Financial Sentence Examples

financial
  • The dairy wasn't simply a financial endeavor, as Mums had thought.

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  • Carmen had shown little interest in their financial status.

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  • I was thinking about buying a new vehicle and wondered if we had the money, so I looked at his financial information on the computer.

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  • I can only imagine other uses you might have embraced, for personal financial enhancement.

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  • Using the path he had given her, she found his financial folder.

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  • I'm sick and tired of you guys butting into my financial affairs.

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  • I'm here to protect my family's financial investment.

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  • They dated in college, parted ways mutually, and ended up working for the same financial planning firm in Virginia.

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  • About the same time the curia undertook financial duties, and in.

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  • All that time and he was unable to solve his financial problem.

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  • Second, monarchs themselves often have only a financial risk in war.

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  • The Dean's ages—both forty—and the financial limitations of their new business would make obtaining court approval difficult.

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  • The only danger I'm in is financial.

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  • He was built from the same mold—large and muscular, the kind of man more fitted to military special forces or UFC prizefighting than financial planning.

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  • Dean's multiplication table of 44, the number of rented apartments, wasn't perfect, but that num­ber times even a reasonable monthly rental lessened any sympathy he might have felt for the woman's financial plight.

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  • I knew I'd have to talk to you about it sooner or later, but I didn't want to hold the financial burden of an unplanned pregnancy over your head like a club.

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  • But demands for more lines were constantly arising, and the existing companies, in view of their financial position, were disinclined to undertake their construction.

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  • Then there was a change in the financial situation, and it became difficult to find the money required.

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  • An administrative tribunal called the cour des corn ptes subjects the accounts of the states financial agents (trsorierspayeurs, receveurs of registration fees, of customs, of indirect taxes, &c.) and of the communesi to a close investigation, and a vote of definitive settlement is finally passed by parliament.

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  • He published The Political and Financial Opinions of Peter Cooper, with an Autobiography of his Early Life (1877), and Ideas for a Science of Good Government, in Addresses, Letters and Articles on a Strictly National Currency, Tariff and Civil Service (1883).

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  • Christina's extravagance was financial.

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  • At the head of the financial organization of France, and exercising a general jurisdiction, is the minister of finance, who co-ordinates in one general budget the separate budgets prepared by his colleagues and assigns to each ministerial department the sums necessary for its expenses.

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  • Mirabeau tried for a time, too, to act with Necker, and obtained the sanction of the Assembly to Necker's financial scheme, not because it was good, but because, as he said, "no other plan was before them, and something must be done."

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  • But the entire financial authority resided in the sultan as keeper, by right, of the fortune of his subjects.

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  • Although the equites were selected from the 'wealthiest citizens, service in the cavalry was so expensive that the state gave financial assistance.

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  • The financial situation in Venezuela was for a long time extremely complicated and discreditable, owing to defaults in the payment of public debts, complications arising from the guarantee of interest on railways and other public works, responsibility for damages to private property during civil wars and bad administration.

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  • He was educated at Glasgow University and at Trinity College, Cambridge (senior optime, and classical honours); was returned to parliament for Stirling as a Liberal in 1868 (after an unsuccessful attempt at a by-election); and became financial secretary at the war office (1871-1874; 1880-1882), secretary to the admiralty (1882-1884), and chief secretary for Ireland (1884-1885).

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  • At the beginning of his reign he ordered a recast of the coinage, with serious results to commerce; civil officials were deprived of offices, which had been conferred free, but were now put up to auction; duties were imposed on exported merchandise and on goods brought into Paris; the practice of exacting heavy fines was encouraged by making the salaries of the magistrates dependent on them; and on the pretext of a crusade to free Armenia from the Turks, Charles obtained from the pope a tithe levied on the clergy, the proceeds of which he kept for his own use; he also confiscated the property of the Lombard bankers who had been invited to France by his father at a time of financial crisis.

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  • With these gains Voltaire seems to have begun his long series of successful financial speculations.

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  • The publications of the London County Council, especially the tramways accounts, the annual estimates, London Statistics, and the Financial Abstract (to years ended 31st March 1908) have much valuable information.

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  • This virtual exclusion from the mails was continued to the financial ruin of some newspapers even though the objection was based on the material in only one issue.

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  • The hard times which followed the financial panic of 1893 made it possible for them, in alliance with the Republicans, to carry the state in the election of 1894.

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  • Dumont was a Genevese exile, and an old friend of Romilly's, who willingly prepared for him those famous addresses which Mirabeau used to make the Assembly pass by sudden bursts'of eloquent declamation; Claviere helped him in finance, and not only worked out his figures, but even wrote his financial discourses; Lamourette wrote the speeches on the civil constitution of the clergy; Reybaz not only wrote for him his famous speeches on the assignats, the organization of the national guard, and others, which Mirabeau read word for word at the tribune, but even the posthumous speech on succession to the estates of intestates, which Talleyrand read in the Assembly as the last work of his dead friend.

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  • He was appointed a member of an ecclesiastical commission for reforming the church in 1787, in which capacity he was virtually minister of public worship. In 1791-1792 he became a leading member of the financial and general committees of the riksdag.

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  • This proved to be the last case in the 19th century of what at one time had been a veritable scourge to cattle-owners and a source of heavy financial loss.

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  • The absence of conviction in regard to British commercial policy naturally had its counterpart in the attitude of many men to the financial system of the country.

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  • The partition of Turkey had to be postponed; the financial collapse of England could not be expected now that she framed an alliance with the Spanish patriots and had their markets and those of their colonies opened to her; and the discussions with the tsar Alexander, which had not gone quite smoothly, now took a decidedly unfavourable turn.

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  • Shortly before starting for the Russian expedition Napoleon vainly tried to reassure the merchants and financiers of France then face to face with a sharp financial crisis.

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  • Financial assistance and assurances as to sales and prices have been given liberally by the association where they are needed; ginning and buying centres have been established; experts have been engaged to distribute seed and afford instruction; and some land has been acquired for working under the direct management of the association.

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  • Foreign policy was largely determined by Hughes, financial by Mellon, and the problem of unemployment was thrown upon Hoover.

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  • Perhaps the supreme defect of the kingdom of Jerusalem was its want of any financial basis.

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  • A scheme of taxation - the Saladin tithe - was imposed on all who did not take the cross; and this taxation, while on the one hand it drove many to take the cross in order to escape its incidence, on the other hand provided a necessary financial basis for military operations.'

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  • The military development which sprang from the Crusades is thus largely a matter of borrowing; the financial development is independent and indigenous in the West.

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  • Thus Hull district inaugurated a bold policy of chapel-buildings; Norwich that of a foreign mission; Sunderland and Manchester the ideal of a bettereducated ministry, Sunderland institute being opened in 1868; Nottingham district founded a middle-class school; Leeds promoted a union of Sunday-schools, and the placing of chapel property on a better financial footing.

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  • Hadrian displayed his special fondness for the city by raising new buildings and relieving financial distress.

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  • Its political leaders in the House of Delegates are restive under the control exercised by the Executive Council, but an attempt to hold up necessary appropriations resulted in the passage in July 1909 of an act continuing the appropriations of the previous year, whenever for any cause the lower house fails to pass the necessary financial legislation.

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  • His interests lay chiefly in financial questions and in 1849 he became minister of commerce and agriculture in the cabinet of Odilon Barrot.

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  • By the union of great moral qualities with high, though not the highest, intellectual faculties, he carried the Indian empire safely through the stress of the storm, and, what was perhaps a harder task still, he dealt wisely with the enormous difficulties arising at the close of such a war, established a more liberal policy and a sounder financial system, and left the people more contented than they were before.

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  • The reforms proved a failure, mainly owing to the tacit opposition of the Turkish authorities, the insufficient powers attributed to the European officials, the racial feuds and the deplorable financial situation.

