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Updated: May 4, 2025
In 1878 Parnell urged the establishment of peasant proprietorship, and under the Act of 1881 three-quarters of the purchase-money was to be advanced on such terms as to be repayable by instalments of five per cent, per annum for thirty-five years, but only 1,000 tenants took advantage of the facilities thereby offered.
It may not be generally known in England that the Roman Catholics of Ireland can borrow money from John Bull for the erection of "glebe-houses," at 4 per cent., repayable in 49 years. In a certain recent case the priest thought the builder's estimate too high, and, without absolutely declining the contract, intimated that he would "wait a while."
"So far as that goes, I am in your debt for always. But the money part I must and will, somehow, return." "Being the most important part?" he suggested, halting in front of her. "I didn't mean to imply that," she answered. "I think you know which I put first. But I can only do what I can, and money is repayable." "So is kindness," said Mercer. Again shyly she glanced at him.
The military budget proposed for the present year in the ordinary section is for 2,782 millions of francs, besides that portion paid by Germany for the army of occupation; the extraordinary section of the same budget is for 1,712 millions of francs, besides 635 millions for expenses repayable for the maintenance of troops of occupation in foreign countries.
In addition to the above named free grant of three million pounds, His Majesty's Government will be prepared to make advances on loan for the same purposes, free of interest for two years, and afterwards repayable over a period of three years with three per cent. interest. No foreigner or rebel will be entitled to the benefit of this clause." Statement read by Lord Milner to the Boer delegates:
Many were the dinners to which Ramsey had done the inviting, he the paying, and if that gentleman of fashion was not above accepting the lavish attentions of the man about town, whom he regarded as quite outside his own world, still less was he averse to the loans forthcoming at moments of embarrassment, accompanied by a thinly veiled hint from Bobby that they were repayable only when circumstances permitted.
They will both sign deeds, borrow money on joint security, lend money repayable to them jointly. But in public affairs she will never allow her name to appear at all. Not that she does not take a keen interest in such things. She lives in no world apart; all that affects her husband interests her as keenly as it does him.
Our embarrassment for small change is renewed: many of the communes who had issued bills of five, ten, and fifteen sols, repayable in assignats, are become bankrupts, which circumstance has thrown such a discredit on all this kind of nominal money, that the bills of one town will not pass at another.
It is hoped thereby to circumvent the apathy of District Councils, and their parsimony is to be appeased by the fact that the funds, which are largely derived from economics in the Irish Executive are advanced at a rate of interest, not as heretofore of 4-7/8 per cent., but, as in the case of land purchase advances, of 3-1/4 per cent., repayable in a period of 68-1/2 years.
They gave the working classes facilities for running into debt, and for mortgaging their future industry. A few men, desirous of making money, would form themselves into a Loan Club, and offer sums of money ostensibly at five per cent, interest, repayable in weekly instalments. The labouring people eagerly availed themselves of the facility for getting into debt.
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