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Updated: May 26, 2025
Shut him up in a counting-room, barricade him with bales of merchandise, and limit his library to the ledger and cash-book and his prospect to the neighboring signs; talk "Bills receivable" and "Sundries Dr. to cash" to him forever, and you are only a very amusing or very annoying phantom to him.
After defraying the current expenses of the Government, including the interest and reimbursement of the public debt payable to that period, amounting to $18,200,000, there remained in the Treasury on that day more than $2,500,000, which, with the sums receivable during the remainder of the year, will exceed the current demands upon the Treasury for the same period.
Our circulation now embraces, first, notes of the national banks, which are made receivable for all dues to the Government, excluding imposts, and by all its creditors, excepting in payment of interest upon its bonds and the securities themselves; second, legal tender, issued by the United States, and which the law requires shall be received as well in payment of all debts between citizens as of all Government dues, excepting imposts; and, third, gold and silver coin.
A Receiver was immediately appointed, and the assets examined. These consisted, mainly, of bills receivable under discount, not probably worth now ten cents on the dollar. Three-fourths of this paper was drawn or endorsed by New York firms or individuals, most of whom had already failed.
"She sings it, she sings it," he cried, and with a last laugh turned and fairly ran away down the street, like a mischievous boy who has thrown his squib and flies from the scene in mirthful fear. When Fortune jested she found in him quickwitted loving audience. Princess Heinrich held a reception of all sorts and conditions of those in Forstadt who were receivable.
The amount of duties secured on merchandise imported from the commencement of the year till September 30 is estimated at $21,250,000, and the amount that will probably accrue during the present quarter is estimated at $4,250,000, making for the whole year $25,500,000, from which the drawbacks being deducted will leave a clear revenue from the customs receivable in the year 1827 of about $20,400,000, which, with the sums to be received from the proceeds of public lands, the bank dividends, and other incidental receipts, will form an aggregate of about $23,000,000, a sum falling short of the whole expenses of the present year little more than the portion of those expenditures applied to the discharge of the public debt beyond the annual appropriation of $10,000,000 by the act of the 3d March, 1817.
It was proposed to make them receivable everywhere and to establish at various points depositories of gold and silver to be held in trust for the redemption of such notes, so as to insure their convertibility into specie.
To be recognized far and wide as a great poet, to be possible and receivable as a classic, Wordsworth needs to be relieved of a great deal of the poetical baggage which now encumbers him. To administer this relief is indispensable, unless he is to continue to be a poet for the few only, a poet valued far below his real worth by the world. There is another thing.
"I have been a personal witness to a case in which a native was most undeservedly punished, from the circumstance of the natives, who were the only persons who could speak as to certain exculpatory facts, not being permitted to give their evidence." Under the law lately passed in South Australia, the evidence of natives would be receivable in a case of this kind, in palliation of the offence.
On looking over our bills receivable, then about six hundred thousand dollars, I found Meiggs, as principal or indorser, owed us about eighty thousand dollars all, however, secured by city warrants; still, he kept bank accounts elsewhere, and was generally a borrower.
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