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  • Whatever the financial system 1 For Ptolemaic Egypt, see Ptolemies and Egypt.

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  • Its powers are extensive, including, in addition to ordinary legislative powers, control of financial affairs, foreign affairs, the power to declare war and approve treaties of peace, amnesties, electoral legislation for the provinces and municipalities, control of the electoral vote for president and vice-president, and designation of an acting president in case of the death or incapacity of these officers.

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  • This vicious system, grafted as it was upon an inefficient administration, and added to the weight of a continually depreciated currenc y, debased both by ill-advised fiscal measures and by public cupidity, formed one of the principal causes of the financial embarrassments which assailed the treasury with ever increasing force in the latter part of the 16th and during the 17th and 18th centuries.

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  • Apart from unimportant modifications, the form of the budget must have remained unchanged until the organic reforms of Selim III., while its complete transformation into European shape dates only from the year 1278 (1862), when Fuad Pasha attached a regular budget to his report on the financial situation of the empire.

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  • These endeavours were continued with scarcely better result by each of the succeeding sultans up to the time of the Crimean War, and during the whole of the period the financial embarrassment of the empire was extreme.

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  • By financial expedients of this kind payments were effected by the treasury ill fifteen years (1881-1896) amounting to £T11,666,000 or at the rate of nearly £T800,000 per annum.

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  • Laurent, the financial adviser to the Turkish government, stated in a lecture on Turkish Finance, delivered in Paris on the 22nd of April 1910, that the Ministry of Finance has now been largely reorganized.

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  • The tithes were originally based on one-tenth of the agricultural produce of the country, but this proportion was gradually raised under the euphemistic pretence of " public instruction," but really, under financial pressure, to 12% and again in 1900 for military " equipments " (Tejhizat-i-'Askeriyeh) by a further 2% to 122%.

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  • As regards the first of these, it is curious to observe that the budget decree of 1880 stringently limited the peace strength of the Ottoman army to 100,000 men, " including officers and generals," in order to put a stop to the rapidly increasing military expenditure; but this was merely the expression of a pious wish, at a time when European financial good will was indispensable, that expenditure might be kept down.

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  • In March 1897 the floating debt was calculated by a financial authority in the Fortnightly Review to amount to upwards of £TJ5,000,000, which might be compressed to £T25,000,000 since a large proportion was certainly composed of salaries in arrear and other items of a similar kind which the government would never, under any circumstances, make good.

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  • Thus, in the financial year1900-1901the total amount of the fund had risen from £T159,500 to £T231,500.

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  • Since that time various other concessions have been granted to French and German financial groups, principally the Imperial Ottoman Bank group of Paris and the Deutsche Bank group of Berlin.

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  • On the 2nd of June 1908 a fresh convention was signed between the government and the Bagdad Railway Company providing, on the same financial basis, for the extension of the line from Bulgurlu to Helif and of the construction of a branch from Tel-Habesh to Aleppo, covering a total aggregate length of approximately 840 kilometres, The principle of equal sections of 200 kilometres was thus set on one side.

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  • Financial and military advisers were procured from Germany.

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  • In May 1879 the misgovernment of Ismail Pasha and the resulting financial crisis rendered the deposition of the khedive inevitable; in order to anticipate the action of England and France, who would otherwise have expelled the erring viceroy, the sultan deposed him himself; the succession devolved upon his son Mahommed Tewfik Pasha.

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  • But the achievements of the two civil agents were less noteworthy; and in 1905 it was agreed that, in view of the financial necessities of the provinces, the other great powers should each appoint delegates to a financial commission with extensive powers of control in fiscal matters.

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  • This was regarded as an expression of confidence in the reformed parliament, which had laid the foundation of the important financial and administrative reforms already described.

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  • The financial arrangement as finally agreed upon was that German financiers should control 40% of the capital of the line; French (through the Imperial Ottoman Bank), 30%; Austrian, Swiss, Italian and Turkish, 20%; and the Anatolian Railway Company, io %.

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  • The state was admitted to the Union with its present boundaries on the 12th of May 1858, and the federal census of 1860 showed that the population had increased to 172,023, despite the fact that the financial panic of 18J7 had severely checked the state's growth.

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  • Marie Antoinette then obtained that ascendancy over her husband which was partly responsible for the extravagance of the ministry of Calonne, and brought on the Revolution by the resulting financial embarrassment.'

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  • The conseil du roi first divided the total sum among the various generalites (the higher financial divisions), again dividing the amount due from each generalite among the elections of which it was composed.

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  • These soon acquired extensive political and financial powers, which continued in operation till 1789.

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  • He followed the fortunes of the dauphin, afterwards Charles V'II., acting in the triple capacity of clerk, notary and financial secretary.

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  • Thus, at the time of the Gracchi, these equites-publicani formed a close financial corporation of about 30,000 members, holding an intermediate position between the nobility and the lower classes, keenly alive to their own interests, and ready to stand by one another when attacked.

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  • In 1879 he succeeded in postponing the total abolition of the grist tax, and was throughout a fierce opponent of Magliani's loose financial administration.

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  • He immediately addressed himself to the task of improving the financial position of the country, carried out the conversion of the State loans, and succeeded, for the first time in the history of the Hungarian budget, in avoiding a deficit.

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  • The scheme came into operation in June 1898, and not only was a complete suspension of payments avoided but the financial situation was greatly improved.

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  • These measures would have put the financial affairs of the nation on a solid footing in a very few years had the government been able to keep its expenditure within its income.

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  • But home difficulties and financial necessities prevented the West India Company from sending adequate reinforcements from Holland.

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  • Thus the government of the prince regent began its career in the new world with dangerous errors in the financial system; yet the increased activity which a multitude of new customers and the increase of circulating medium gave to the trade of Rio, added a new stimulus to the industry of the whole nation.

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  • Financial embarrassments increased to an alarming extent; the emperor was compelled by the British government to make peace with Buenos Aires and to renounce the Banda Oriental; and to fill the sum of disasters Dom Miguel had treacherously usurped the crown of Portugal.

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  • He had to face opposition from sectional interests and from the jealousy of interference with their rights on the part of provincial administrations, but he was able to achieve a considerable measure of success and to lay the foundation of a sounder system under which the financial position of the republic has made steady progress.

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  • Much of his attention must have been engrossed by the work of administration, carried on without the help of those elaborate institutions, judicial and financial, which were perfected by Henry I.

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  • The Ishmaelites, the financial experts of the day, were the official mint-masters, treasurers and bankers.

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  • At one time the Turkish script was altered, with the result that officers were unable to read their reports or orders; then the Enverie, a highly unpractical head-covering, reminiscent of a child's paper hat, was invented and introduced; in March 1914 he demanded and obtained the hand of Princess Nadjie, the Sultan's niece, made himself general of a division, and began, moreover, to take thought for his financial future.

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  • In 355 his advance temporarily ceased, but, as we learn from Isocrates and Xenophon, the financial exhaustion of the league was such that its destruction was only a matter of time.

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  • The contracting parties were to retain their names, laws, administrative institutions, financial and military organizations.

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  • The effects of this policy of blind obscurantism far outweighed any good that resulted from the king's well-meant efforts at economic and financial reform; and seven this reform was but spasmodic and partial, and awoke ultimately more discontent than it allayed.

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  • Financial embarrassment and disgust at the Protestant controversies in which he was forced to participate caused him to seek recall from the imperial court.

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  • In 1898 he was appointed financial secretary to the War Office, a post in which he distinguished himself during the Boer War, in particular by a brilliant defence, in the debate on.

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  • Taxation was in many directions reduced, and the financial exactions of the imperial officers controlled by the erection of a special court.

