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Updated: May 17, 2025
Financial stringency together with complications arising over their relations with the Kansas Pacific Railway forced the abandonment of the project. After the consolidation in 1880 the line was recommenced, practically new grades being necessary. It was completed in 1882, the work being done under the Colorado Central Railroad Charter.
Jay Gould and his associates to corner the gold market, precipitating the panic of Black Friday, September 24, 1869. Securing its import duties in the precious metal and thus assisting to create an artificial stringency in the gold market, the Government had made it a practice to relieve the situation by selling a million of gold each month. The metal was thus restored to circulation.
The Rector's underwear, at odds with the stringency encircling it, was all lumpy, and what looked like tumors could be seen standing out under the "Jew's" stockings. And those trousers! They were so tight around the middle that the poor man could hardly breathe. His helmet, far too small for his head, kept slipping forward and bumping on his nose. But this was a day for dignity, not for ease!
At the same time the marked tendency of this generation to extend the stringency and area of coercive legislation in the fields of industry and sanitary reform is one that should be carefully watched. Its exaggerations may in more ways than one greatly injure the very classes it is intended to benefit. A somewhat corresponding statement may be made about individual sanitary education.
And, at any rate, a man would no longer be able to blame Providence if he found himself tied for life to a couple for whom he had nothing but loathing and contempt. Even the adherents of the old conception of compulsory childship begin to see that the stringency of the filial tie needs relaxation. Already it is recognised that in cases of cruelty the child may be divorced from the parent.
They are no benefactors to the community who seek to break down and relax the stringency of the prohibition of labour. If once the idea that Sunday is a day of amusement take root, the amusement of some will require the hard work of others, and the custom of work will tend to extend, till rest becomes the exception, and work the rule. There never was a time when men lived so furiously fast as now.
No farther law was passed in the period before us; but an increased stringency in its application is obvious from the fact that, while the law as to the ten years' interval was suspended in 537 during the continuance of the war in Italy, there was no farther dispensation from it afterwards, and indeed towards the close of this period re-election seldom occurred at all.
Nor only so, but He puts Himself without apology or explanation in front of Moses and asserts power to modify, to set aside, or to re-enact with new stringency, the precepts of the divine law.
When two years later the stringency persisted, the radicals in the legislature demanded a law to stay the execution of debts, while the now unified conservatives proposed again the stoppage of the slave trade.
Being subject to "call," it can not be loaned, only in part at best, to the merchant or manufacturer for a fixed term. Hence, no matter how much currency there might be in the country, it would be absorbed, prices keeping pace with the volume, and panics, stringency, and disasters would ever be recurring with the autumn.
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