics, or repulses almost equally discreditable, occurred whenever Rochambeau, or Luckner, or La Fayette, the earliest French generals in the war, brought their troops into the presence of the enemy.

It did not prevent him from taking the keenest interest in his family, devoting his mind to business and the purchase of property, carrying on the Herculean labour of building the mother-church of Latin Christendom. He was subject, all through his career, to sudden panics, and suffered from a constitutional dread of assassination.

This new demand for capital made necessary a new system of credits, which was erected at first, as the recurring panics disclosed, on sand, but gradually, through costly experience, on a more stable foundation. The economic and industrial development of the time demanded not only new money and credit but new men. A new type of executive was wanted, and he soon appeared to satisfy the need.

THE first few weeks were hard ones, for Polly had not yet outgrown her natural shyness and going among so many strangers caused her frequent panics. But her purpose gave her courage, and when the ice was once broken, her little pupils quickly learned to love her.

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