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  • His financial situation was desperate, and his life was chiefly occupied in begging at European courts.

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  • At Wilmington is the Ferris industrial school for boys, a private reformatory institution to which New Castle county gives $146 for each boy; and the Delaware industrial school for girls, also at Wilmington, receives financial support from both county and state.

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  • In 1850 he became vice-principal and Hebrew lecturer at St David's College, Lampeter, where he introduced muchneeded educational and financial reforms. He was appointed select preacher of Cambridge University in 1854, and preached a sermon on inspiration, afterwards published in his Rational Godliness after the Mind of Christ and the Written Voices of the Church (London, 1855).

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  • In the financial troubles between 1850 and 1860 it is said that more than half the railways north of the Ohio river and between the Hudson and the Missouri rivers were at some time his clients.

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  • Owing to a clause in the constitution forbidding the issue of bank charters, the financial business of the state was controlled by national and private banks until 1904, when the constitution was amended and provision was made for the incorporation of state banks under a system of state supervision, regulation and control, deposits being guaranteed as in the Oklahoma banking system.

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  • In 1818 he saved Paris from a financial crisis by buying a large amount of stock, but next year, in consequence of his heated defence of the liberty of the press and the electoral law of 1867, the governorship of the Bank was taken from him.

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  • In 1730 the partnership was dissolved, and Franklin, through the financial assistance of two friends, secured the sole management of the printing house.

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  • Even greater than his diplomatic difficulties were Franklin's financial straits.

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  • In carrying out this policy of government regulation and supervision of corporations he became involved in a great struggle with the powerful financial interests whose profits were threatened, and with those legislators who sincerely believed that government should solely concern itself with protecting life and property, and should leave questions of individual and social relations in trade and finance to be settled by the operation of so-called natural economic laws.

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  • The old theory was that the general prosperity of the country depends upon the development of its natural resources - a development which can best be achieved by private capital, acting under the natural incentive of financial profits.

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  • The Saxon financial period embraces a space of two years.

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  • After a short period of German government, which was highly beneficial to the country, Galicia received after the Constitution of 1867 an exceptional position which was gradually consolidated; the German officials were removed, and the Polish members in the Reichsrat (who represented 71 votes) held the balance between the parties, which brought Galicia, without any effort, great financial advantages at the cost of the other Crown territories.

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  • Since the State supervised the schools without maintaining them, it was able to increase its demands without being hampered by financial considerations.

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  • This time the Poles came to the rescue of the Government in its hour of need, by getting a form of standing order approved which rendered obstruction somewhat more difficult, and in this, curiously enough, they were helped by the Czechs; for obstruction had brought even them into an impasse, since their financial requirements had not been met.

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  • In Hungary a strong majority, which the Government could not afford to ignore, insisted on the formation of an independent Hungarian bank; on the other hand the advantages accruing to Hungary through the community of the financial and banking organization were quite obvious.

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  • From the year 1902 to the financial year 1914-5 the State revenues doubled, rising from 1,730 millions of kronen to 3,460 millions of kronen, but this increase in revenue could only be achieved by placing an extraordinary strain on the taxable capacity of the country.

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  • The Post Office Savings Bank was also made to serve the financial needs of the State.

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  • He was a consistent and upright Tory of the old school, who carried weight as an authority on financial subjects.

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  • A paper currency was established in 1902, and proved a financial success.

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  • The administration was corrupt, largely because of the vast powers given to officials, who were invariably underpaid; and the financial methods of the company precipitated its ruin, large dividends being paid out of borrowed money.

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  • Many important financial and agrarian measures were carried between 1860 and 1890.

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  • It was in favour of aiding Austria on a broad basis of financial and economic help, to be rendered generally to the states of central Europe by international agreement.

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  • The economic and financial position of Czechoslovakia showed signs in 1921 of steady recovery from the chaos which succeeded the close of the war.

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  • After the close of the war efforts were first directed to clearing the financial situation by funding the floating debt, and taking steps (never fully consummated) towards contracting the currency.

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  • All financial and economical questions before the diet were henceforth to be decided by a majority of votes.

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  • It was not till the time came nearer for the introduction of the budget for 1909-1910 that opinion in financial circles showed the change which was afterwards to become so marked.

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  • In the financial year 1904-1905 the revenue was £503,000, the expenditure £390,000.

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  • After nearly all the forty-six banks chartered by the legislature in 1818 had been wrecked in the financial panic of 1819, the legislature in 1820 passed a series of laws designed for the benefit of the debtor class, among them one making state bank notes a legal tender for all debts.

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  • His chief financial expedient was to debase, or rather ruin, the currency by issuing copper tokens redeemable in better times; but it was no fault of his that Charles XII., during his absence, flung upon the market too enormous an amount of this copper money for Gertz to deal with.

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  • In the hope of relieving his financial difficulties, the king erected a mint, where money was coined of the "worst kind of old brass, guns and the refuse of metals, melted down together," of the nominal value of £1,568,800, with which his troops were paid, and tradesmen were compelled to receive it under penalty of being hanged in case of refusal.

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  • The younger Mayhew, soon after removing to Martha's Vineyard, devoted himself to missionary work among the Indians, his work beginning at about the same time as that of John Eliot; he was lost at sea in 1657 while on his way to secure financial assistance in England, and his work was continued successfully by his father.

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  • The first ten members are elected for four years, which is also the financial period.

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  • Here explorations for copper immediately began, and for the first time in the United States the business of mining for the metals began to be developed on an extensive scale, with suitable appliances, and with financial success.

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  • The selectmen, who receive no regular salary, but may charge for expenses actually incurred, form a sort of directory or executive committee, which manages the ordinary administrative and financial business under such instructions as may have been given by the town meeting.

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  • In consequence of financial embarrassments, that family had to sell both (the lordship in 1699, the county in 1713) to the Liechtenstein family, which had since the 12th century owned two castles of that name (both now ruined), one in Styria and the other a little S.W.

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  • His financial administration was disastrous, and led simply to bankruptcy.

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  • The financial system he almost completely reorganized.

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  • From the close of the Thirty Years' War to the outbreak of the French Revolution the papacy suffered abroad waning political prestige; at home, progressive financial embarrassment accompanied by a series of inadequate governmental reforms; and in the world at large, gradual diminution of reverence for spiritual authority.

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  • He abolished all privileges which were not secured by charter and imposed a more rigidly centralized scheme of government in which the activities of the provincial diet were restricted to some judicial and financial functions, and their freedom in matters of foreign policy was withdrawn altogether.

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  • But the Whig party under the lead of John Dickinson, Thomas Mifflin and Joseph Reed was successful in the state, and Pennsylvania contributed greatly to the success of the War of Independence, by the important services rendered by her statesmen, by providing troops and by the financial aid given by Robert Morris.

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  • Entering parliament in 1860 as Liberal member for Pontefract (a seat that he continued to hold till 1885), he became civil lord of the admiralty in 1864, and in 1865 financial secretary to the treasury.

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  • He retired from parliament in 1892, and died on the 29th of January 1896, his last piece of work being the drafting of a report for the royal commission on Irish financial relations, of which he was chairman.

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  • The duties of the military quaestor, like those of the treasury quaestor, were primarily financial.

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  • He then applied his financial knowledge to banking business in Cologne, Berlin, Gotha and Leipzig.

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  • In this post Voluinsky displayed distinguished administrative and financial talents.

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  • His high reputation as a financial journalist and statistician, gained in these years, led to his appointment in 1876 as head of the statistical department in the Board of Trade, and subsequently he became assistant secretary (1882) and finally controllergeneral (1892), retiring in 1897.

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  • The mis-government and financial straits of the country brought on the outbreak of Mussulman discontent and fanaticism which eventually culminated in the murder of two consuls at Salonica and in the "Bulgarian atrocities," and cost Abd-ul-Aziz his throne.

