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Updated: June 8, 2025
Nor must the fact be lost sight of that of the nominal amount of £25,000,000 which had been borrowed, fully half consisted of repayments to foreign Banks and never left Europe.
For the time, therefore, the importunate demands of the queen for repayments by the States of her disbursements during the past ten years were suspended. It had, indeed, never been more difficult than at that moment for the republic to furnish extraordinary sums of money. The year 1595 had not been prosperous.
For the time, therefore, the importunate demands of the queen for repayments by the States of her disbursements during the past ten years were suspended. It had, indeed, never been more difficult than at that moment for the republic to furnish extraordinary sums of money. The year 1595 had not been prosperous.
First, by this attention they were enabled to make some tolerable judgment concerning the thriving or declining circumstances of their debtors, without being obliged to look out for any other evidence besides what their own books afforded them; men being, for the most part, either regular or irregular in their repayments, according as their circumstances are either thriving or declining.
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