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Updated: May 14, 2025


Nobody wants to penalise or to stigmatise income derived from dividends, rent, or interest; for accumulated capital, apart from monopoly, represents the exercise of thrift and prudence, qualities which are only less valuable to the community than actual service and labour. But the great difference between the two classes of income remains.

If, therefore, we penalise the Rentier too severely we shall discourage his future creation; the present race of earners, if they see that those who are living on past savings are shorn too close will be deterred from saving, will put their surplus earnings into extravagant spending instead of into plant and equipment, and the economic future of the nation, and of the world, will be pro tanto less hopeful.

Nor, again, must there be any deliberate attempt to penalise political opponents, or to make use of taxation in order to avenge class-oppression. Were this to be done, the citizens so acting would be bound to make restitution to the persons whom they had thus injured. Then St. Antonino takes the case of those who make a false declaration of their income.

"And so am I!" I cried with enthusiasm. "Hurray! You shall eat Poopendyke's breakfast, just to penalise him for failing in his duties as host during my unavoidable " "Quite impossible," she said. "He has already eaten it." "He has?" "At half-past six, I believe.

You will never find expert players, who appreciate what I may call the geometry of the court, penalise themselves in this manner. Yet the habit, for some reason or other, would appear to be on the increase. Low Volleys. For these strokes the head of your racket should be above your wrist, your elbow low down, and your knees slightly bent.

Get up, or I'll penalise you," says the referee. Everyone knows he will keep his word. There is a movement on the part of McGill to rise. Campbell seizes the opportunity, lowers his head, and with a yell drops the ball in front of Shock.

The expedients often advocated to encourage denser population which those who urge them thoughtlessly assume to be a good thing such as endowment of parenthood, and better housing at the expense of the taxpayer have no effect except to penalise and sterilise those who pay the doles, for the benefit of those who receive them.

"The banker, who is not in business for his health, may be expected, on this side of his enterprise, to pursue the policy of 'charging all that the traffic will bear. It would probably pay the banker actually to refuse small accounts, and to penalise the employment of cheques for small sums. This would be a social loss."

Players from London brought some added amusement in the summer, but as Stratford grew more and more puritanical, a very deliberate effort, already referred to in the preceding chapter, was made to penalise actors, and some years after Shakespeare's death it is recorded that the king's players were bribed by the corporation to leave the town without giving any performances.

He looks clever." "That's his position, Andy, but the kid can't tackle. I'll give him a try, though. That's rotten, third! Blaisdell, where were you then? For the love of mud, man, watch the ball! Five yards right through you! Now get back there and stop them!" "Second down, five to go," called Lawrence. "You left end on the second, you were off-side then. Next time I'll penalise you.

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