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  • National politics were put first, to the complete ignoring of excessive taxation, financial extravagance, ignorant legislation and corruption in California.

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  • Venezelo and his followers, having obtained an amnesty, laid down their arms. A commission appointed by the powers to report on the administrative and financial situation drew up a series of recommendations in January 1906, and a constituent assembly for the revision of the constitution met at Canea in the following June.

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  • Besides, he obtained a controlling interest in the Western Union Telegraph Company, and after 1881 in the elevated railways in New York City, and was intimately connected with many of the largest railway financial operations in the United States for the twenty years following 1868.

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  • The following nine years mark the financial and commercial rehabilitation of Hungary, the establishment of a vast and original railway system which won the admiration of Europe, the liberation and expansion of her over-sea trade, the conversion of her national debt under the most favourable conditions and the consequent equilibrium of her finances.

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  • Wekerle, essentially a business man, had taken office for the express purpose of equilibrating the finances, but the religious question aroused by the encroachments of the Catholic clergy, and notably their insistence on the baptism of the children of mixed marriages, had by this time (1893-1894) excluded all others, and the government were forced to postpone their financial programme to its consideration.

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  • The majority he obtained on this occasion enabled him, however, to carry through the Army Education Bill, which tended to magyarize the Hungarian portion of the joint army; and another period of comparative calm ensued, during which Banffy attempted to adjust various outstanding financial and economical differences with Austria.

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  • His successor, Kalman Szell, obtained an immense but artificial Szell, majority by a fresh fusion of parties, and the minority pledged itself to grant an indemnity for the extra parliamentary financial decrees rendered necessary by Hungary's understanding with Austria, as well as to cease from obstruction.

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  • A trial of strength took place between him and Mr de Justh, the champion of the extreme demands in the matter of Hungarian financial and economic autonomy; on the 7th of November rival banquets were held, one at Mako, Justh's constituency, over which he presided, one at Budapest with Kossuth in the chair; the attendance at each foreshadowed the outcome of the general meeting of the party held at Budapest on the 11th, when Kossuth found himself in a minority of 46.

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  • He refused to follow the financial policy of his party in 1862, and delivered a notable speech against the passage of the Legal Tender Act, which made a certain class of treasury notes receivable for all public and private debts.

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  • The financial authority estimates what additional amount beyond revenue is required for the expenses of administration, and levies a rate to meet it.

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  • He issued an important constitution on the 18th of July 1289, which granted to the cardinals one-half of all income accruing to the Roman see and a share in the financial management, and thereby paved the way for that independence of the college of cardinals which, in the following century, was to be of detriment to the papacy.

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  • The well-established doctrine that the House of Lords could not amend, though it might reject, a money-bill, coupled with the fact that it never had gone so far as to reject a budget, was relied on by the extremists as dictating the obvious party tactics; and before the year 1909 opened, the possibility of the Lords being driven to compel a dissolution by standing on their extreme rights as regards the financial provision for the year was already canvassed in political circles, though it was hardly credited that the government would precipitate a constitutional crisis of such magnitude.

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  • From his boyhood he devoted himself to acquiring a literary reputation, and throughout his life, in spite of financial and other difficulties, he adhered to his original intention.

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  • At his accession the financial straits of the treasury were such that the usual donative could not be given to the janissaries.

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  • But under his rule something was done towards systematizing the royal taxes, and, as in England, the financial needs of the king led to the association of the people in the work of government.

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  • The financial position of the crown was the most important of all the problems demanding solution, for upon that everything else depended.

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  • But an effective reforming monarchy must stand upon a sound financial basis; and the usual revenues of the crown, always inadequate, were so diminished that they did not cover half the daily expenses of government.

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  • It saddled Belgium with a portion of Holland's debt, and a severe financial crisis followed.

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  • Albert Nyssens, Catholic The Nys- deputy and professor of penal procedure and colnmercial law at the university of Louvain, and on the Y In 1889 King Leopold announced that he had by his will bequeathed the Congo state to Belgium, and in 1890 the Belgian government, in return for financial help, acquired the right of annexing the country under certain conditions.

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  • The financial situation of Paraguay has been a source of anxiety for many years.

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  • In that history the gradual development of commerce, the financial reforms in 1895, and the extension of the Paraguay Central railway after 1906, were events of far greater importance than any political movement which took place between 1870 and 1910.

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  • Near the north-east angle of Intramuros is the Bridge of Spain, a stone structure across the Pasig, leading to Binondo, the principal shopping and financial district;.

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  • The large canals and reservoirs built by corporations had rarely been successful from a financial standpoint, and irrigation construction during the latter part of the decade1890-1899was relatively small.

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  • The imperial treasury (Reiciisschatzamt), or exchequer, is the head financial office of the empire.

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  • It was not expected that these would become chronic, but in a few years, and emphatically by the early eighties, they were found to be an essential part of the financial system, owing to regular deficits.

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  • In doing this he placed himself in opposition to both the financial and the economic doctrines of the Liberals.

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  • It was apparent that there was no prospect of his being able to carry through the great financial reform which he contemplated.

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  • By the support of some of the great financial firms they succeeded in forming a company, which carried on the business and undertook fresh settlements on the islands to the north of New Guinea.

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  • The Conservatives distrusted the financial activity which centred round the Exchanges of Berlin and other towns, and in this they had the sympathy of Agrarians and Anti-S emites, as well as of the Centre.

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  • At this time Patmore's father became involved in financial embarrassments; and in 1846 Monckton Milnes secured for the son an assistant-librarianship in the British Museum, a post which he occupied industriously for nineteen years, devoting his spare time to poetry.

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  • Owing to the excellence of the municipal system there has been a tendency to devolve thereon, in whole or in part, certain financial burdens on the plea of decentralization.

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  • Every school, public, separate or high, shares in the provincial grant, but the chief financial burden falls on the local authorities.

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  • That period of crisis witnessed two great changes in American financial policy, the establishment of a national banking system and the issue of a legal tender paper currency.

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  • The issue of legal tenders, the greatest financial blunder of the war, was made contrary to his wishes, although he did not, as he perhaps ought to have done, push his opposition to the point of resigning.

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  • In this predicament Morton appointed a bureau of finance, and appealed for financial aid to private individuals, bankers, the counties, and even the Federal government.

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  • Bodies were established for executive, financial and judicial purposes, the Austrian lands constituted one of the imperial circles which were established in 1512, and in 1518 representatives of the various diets (Landtage) met at Innsbruck, a proceeding which marks the beginning of an organic unity in the Austrian lands.

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  • The Germans, however, could at least hope that in the future the financial arrangements might be revised; the complaints of the Slav races were political, and within the constitution there was no means of remedy, for, while the settlement gave to the Hungarians all that they demanded, it deprived the Bohemians or Galicians of any hope that they would be able to obtain similar independence.

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  • In the summer of 1867, however (the Austrian Reichsrath having met), the two parliaments each elected a deputation of fifteen members to arrange the financial settlement.

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  • After the financial question had been thus settled, the whole of these arrangements were then, on the 21st and the 24th of December 1867, enacted by the two parliaments, and the system of dualism was established.

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  • The opposition of the Hungarians and financial difficulties probably prevented a warlike policy.

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  • At the renewal of the periodical financial and economic settlement (Ausgleich) in 1877 no important change was made, but in 1882 the system of compulsory service was extended to Bosnia and Herzegovina, and a reorganization was carried out, including the introduction of army corps and local organization on the Prussian plan.

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  • The result of these and other laws was an improvement in financial conditions, which enabled the government at last to take in hand the long-delayed task of reforming the currency.

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  • It is indeed remarkable that notwithstanding the complicated machinery of the dual monarchy, and the numerous obstacles which have to be overcome before a reform affecting both countries can be carried out, the financial, the commercial, and the foreign policy has been conducted since 1870 with success.

