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Updated: May 28, 2025
A MAN who has stolen, has nothing more urgent and imperative to perform, on this side of eternity, than the duty of refunding the money or goods unjustly acquired, or the value thereof.
The best mode suggested is that the Department be authorized to issue certificates of deposit, of the denomination of $10, bearing interest at the rate of 3.65 per cent per annum and convertible at any time within one year after their issue into the 4 per cent bonds authorized by the refunding act, and to be issued only in exchange for United States notes sent to the Treasury by mail or otherwise.
My own view, since more than justified, was that only so large a building could ever hope to meet the requirements and only such a comprehensive institution could expect to carry its own expenses. I preferred refunding the ninety thousand dollars to the various donors and dropping the whole business to embarking on the smaller scheme. That meeting did a world of good.
In accordance with the report of the Secretary of the Treasury, President Grant, in his annual message of December, 1869, recommended the passage of an act authorizing the funding of the public debt at a lower rate of interest. Following this recommendation, the bill for refunding the public debt, prepared by the Secretary of the Treasury, was enacted and approved July 14, 1870.
Only by the removal of this foreign tutelage could Turkey hope to regain its independence. It was to achieve this end, Herzl thought, that the Jews, and the Jews alone, could be useful. For this service, he intended to ask for a Jewish State in Palestine. Herzl followed this line until finally the need for refunding the Turkish debt disappeared.
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.
These claims were for the refunding of duties unjustly exacted from American vessels at different custom-houses in Cuba so long ago as the year 1844. The principles upon which they rest are so manifestly equitable and just that, after a period of nearly ten years, in 1854 they were recognized by the Spanish Government.
I would be glad if you would let every one know that of course my money will go toward refunding those whom the failure of the mine has injured." Beatrice rose also. She put her two hands on Lois' shoulders. "You needn't do it," she said. "The money is yours. It is a thing that is done every day. The world won't say much if you stick to what is yours." "It is not mine.
Promise me, Mr Newland, that upon any reverse or exigence, you will apply to me." "I candidly acknowledge to your lordship, that I would rather be under an obligation to anyone but you; and I trust you will clearly appreciate my feelings. I have taken the liberty of refunding the one thousand pounds you were so kind as to place at my disposal as a loan.
"But there lies the pinch, good father," said the Fleming "the refunding this money will reduce me to utter poverty. The Welsh have destroyed my substance; and this handful of money is all, God help me! on which I must begin the world again." "Nevertheless, son Wilkin," said Aldrovand, "thou must keep thy word, or pay the forfeit; for what saith the text?
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