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The Government having large reservations in the city, and the nation at large having an interest in their capital, I recommend a liberal policy toward the District of Columbia, and that the Government should bear its just share of the expense of these improvements. Every citizen visiting the capital feels a pride in its growing beauty, and that he too is part owner in the investments made here.
Building associations and private philanthropists have erected improved tenements, and have proved that the right sort of structures may be made paying investments. State and municipal governments have appointed commissions and departments on housing, fire protection has been provided, better sanitary conditions have been enforced, and hopelessly bad buildings have been destroyed.
In a country like ours, open on all sides to the competition of intelligence and strength, with a Press that is the voice of all parties and of every interest; in a country offering to your investments three and a half and more per cent., secure as the firmament!
Whence does she obtain further resources?" "From the investments made for her by the Baron de Samoreau." "Without her having to pay a commission of any kind? A most remarkable case of disinterestedness!" "I never have sought to examine the matter particularly," said Henri. "And is that the way you keep yourself informed? A future general-in-chief!"
Your recent passage of the Foreign Assistance Act sent a signal to the world that America will not shrink from making the investments necessary for both peace and security. Our foreign policy must be rooted in realism, not naivete or self-delusion. A recognition of what the Soviet empire is about is the starting point.
It was all very well to take the eggs, but to pluck the hen was another thing." "Is it possible that monsieur can suppose " began the devote, clasping her hands under her chin. "I suppose nothing," said Cerizet; "I am not the judge of this affair. But the relations declare that you have pocketed considerable sums, and made investments about which they demand inquiry."
So now he was engaged while still up to his neck in debt; but worse remained behind. In his business he had sums of money for investments and for settlements of cases passing through his hands; and from time to time he had, when hard pushed, used his clients' money to pay his own debts.
In considering the question of purchasing bonds as a means of restoring to circulation the surplus money accumulating in the Treasury, it should be borne in mind that premiums must of course be paid upon such purchase, that there may be a large part of these bonds held as investments which can not be purchased at any price, and that combinations among holders who are willing to sell may unreasonably enhance the cost of such bonds to the Government.
A new thought came into his mind. His investments in the enterprise, now in such jeopardy, reached the sum of nearly one hundred thousand dollars. The greater part of this had been actually paid in. His notes and endorsements made up the balance. "I will sell out for twenty-five cents in the dollar," said he.
It is now rather over forty thousand pounds, since we have changed the investments from time to time, and always, I am glad to say, with satisfactory results. The value of her property has gone up also in a corresponding degree. That, however, does not concern you.
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