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  • Each of the financial and economic reforms described above was, of course, the subject of a separate law, but, so far as they are determined at the general settlement which takes The place between Austria and Hungary every ten years, they are comprised under the expression " Ausgleich " with (compact or compromise), which includes especially Hungary.

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  • In this settlement a concession on commercial policy would be set off against a gain on the financial agreement; e.g.

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  • When, therefore, the government at the end of 1897 introduced the necessary measures for prolonging the existing arrangements provisionally till the differences with Hungary had been settled, scenes of great disorder ensued, and at the end of the year the financial arrangements had not been prolonged, and neither the bank charter nor the Customs Union had been renewed.

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  • Among them were nearly all the representatives of trade and industry, of commercial enterprise and financial speculation; they were the men who hoped to make Austria a great industrial state, and at this time they were much occupied with railway enterprise.

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  • For the next two years political interest was transferred from parliament to the law courts, in which financial scandals were exposed, and the reputations of some of the leading politicians were destroyed.'

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  • The island itself was divided for financial purposes, almost as in the older times, into the two divisions of Syracuse and Lilybaeum.

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  • Moreover sea power was not everything, and delay exhausted the financial reserves of the state, while financial considerations, as we have seen, were comparatively unimportant to the Peloponnesians.

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  • The war, which, probably because of financial trouble, the Spartans had neglected to pursue when Athens was thus in the throes of political convulsion, was now resumed.

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  • The Institution, through him, became one of the intellectual centres of American philanthropy, and by degrees obtained more and more financial support.

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  • By the end of the and century A.D., claims made by the imperial government upon the municipal senate are more and more changing membership of the order from an honour into an intolerable burden, and financial disorganization is calling on imperial officials in one place after another to undertake the business of government.

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  • He was a prominent supporter of the financial schemes of John Law, by which he made large sums of money.

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  • To these is added a British financial adviser, who attends all meetings of the council of ministers, but has not a vote; on the other hand, no financial decision may be taken without his consent.

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  • Official.The Reports on the Finances, Administration and Condition of Egypt, issued yearly since 1892 (the reports 1888-1891 were exclusively financial).

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  • The important part which the financial arrangements have played in the political and social history of Egypt since the accession of Ismail Pasha in 1863 is shown in the section History of this article.

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  • After a brief period of prosperity, the Arabi rising, the riots at Alexandria, and the events generally which led to the British occupation of Egypt in 1882, followed by the losses incurred in the Sudan in the effort to prevent it falling into the hands of the Mahdi, brought Egypt once more to the verge of financial disaster.

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  • The convention left the permanent rate of interest on the debt, as fixed by the Law of Liquidation, unchanged, but to afford temporary relief to the Egyptian exchequer a reduction of 5% on the interest of the debt was granted for two years, on condition that if at the end of that period payment, including the arrears of the two years, was not resumed in full, another international commission was to be appointed to examine into the whole financial situation.

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  • The provisions of the London Convention did not exhaust the restrictions placed upon the Egyptian government in respect of financial autonomy.

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  • In 1883 the supervision exercised over the finances by French and British controllers was replaced by that of a British official called the financial adviser.

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  • The British government has declared that no financial decision shall be taken without his consent, a declaration never questioned by the Egyptian government.

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  • During the two years that followed the signing of the London Convention, the financial policy of the Egyptian government was The race directed to placing the country in a position to resume against full payment of the interest on the debt in 1887, and bank- thereby to avoid the appointment of an international IuDY.

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  • By the exercise of the most rigid economy in all branches this end was attained, though budgetary equilibrium was only secured by a variety of financial expedients, justified by the vital importance of saving Egypt from further international interference.

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  • It was not until his report on the financial results of 1888 that Sir Evelyn Baring (afterwards Lord Cromer) was able to inform the British government that the situation was such that it would take a series of untoward events seriously to endanger the stability of Egyptian finance and the solvency of the Egyptian government.

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  • From this moment the corner was turned, and the era of financial prosperity commenced.

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  • With the accumulating proofs of the financial stability of the country various changes were made in connection with the debt charges.

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  • At the same time it is believed that but for the faculty given by the decree of 1888 to spend the General Reserve Fund on public works, the financial system elaborated by the London Convention would have broken down altogether.

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  • Twelve medical and two veterinary officers are also employed departmentally, as well as officers acting as directors of supply, &c. Since the assumption of command by the third sirdar, Colonel (afterwards Lord) Kitchener, the ordnance, supply and engineer services have been separately administered, and a financial secretary is charged with the duty of preparing the budget, making contracts, &c. The total annual expenditure is 500,000.

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  • Financial transactions by Jews settled at the southern extremity of Egypt, at Assuan, are found as early as the reign of Artaxerxes.

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  • A great financial reform was now effected by Mahommed Pasha, who readjusted the burdens imposed on the different communities of Egypt in accordance with their means.

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  • In 1844-1845 there was some improvement in the condition of the country as a result of financial reforms the pasha was compelled to execute.

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  • This comparatively small financial operation brought about the long-delayed crisis and paved the way for the future prosperity of Egypt, for it induced the British government to inquire more carefully into the financial condition of the country.

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  • The Dual Control had been abolished by a khedivial decree of 18th January 1883, and1replaced by an English financial adviser.

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  • But though Dual Control was at an end, the Caisse de la Dette remained, and this body was to prove a constant clog on the financial measures of the Egyptian government.

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  • To free itself from its financial difficulties the government adopted a heroic remedy which only created fresh troubles.

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  • On the advice of Lord Northbrook, who was sent out to Cairo in September 1884 to examine the financial situation, certain revenues which should have been paid into the Caisse for the benefit of the bondholders were paid into the treasury for the ordinary needs of the administration.

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  • By it Egypt achieved in effect financial independence.

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  • The power of the Caisse de la Dette, which had virtually controlled the execution of the international agreements concerning the finances, was swept away, together with almost all the other financial fetters binding Egypt.

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  • The Egyptian government was henceforth free to take full advantage of the financial prosperity of the country.

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  • The noisy Nationalist agitation which was maintained during this period of financial stringency reacted unfavourably on public order.

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  • The financial position of the municipalities in Denmark is generally good.

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  • The enormous increase of the royal revenue consequent upon the confiscation of the property of the Church could not fail to increase the financial stability of the monarchy.

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  • The old church had, indeed, frequently rendered the state considerable financial aid, but such voluntary assistance was, from the nature of the case, casual and arbitrary.

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  • The struggle now seemed to be ended, and the financial question having also been settled, the king, had he been so minded, might have dismissed the Estates.

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  • In January 1661 a land commission was appointed to investigate the financial and economical conditions of the kingdoms; the fiefs were transformed into counties; the nobles were deprived of their immunity from taxation; and in July 1662 the Norwegian towns received special privileges, including the monopoly of the lucrative timber trade.

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  • Perceiving that the coming struggle would be essentially a financial one, he retained the ministry of finance in his own hands; and, strong in the support of the king, the Landsting, and a considerable minority in the country itself, he devoted himself to the double task of establishing the political parity of the Landsting with the Folketing and strengthening the national armaments, so that, in the event of a war between the European great powers, Denmark might be able to defend her neutrality.

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  • As an agreement between the two houses on the budget proved impossible, a provisional financial decree was issued on the 12th of April 1877, which the Left stigmatized as a breach of the constitution.

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  • When therefore the Rigsdag rejected the budget, he advised the king to issue another provisional financial decree.

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  • The whole question of the provisional financial decrees was ultimately regularized by a special resolution of the Rigsdag; and the retirement of the Estrup ministry in August 1894 was the immediate result of the compromise.

