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And after sundry notable and shrewd remarks, tending to show where elements for war were already ripening, amidst clashing opinions and disorganized states, he wound up with saying: "So that, all things considered, I think we had better just keep up enough of the bellicose spirit not to think it a sin if we are called upon to fight for our pestles and mortars, our three- percents, goods, chattels, and liberties.
"Yes, sir." "Also, the interest of all my money in the three percents, reduced, and in the long annuities, and the balance in my agent's hands, for her natural life. At her death to be divided into equal portions between my two children, William Mohamed Potemkin Kearney, and Caroline Anastasia Kearney. Is that down?" "Yes, sir." "Well, then, Peter, now for my real property. Is that down?"
The law of March 14, 1900, provided for refunding into 2 per cent thirty-year bonds, payable, principal and interest, in gold coin of the present standard value, that portion of the public debt represented by the 3 per cent bonds of 1908, the 4 percents Of 1907, and the 5 percents of 1904, Of which there was outstanding at the date of said law $839,149,930, The holders of the old bonds presented them for exchange between March 14 and November 30 to the amount of $364,943,750.
I'll admit, for the sake of argument, that just now there's a pause. But nobody can tell whether it will turn up or down yet. Now's the time to be conservative, to play it cautious." "If I was conservative and cautious," answered Jadwin, "I wouldn't be in this game at all. I'd be buying U.S. four percents. That's the big mistake so many of these fellows down here make.
You must have enjoyed the daisy chains my pupils used to weave for you in the spring. Now they will learn the use of figures and percents, and the names of cities I have forgot. I will never hear again the voices of children at the playhour come tumbling in through the school windows. For at my age one does not begin to teach again. But it is ridiculous to say that I am an old man."
"Something even more dangerous!" said I, thrusting it into my pocket. "Much more dangerous! Possibly you will believe that I am ungracious rather odd as it were not to mention its name." He shook his head. The mask of the polite student of percents had returned; he became formally polite. "Not at all," he answered, adjusting his black tie. "I had rather hoped you would stay to see my daughter."
Bill got a paper an' figured out what he called percents, showin' how an outsider was bound to lose to the game in the end; but most o' the fellers there had been up against Dick's game an' they took sides against Bill, tryin' to prove that they stood a show to win, until finally Bill give it up an' we started back home. When we started home, Bill was still discoursin' about us Westerners.
The law of March 14, 1900, provided for refunding into 2 per cent thirty-year bonds, payable, principal and interest, in gold coin of the present standard value, that portion of the public debt represented by the 3 per cent bonds of 1908, the 4 percents Of 1907, and the 5 percents of 1904, Of which there was outstanding at the date of said law $839,149,930, The holders of the old bonds presented them for exchange between March 14 and November 30 to the amount of $364,943,750.
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