"Public debt" Quotes from Famous Books
 ... capital; but the railways are a source of profit, and the payment comes from the railway passenger. Moreover, in course of time, the Indian railways will become, and are becoming, a property of enormous value to the State. The interest on India's public debt is L3,000,000, but it has to be remembered how much India has benefited by expenditure which has proved reproductive. Sir Bampfylde Fuller has stated that the lowest estimate of the increase in produce obtained ...
— Indian Unrest • Valentine Chirol
... upon whom to exercise their jurisdiction. I submit that, before a measure of this kind should be adopted, we should reflect most carefully upon what we are doing. We should remember that this country is now almost crushed into the very earth with its accumulated burden of public debt, of State debts, of county debts, of city debts, of township debts, of individual debts. We should bear in mind that we may impose upon the people of this country, by this kind of latitudinarian and most dangerous legislation, a burden that is too heavy to be borne, and against ...
— History of the Thirty-Ninth Congress of the United States • Wiliam H. Barnes
... the public debt, of the Empire and of its members—creditors of the Empire being accounted accessory to the culpable enterprise ...
— An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation • Thorstein Veblen
... and was accepted. The name of the contractor appeared to be Macpherson, but when sent for he turned out to be a Chinaman. He had been shrewd enough to see that he had no chance of getting the work in his own name. The total population of New Zealand is a little over 500,000, and the public debt is about L37,000,000. This seems to show that taxation must be high. A good deal of this large amount has, it is true, been expended on railways, which all belong to the State, and therefore the burden, though heavy, is ...
— Six Letters From the Colonies • Robert Seaton
... the ordinary charges, were often in no condition of levying these occasional taxes, they were obliged to borrow at interest. Interest was then to communities at the same exorbitant rate as to individuals. No province was free from a most onerous public debt; and that debt was far from operating like the same engagement contracted in modern states, by which, as the creditor is thrown into the power of the debtor, they often add considerably to their strength, and to the number and ...
— The Works of the Right Honourable Edmund Burke, Vol. VII. (of 12) • Edmund Burke
... Francisco did not intend to be ruined by such a course. I raised the rate of exchange from three to three and a half, while others kept on at the old rate; and I labored hard to collect old debts, and strove, in making new loans, to be on the safe side. The State and city both denied much of their public debt; in fact, repudiated it; and real estate, which the year before had been ...
— Memoirs of Three Civil War Generals, Complete • U. S. Grant, W. T. Sherman, P. H. Sheridan
... this fund, is a point of the utmost importance, and well worthy the serious attention of parliament; which has thereby been enabled, in this present year 1765, to reduce above two millions sterling of the public debt. ...
— Commentaries on the Laws of England - Book the First • William Blackstone
... we should be justified in voting for a measure which, if carried out, would add this vast amount to our public debt at a moment when the Treasury was reeling under the enormous expenditure ...
— The Great Conspiracy, Complete • John Alexander Logan
... government, under which, after having at great sacrifice and courage overcome the native difficulties on their borders, they lived a happy and contented existence, with increasing prosperity, no public enemy, perfect civil and religious equality, and, except for railways and public works, no public debt, until in 1899 that wonderful loyalty to race which is so remarkable a trait in the Dutch African involved them in the ambitions and the ruin of ...
— Our Sailors - Gallant Deeds of the British Navy during Victoria's Reign • W.H.G. Kingston
... best known is his mock heroic Hasty Pudding (1793). Besides the writings mentioned above, he published Conspiracy of Kings, a Poem addressed to [v.03 p.0407] the Inhabitants of Europe from another Quarter of the Globe (1792); View of the Public Debt, Receipts and Expenditure of the United States (1800); and the Political Writings of Joel Barlow (2nd ed., 1796). He also published an edition, "corrected and enlarged," of Isaac Watt's Imitation of the Psalms of ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 3 - "Banks" to "Bassoon" • Various
... reputation of the Congress reached its high water mark early in 1778, after the capture of Burgoyne's army and the making of the alliance with France. After that time, with the weary prolonging of the war, the increase of the public debt, and the collapse of the paper currency, its reputation steadily declined. There was also much work to be done in reorganizing the state governments, and this kept at home in the state legislatures many of the ablest men who would otherwise have been sent to the Congress. Thus in point ...
— Civil Government in the United States Considered with - Some Reference to Its Origins • John Fiske
... not to intervene in any negotiations about Egypt between Great Britain and other Powers. There are provisions for jurisdiction over German nationals and property and for German consent to any changes which may be made in relation to the Commission of Public Debt. Germany consents to the transfer to Great Britain of the powers given to the late Sultan of Turkey for securing the free navigation of the Suez Canal. Arrangements for property belonging to German nationals in Egypt are made similar to those in the case of Morocco and other countries. ...
— World's War Events, Volume III • Various
... as a Nation, and in the very year that the articles were fully adopted, and before the last State had given its adherence (1781), a member of Congress from New Jersey moved a recommendation to the States to invest Congress with additional means of paying the public debt and prosecuting the war of the Revolution, by laying duties on ...
— History of Woman Suffrage, Volume II • Elizabeth Cady Stanton, Susan B. Anthony, and Matilda Joslyn Gage
... purpose, was conducted and assisted through a lottery. Harvard, Rhode Island (now Brown University), and Dartmouth College thus increased their endowments. Towns and States thus raised money to pay the public debt. Congregational, Baptist, and Episcopal churches had lotteries "for promoting public worship and the advancement of religion." Canals, turnpikes, bridges, excavations, public buildings were brought to perfection by lotteries. Schools and academies were thus endowed; ...
— Customs and Fashions in Old New England • Alice Morse Earle |