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  • In his financial administration of the empire, Justinian is represented to us as being at once rapacious and extravagant.

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  • Financial necessities compelled retrenchment, so that a certain number of offices were suppressed altogether, much to the disgust of the office-holding class, which was numerous and wealthy, and had almost come to look on the civil service as its hereditary possession.

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  • Thus no result of permanent importance flowed from these Persian wars, except that they greatly weakened the Roman Empire, increased Justinian's financial embarrassments, and prevented him from prosecuting with sufficient vigour his enterprises in the West.

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  • He acquired repute as an able lawyer and a rising politician, and especially for his knowledge of financial questions.

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  • In 1869-1875 he was United States senator from Missouri, and made a great reputation (especially in 1873-1874) by his speeches on financial subjects.

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  • His resignation was brought about by his connexion with a financial company which went into liquidation in circumstances calling for the official intervention of the board of trade.

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  • Further steps were taken after Goluchowski's interview with the tsar at Miirzsteg in 1903, and two civil agents representing the countries were appointed for two years to ensure the execution of the promised reforms. This period was extended in 1905, when Goluchowski was the chief mover in forcing the Porte, by an international naval demonstration at Mitylene, to accept financial control by the powers in Macedonia.

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  • The first is the oldest and most crowded section, and is now devoted chiefly to the commercial and financial interests of the port; here are the custom house, merchants' exchange (Praga do Commercio), shipping offices, banks and wholesale houses.

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  • A year after his marriage he had been stricken down by severe illness, from the effects of which he was never completely to recover; financial cares followed, which were relieved unexpectedly by the generosity of the hereditary prince of Holstein-Augustenburg and his minister, Graf Schimmelmann, who conferred upon him a pension of moo talers a year for three years.

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  • Under provisions of the Financial Relations Acts of 1913 and 1917 the Union Government pays to the provinces an annual subsidy amounting to one-half of the estimated normal provincial expenditure for the year.

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  • This financial dependence of the provinces on the Union Government emphasizes their subordinate position and is a guarantee against any tendency in the provinces to go beyond the scope of local affairs.

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  • A Bureau of Labor Statistics (1879), whose members are styled Commissioners of Labor, makes a study of economic and financial problems and publishes biennial reports; a Mining Board (1883) and an inspector of factories and workshops (since 1893) have for their duty the enforcement of labour legislation.

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  • The financial and industrial policy of the state was unfortunate.

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  • It must again be decided whether the financial circumstances of candidates are to be taken into account; are scholarships intended as prizes, or as a means of enabling poor students to obtain a university education ?

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  • Yet behind these unconvincing shadows of an imperial court with its financial difficulties, of the classical Walpurgisnacht, of the fantastic creation of the Homunculus, the noble Helena episode and the impressive mystery-scene of the close, where the centenarian Faust finally triumphs over the powers of evil, there lies a philosophy of life, a ripe wisdom born of experience, such as no European poet had given to the world since the Renaissance.

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  • In the last half of 1920 the great fall in prices, at a time when the administration had placed heavy export duties on cotton, tea and tobacco, caused a financial crisis.

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  • But in 1522 when war was again declared he emphatically refused to bear any part of the responsibility, and in 1523 he opposed in convocation the financial demands which met with a more strenuous resistance in the House of Commons.

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  • A speech made by Lasker on the 7th of February 1873, in which he attacked the management of the Pomeranian railway, caused a great sensation, and his exposure of the financial mismanagement brought about the fall of Hermann Wagener, one of Bismarck's most trusted assistants.

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  • He refused to follow Bismarck in his financial and economic policy after 1878; always unsympathetic to the chancellor, he was now selected for his most bitter attacks.

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  • His financial troubles and coarse and truculent character, however, soon made the town too hot to hold him; and in 1771 he was glad to accept the offer of the post of professor of theology and preacher at Giessen.

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  • El Ansador Comercial (1868; evening) is devoted almost exclusively to commercial and financial news.

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  • These two men, antipodal in temperament and political belief, clashed in irreconcilable hostility, and in the conflict of public sentiment, first on the financial measures of Hamilton, and then on the questions with regard to France and Great Britain, Jefferson's sympathies being predominantly with the former, Hamilton's with the latter, they formed about themselves the two great parties of Democrats and Federalists.

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  • His financial affairs in these last years gave him grave concern.

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  • Though his eloquence had done more than anything else to make practicable a union of the British North American provinces, he opposed confederation, largely owing to wounded vanity; but on finding it impossible to obtain from the imperial authorities the repeal of the British North America Act, he refused to join his associates in the extreme measures which were advocated, and on the promise from the Canadian government of better financial terms to his native province, entered (on the 30th of January 1869) the cabinet of Sir John Macdonald as president of the council.

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  • Loftus was constantly occupied in attempts to improve his financial position by obtaining additional preferment.

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  • In the constitution of 1669, under the pressure of a large public debt, the great companies yielded a specified share in the financial administration to the leading gilds of tradesmen.

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  • Apart from legislation, the members of the council enjoy the right to interpellate the government on all matters of public interest, including the putting of supplementary questions; the right to move and discuss general resolutions, which, if carried, have effect only as recommendations; and the right to discuss and criticize in detail the budget, or annual financial statement.

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  • When the Company obtained the diwdni or financial administration of Bengal in 1765, the theory of a settlement, as described above, was unknown.

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  • The provinces of Allahabad and Kora, forming the lower part of the Doab, were handed over to Shah Alam himself, who in his turn granted to the company the diwani or financial administration of Bengal, Behar and Orissa, together with the Northern Circars.

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  • To grapple with this deficit, James Wilson was sent out from the treasury as financial member of council.

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  • The government soon found itself in financial difficulties, owing to Championnet's demands for money; it failed to organize the army, and met with scant success in its attempts to "democratize " the provinces.

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  • The work was begun in the autumn of 1908, but financial difficulties with property owners in Resina immediately arose with the result that progress was practically stopped.

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  • The ciudad vieja is largely devoted to commercial, shipping and financial interests.

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  • In addition to the reckless speculation of this period, there were continued political dissensions, repeated dictatorships and financial mismanagement on the part of the government.

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  • The commercial and financial collapse that followed lasted through the greater part of the last three decades of the century; but settled government and improved finances subsequently contributed to a slow but steady recovery in the trade and industrial activities of the city.

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  • At this time prisons were primarily places of detention, not of punishment, peopled by accused persons, still innocent in the eyes of the law, and debtors guilty only of breaches of the financial rules of a commercial country, framed chiefly in the interest of the creditor.

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  • After the administration of justice he directed his organizing activity, as the circumstances demanded, chiefly towards financial questions - the incidence of taxation in the conquered territories,' and the application of the vast resources which poured into the treasury at Medina.

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  • At the age of fourteen years Ziyad was charged with the financial administration of the Basrian army.

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  • Abi Moslim, who had been at the head of the financial department in Irak under IIajjaj, and had been made governor of Africa by Yazid II., issued orders that the villagers who, having adopted Islam, were freed from tribute according to the promise of Omar II., and had left their villages for the towns, should return to their domiciles and pay the same tribute as before their conversion.

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  • His financial administration was sound and he guarded against any misuse of the revenues of the state.

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  • Instead of limiting himself to a narration of their political events, he examined their economic relations, their constitutions, their financial systems, and thus was enabled to throw a new light on the development of the old world.

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  • In 1845 with Molesworth and Raikes Currie he gave monetary assistance to Auguste Comte, then in financial difficulties.

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    0
  • The readiness with which they were accepted led to over-issue, and, consequently, financial crises.

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  • In August 1905 disturbances arose owing to an attempt by some merchants to obtain special assistance from the treasury on the pretext of embarrassment caused by Japanese financial reforms; these disturbances spread to some of the provinces, and the Japanese were compelled to make a show of force.

