He had accepted an engagement there as conductor; but, the lessee becoming bankrupt, the scheme was abandoned in favour of a better appointment at Riga.
If during his term of office a member of the council becomes bankrupt, or compounds with his creditors, or is (except in case of illness) continuously absent from the county, being chairman for more than two months, or being alderman or councillor for more than six months, his office becomes vacant by declaration of the council.
He became bankrupt in 1822, but during the following years he accomplished one of his best pieces of work, The History of the Commonwealth, founded on pamphlets and original documents, which still retains considerable value.
According to Ghazali, in his Destruction of Philosophers, the various schools of philosophy cancel each other; reason is bankrupt; faith is everything.
The public held her responsible for the bankrupt state of the country; and though in 1788, following the popular outcry, she prevailed upon the king to recall Necker, it was impossible for him to avert the Revolution.
In 1560 a supposed tooth of Buddha was brought to Goa; the raja of Pegu offered ioo,000 for the relic, and as Portuguese India was virtually bankrupt the government wished to accept the offer; but the archbishop intervened and the relic was destroyed.
It was because Napoleon gave a practical form to these achievements of the Revolution and ensured the public order necessary to their continuance that the Directory was bankrupt of reputation, and he intended to be far more than a mere member of a board.
Before Horace was ten years old (1820), his father became bankrupt, his home was sold by the sheriff, and Zaccheus Greeley himself fled the state to escape arrest for debt.
Their chief, Poma, declared that he had been moved to attempt the murder by his zeal for religion, a degree of piety and self-sacrifice which seems incredible in a bankrupt oil-merchant.
From every dispute which he had with the central authorities at Paris he emerged victorious; and he took care to assure his ascendancy by sending presents to the Directors, large sums to the nearly bankrupt treasury and works of art to the museums of Paris.
He started a perfumery shop in Athens on borrowed capital, became bankrupt and retired to the Syracusan court, where he was well received by Aristippus.
But this puts an infinitely worse face on the matter, and suggests, beside, that probably not even the other three succeed in saving their souls, but are perchance bankrupt in a worse sense than they who fail honestly.
Edward drifted on along the path to financial ruin till he actually went bankrupt in 1345, when he repudiated his debts, and ruined several great Italian banking houses, who had been unwise enough to continue lending him money to the last.
In spite of the poor condition in Europe of the credit of the struggling colonies, and of the fact that France was almost bankrupt (and in the later years was at war), and although Necker strenuously resisted the making of any loans to the colonies, France, largely because of Franklin's appeals, expended, by loan or gift to the colonies, or in sustenance of the French arms in America, a sum estimated at $60,000,000.
Of France for aid, and in 1768 a bargain was struck by which the French government succeeded to the nearly bankrupt sovereignty of Genoa.
Austria, shorn of her fairest provinces, robbed of her oversea commerce, bankrupt and surrounded on all sides by the territories of the French emperor and his allies, seemed to exist only on sufferance, and had ceased to have any effective authority in Germanynow absolutely in the power of Napoleon, who proved this in 1810 by annexing the whole of the northern coast as far as the Elbe to his empire.
An ardent opponent of Catholic Emancipation, he delivered in 1807 a speech on the subject which helped to give the deathblow to the Grenville administration, upon which he became chancellor of the exchequer under the duke of Portland, whom in 1809 he succeeded in the premiership. Notwithstanding that he had the assistance in the cabinet of no statesman of the first rank, he succeeded in retaining office till he was shot by a man named Bellingham, a bankrupt with a grievance, who had vainly applied to him for redress, in the lobby of the House of Commons on the 11th of May 1812.
The great canal was not begun; irrigation works were started but were soon given up. The letters of Kleber and Menou (the successors of Bonaparte) show that the expenditure on public works had been so reckless that the colony was virtually bankrupt at the time of Bonaparte's departure; and William Hamilton, who travelled through Egypt in 1802, found few traces, other than military, of the French occupation.