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Updated: May 7, 2025
That consequently it behooved the Spanish court to assist in extricating the French king from difficulties into which the latter had been brought simply by the march of the Spanish troops. Alva actually sent the Count of Aremberg with a considerable force to join the army of the Queen Mother in France, and even offered to command these subsidiaries in person, which, however, was declined.
The power of thinking and the power of excavation are not dependent on the words in the one case or on the mason-work in the other; but without these subsidiaries neither could be carried on beyond its rudimentary commencement.
They have invaded the latter's turf by insuring hundreds of billions of dollars in pools of credit instruments, loans, corporate debt, and bonds quality-graded by third party rating agencies. Insurance companies have thus become backdoor lenders through specially-spun "monoline" subsidiaries.
That consequently it behooved the Spanish court to assist in extricating the French king from difficulties into which the latter had been brought simply by the march of the Spanish troops. Alva actually sent the Count of Aremberg with a considerable force to join the army of the Queen Mother in France, and even offered to command these subsidiaries in person, which, however, was declined.
Spain and Italy, being dubious Powers at the best, need not detain the argument; they are, in the nature of things, subsidiaries who wait on the main chance. And Austria, with whatever the name may cover, is for the immediate purpose to be counted under the head of Germany. There is no invidious comparison intended in so setting off these two classes of nations in contrast to one another.
The mood was brought about by a visit to the City, at the summons of Paul Spinner; and the visit included conversations not only with Paul, but with Smathe and Smathe, the solicitors, and with a firm of stockbrokers. Paul handed over to his crony saleable securities, chiefly in the shape of scrip of the greatest oil-combine and its subsidiaries, for a vast amount, and advised Mr.
The power of thinking and the power of excavation are not dependent on the words in the one case or on the mason-work in the other; but without these subsidiaries neither could be carried on beyond its rudimentary commencement.
The outcome might, not inconceivably, be the virtual erasure of the Imperial dynasty, together with the pedigreed-class rule on which it rests and the apparatus of irresponsible coercion through which it works, in the Fatherland and in its subsidiaries and dependencies.
In a case like that of Imperial Germany, with its federated States and subsidiaries, where royalty and nobility still are potent preconceptions investing the popular imagination, and where loyal abnegation in the presence of authority still is the chief and staple virtue of the common man, in all such cases virtual abdication of the dynastic initiative under constitutional forms can be had only by a formal and scrupulously complete abrogation of all those legal and customary arrangements on which this irresponsible exercise of authority has rested and through which it has taken effect.
The Vanderbilt family no longer possesses a majority interest in the stock, or anything which approaches it, and the New York Central system and its subsidiaries have come to be known more and more as Morgan properties. The system has grown up with the country. Many of its former controlled roads have now been merged into the main corporation and many new lines have been added to it.
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