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  • He seems to have regarded them as a kind of garrison against feudal unruliness, while the rents they furnished increased his financial resources.

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  • The financial support of the university has been light, about three-fifths coming from the United States government.

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  • It is evident that William desired to know the financial resources of his kingdom, and probable that he wished to compare them with the existing assessment, which was one of considerable antiquity, though there are traces that it had been occasionally modified.

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  • He also wrote A Political Life of Sir Robert Peel (London, 1856); A Financial, Statistical and Monetary History of England from 1688 (London, 1847); Matter for Materialists (London, 1870); The Eve of St Mark, a Romance of Venice; and three dramas, The Statue Wife, Diocletian and Caius Marius, in addition to some fishing songs, and many contributions to various newspapers and periodicals.

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  • Afterwards the counts of the house of Dampierre fell into financial dependence on the burghers, and therefore allied themselves with the rising artisans, led by the weavers.

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  • The result, however, was financial difficulty, and in 1882 he appealed to the government for assistance, making various claims based upon the alleged possession of private estates in the Punjab, and upon the surrender of the Koh-i-nor diamond to the British Crown.

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  • The cities were represented according to size by one, two or three delegates, and bore proportionate shares in financial responsibility.

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  • He consolidated and increased the estates of the church, exercised the powers of a count, denounced simony and initiated financial reforms. The presence of this powerful and active personality, who was moreover a close friend of the emperor, was greatly resented by the Saxon duke, Bernard II., who regarded him as a spy sent by Henry into Saxony.

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  • A railway from Puerto Berrio, on the Magdalena, was begun many years before the end of the 19th century, but political and financial difficulties interposed and work was suspended when only 43 m.

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  • Temporary financial embarrassment followed, but when the Federal government had taken upon itself half the burden and established the economic administration of the commissioners, the problem of beautifying the nation's capital was solved.

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  • To this school he rendered valuable service by several pamphlets on financial questions, and numerous articles representing and advocating its views in a popular style in the Journal de l'agriculture, du commerce, et des finances, and the Ephemerides du citoyen, of which he was successively editor.

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  • Each of these large divisions presents a series of problems of which the practical treatment is illustrated in the financial history of the great nations of the world.

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  • Otherwise the financial organization has failed in one of its essential purposes.

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  • In fact the special maxims usually placed under the head of taxation have really a wider scope as governing the whole financial system.

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  • The recognition of even the most elementary rules has been a very slow process, as the course of financial history abundantly proves.

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  • Until the 18th century no scientific treatment of financial problems was attained, though there had been great advances on the administrative side.

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  • A brief description of the historical evolution of the earlier financial forms will be the most effective illustration of this statement.

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  • Financial organization makes its earliest appearance in the great Eastern monarchies, in which tribute was regularly collected and the oldest and most general form of taxation - that levied on the produce of land - was established.

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  • A much higher stage was reached in the financial methods of the Greek states, or more correctly speaking of Athens, the best-known specimen of the class.

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  • The grouping into classes and the privilege of exchanging property, granted to the contributor against any one whom he believed entitled to take his place, are marks of the defective economic and financial organization of the age.

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  • The prohibition of export of corn was an economic rather than a financial provision.

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  • Neither as financial nor as protective expedients were the custom duties of classical societies of much importance.

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  • Taken together with the liturgies, the " eisphora " placed a very heavy burden on the wealthier citizens, and this financial pressure accounts in great part for the hostility of the rich towards the democratic constitution that facilitated the imposition of graduated taxation and super-taxes - to use modern terms - on the larger incomes.

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  • Too little is known of the financial methods of the other Greek states and of the Macedonian kingdoms to allow of any definite account of their position.

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  • With the progress of the Roman dominion the financial organization grew in extent.

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  • The defects of the financial organization were a serious influence in the complex of causes that brought about the fall of the Republic.

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  • One of the reasons that induced the subject populations to accept with pleasure the establishment of the Empire was the improvement in financial treatment that it secured.

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  • Viewed broadly, the financial resources of the earlier Empire were obtained from (1) the public land alike of the state and the Princeps; (2) the monopolies, principally of minerals; (3) the land tax; (4) the customs; (5) the taxes on inheritances, on sales and on the purchase of slaves (vectigalia).

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  • Taken as a whole, the financial system of Imperial Rome shows a very high elaboration in form.

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  • For at the beginning of the principate Augustus seems to have aimed at a complete estimate of the financial situation, though this may be regarded as due to the influence of the freer republican traditions which the reverence that soon attached to the emperor's dignity completely extinguished.

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  • In addition to its value as illustrating the difficulties and defects that beset the development of a complex financial organization from the simpler forms of the city and the province, Roman finance is of special importance in consequence of its place as supplying a model or rather a guide for the administration of the states that arose on its ruins.

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  • On the financial side the work, as already suggested, was aided by the ideas and institutions inherited from the Roman Empire.

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  • Each of the great realms has, however, worked out its financial system on lines suitable to its own particular conditions, which are best considered in connexion with the separate national histories.

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  • Over and above the details of financial development there is a thread of connexion which requires treatment under Finance taken as a whole.

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  • The development can be traced in the financial history of England, France and the German states; but the advance in the French financial organization of the r 5th and 16th centuries affords the best illustration.

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  • This improvement, due to English initiative, has been adopted amongst the essential forms of financial administration on the continent.

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  • The recent history of the several financial systems of the world is decisive on this point.

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  • A clearer perception of the conditions under which the effective attainment of revenue is possible is another outcome of financial development.

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  • Security, and in particular the absence of arbitrary impositions, combined with convenient modes of collection, have come to be recognized as indispensable auxiliaries in financial administration which further aims at the selection of really productive forms of charge.

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  • Financial adjustment implies the conception of a balance, and this should be found in the relation of outlay and income.

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  • It is only when the varied systems of financial organization are studied in their general bearing, and with regard to what may be called their frame-work, that their essential resemblance is thoroughly realized.

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  • One of the most remarkable features of modern financial development has been the growth of the complementary system of local finance, which in extent and complication bids to rival that of the central authority.

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  • Under the constraining power of the Roman Empire the older city states were reduced to the position of municipalities, and their financial administration became dependent on the control of the Emperor - as is abundantly illustrated in the correspondence of Pliny and Trajan.

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  • Water supply, transport and lighting have become public services, requiring careful financial management, and still retaining traces of their earlier private character.

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  • Great Britain, France and Prussia furnish good examples of these different modes of preserving local administration from financial collapse.

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  • Though the materials are simpler, the need for a well-prepared budget is existent in the case of the city, county or department, if there is to be clear and accurate financial management.

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  • In 1698 he obtained admission as a member of the Baptist Church, and used to preach at Wapping; but in 1701, as the result of a financial scandal, he was formally expelled from the sect.

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  • In the same year we have evidence that he was already planning his great attempt at financial reform.

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  • A great financial and fiscal reform at once claimed all his energies.

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  • The career on which Colbert now entered must not be judged without constant remembrance of the utter rottenness of the previous financial administration.

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  • Henceforth his life was a hopeless struggle, and the financial and fiscal reform which, with the great exception of the establishment of the navy, was the most valuable service to France contemplated by him, came to nought.

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  • Here, with Manning as president and Hezekiah Smith (1737-1805), his class-mate at Princeton, as financial agent and influential supporter, the institution (since 1804 known as Brown University) was for many years the only degree-conferring institution controlled by Baptists.

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  • He had already become known as a barrister and as professor of financial science at the university of Naples, when he first entered Parliament in 1904.

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  • He made his reputation as an authority on economic and financial questions, and was Minister of Agriculture, Industry and Trade in the Giolitti Cabinet of 1911-4.

