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Updated: May 22, 2025
Doubtless, he acted wisely, for responsibility is not transferable. The fact is introduced in proof of the defenceless state of Minorca, and its constant liability to attack.
The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity, redeemable by parliament, to an irredeemable annuity, for a long term of years, of only equal amount. The value of the former may be supposed always the same, or very nearly the same; and it makes, therefore, a more convenient transferable stock than the latter.
If, therefore, as appears from the official reports of the treasurer-general, Larzabal, in my possession, the receipts at the treasury, in 1780, amounted only to $700,000 including the situado, or annual allowance for the expenses of government sent from New Spain, and after the ordinary charges of administration had been paid, a surplus of $170,000 remained in the hands of the treasurer; at present we have the satisfaction to find that the revenue is equal to $2,625,176.50 and the expenses do not exceed $2,179,731.87 by which means an annual surplus of $445,444.62 is left, applicable to the payment of the debt contracted during the extraordinary period above mentioned, now reduced to about $900,000 and afterwards transferable to the general funds belonging to the crown.
The Aerschots, the Meluns, the Lalains, and a swarm of other nobles, had their price, and were easily transferable from one to another, but it was not easy to make a direct offer to William of Orange. They knew as he said shortly afterwards in his famous Apology that "neither for property nor for life, neither for wife nor for children, would he mix in his cup a single drop of treason."
"If you wanted to buy something of your neighbor, could you transfer part of your credit to him as consideration?" I inquired. "In the first place," replied Dr. Leete, "our neighbors have nothing to sell us, but in any event our credit would not be transferable, being strictly personal.
The whites had not bought it, and couldn't buy it; for the tribes had no chiefs, nobody in authority, nobody competent to sell and convey; and the tribes themselves had no comprehension of the idea of transferable ownership of land. The ousted owners were despised by the white interlopers, and this opinion was not hidden under a bushel.
Good and bad are but names very readily transferable to that or this; the only right is what is after my constitution; the only wrong what is against it. A man is to carry himself in the presence of all opposition as if every thing were titular and ephemeral but he. I am ashamed to think how easily we capitulate to badges and names, to large societies and dead institutions.
A member, on payment of one guinea annually, may obtain an ivory ticket, which will admit one named person with a companion to both establishments; or a transferable ivory ticket which will admit one person. He may obtain two or more such tickets at the same rate.
Sir John Lubbock's Method.+ In his work on "Representation," Sir John Lubbock says: "The full advantage of the single transferable vote would require a system of large constituencies returning three or five members each, thus securing a true representation of opinion."
That the king grant to all those of the expedition and their descendants forever exemption from pecho and custom duty, as well as exemption from tax on ail merchandise that they might trade in these islands for the period of one hundred years. 6. That transferable repartimientos be granted to the conquerors and new discoverers. 7.
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