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  • The development of the trade with countries outside India from 1828 to 1906 may be seen by the following figures of End of calendar year, the remainder being taken to the 31st of March, the end of financial year.

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  • The figures are taken to the 31st of March, the end of the Indian financial year.

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  • He entered the Italian Senate in 1871, and had already secured a reputation as a financial expert before his Questione monetaria appeared in 1874.

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  • The see of Vincennes was created in 1834; and Brute, nominated its first bishop and consecrated in the same year, went to France for financial aid, with which he built his cathedral and several useful institutions.

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  • A vote of the chamber compelled him to resign before his preparations for financial restoration were complete; but in 1869 he returned to the ministry of finance in a cabinet formed by himself, but of which he made over the premiership to Giovanni Lanza.

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  • The Iron Institute (Jdrnkontoret) was established in 1748 as a financial institution, in which the chief iron-mining companies have shares, for the advancement of advantageous loans and the promotion of the industry generally.

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  • After a seventeen years' struggle against all manner of financial difficulties, the twofold enterprise was completed.

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  • The Caps struck at once at the weak point of their opponents by ordering a budget report to be made; and it was speedily found that the whole financial system of the Hats had been based upon reckless improvidence and c prof the wilful misrepresentation, and that the only fruit of their long rule was an enormous addition to the national debt and a depreciation of the note circulation to onethird of its face value.

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  • As the financial situation necessitated a large increase of taxation, there was much popular discontent, which culminated in riots in the streets of Stockholm (March 1848).

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  • The financial affairs of the country were found to be in a most unsatisfactory state.

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  • During these years of fiscal prosperity the country suffered much from financial crises caused by industrial stagnation, an excessive and depreciated paper currency and political disorder.

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  • The former owes its existence very largely to the war with Peru, the civil war of 1891, and the financial troubles of 1898.

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  • The nation was divided into small mutually hostile parties; there were ecclesiastical troubles owing to the hostility of the Church to the new republic; there were Indian risings in the south and royalist revolts in the island of Chiloe; the expenditure exceeded the revenue, and the employment of the old Spanish financial expedients naturally increased the general discontent.

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  • By the consolidation of the foreign debt, by the regular payment of interest, by the establishment of several banks, and by the negotiation of commercial treaties, the financial position of the country was improved.

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  • In 1877 a financial crisis occurred, met by the emission of paper money, but the depression was only temporary, and the country soon rallied from the effects.

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  • The cry of an acute financial crisis emanating from the fear of war with Argentina was now raised in Chile.

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  • The president was advised that the only way of averting the financial ruin of the banking institutions of the republic was to suspend the conversion law and lend from the national treasury inconvertible notes to the banks.

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  • These unsettled political circumstances checked any continuity of policy, and tended to block the passage of all useful legislation to help forward the economic development of the country and inhabitants; on the other hand, the financial situation was better by the end of 1899 than in the previous year, since all proposals for a fresh paper issue had been vetoed; and the elections for congress and municipal office at the opening of 1900 returned a majority favourable to a stable currency policy.

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  • Had it not been for the political instability of the country, the effects of the diminution of expenditure on military and naval preparations would have effected a rapid improvement in its financial position.

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  • Ministers, or their delegates may appear and speak in the national council and are responsible to that body, which also has special control of financial affairs and internal administration.

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  • However, in November 1907, when the national assembly or council demanded a budget and made inquiries as to the financial position, it was found that the expenditure foz some years past had been half a million sterling per annum in excess of the receipts and that considerable sums were owing to banks and commercial firms who had lent money.

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  • The financial administratizrn of Sad was prudent and successful, if somewhat severe, and the revenue benefited considerably under his care.

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  • He established a permanent staff to deal with legal, financial and military affairs, put on a firm basis the monetary system and the system of weights and measures, and perfected the mounted postal service.

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  • The German and Danish financial year, like that of the United Kingdom, begins on the ist of April; in France,.

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  • It came into existence after the financial crisis of 1837.

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  • His financial administration was prudent.

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  • For three years the undertaking went on quietly and simply, subject to few outward troubles other than financial, the number of associates increasing to seventy or eighty.

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  • The association was not rescued even from financial troubles by the change.

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  • They could not keep back the waves of the new civilization, they feared being swamped, and they sought vainly to maintain intact their old organization while reaping the financial benefit resulting from the working of the gold mines.

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  • In 1770 Granby, worn out by political and financial trouble, resigned all his offices, except the colonelcy of the Blues.

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  • His immense expenditure on building and the arts involved the family in financial difficulties for two generations.

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  • For the five financial years,1901-1902to 1905-1906, the average revenue of Portugal was about £13,300,000 and the average expenditure £13,466,000.

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  • Chief among these were the extent of the empire and its organization, the financial and commercial policy of its rulers, the hostility, often wantonly provoked,.

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  • The commercial and financial evils rife under the last kings of the Aviz dynasty were now repeated.

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  • His cabinet promised only slightly better terms to the foreign bondholders, but it relieved the financial tension in some degree; and by coming to an agreement with Germany in East Africa and with Great Britain in South Africa as to the delimitation of frontiers, he minimized the risks of conflict with either country.

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  • When the cortes met, on the 29th of September, the opposition accused King Carlos of complicity in grave financial scandals.

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  • He was at heavy expense throughout his stay, and even greater than his financial loss was his loss of authority and control in the church and in Harvard College because of his absence.

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  • Quiet being again restored in 1831, Santa Cruz promulgated the code of laws which bore his name, and brought the financial affairs of the country into some order; he also concluded a treaty of commerce with Peru, and for several years Bolivia remained in peace.

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  • The latter are of considerable interest, and give full information as to the sources of the revenue and its financial administration.

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  • Turkey's opponents, on the contrary, had in recent years not only rearmed themselves and secured their financial and political position, but also made those minute and careful preparations of detail which when the time comes translate themselves into smooth concentration, and regular, consistent operations.

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  • Having studied jurisprudence and political economy at the universities of Bonn, Heidelberg, Munich and Berlin, he entered the legal career at Cologne, and immediately devoted his attention to financial and commercial questions.

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  • Since admission into the Union the more interesting experiences of the state have been with internal improvements and with banking, which together resulted in serious financial distress; in the utilization of its natural resources, which have been a vast source of wealth; and in the development of its educational system, in which the state has exerted a large influence throughout the Union.

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  • From the beginning of its government under its first state constitution in 1835 until 1855 Michigan had a Democratic administration with the exception of the years 1840-1842, when opposition to the financial measures of the Democrats placed the Whigs in power.

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  • He at once took a high hand in the province by killing Cleomenes, the financial controller appointed by Alexander the Great; he also subjugated Cyrenaica.

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  • In Congress he denounced Hamilton's financial policy, opposed the Jay Treaty (1795) and the Alien and Sedition Acts, and advocated a continuance of the French alliance of 1778.

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  • Japan was compelled to give up her conquests on the Chinese mainland, so as not to interfere with the future action of Russia in Manchuria, and the financial and other schemes for increasing Russian influence in that part of the world were vigorously supported.

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  • The rapid extension of the railway system was also largely due to his energy and financial ingenuity, and he embarked on a crusade against the evils of drunkenness by organizing a government monopoly for the sale of alcohol.

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  • Sulla returned to Rome, while Lucullus remained in Asia, and by wise and generous financial reforms laid the foundation of the prosperity of the province.

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  • It suffered severely from the disastrous financial enterprise of the National Railway of Switzerland which it promoted.

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  • Stockton (1795-1866), president of the Company, contributed greatly to its financial success.

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  • Financial embarrassments a short time afterward caused Byllynge to assign his shares in trust for his creditors to three Quakers, William Penn, Gawen Lawrie and Nicholas Lucas.

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  • In 1893 a financial crisis resulted in the suspension of ten banks; but with two exceptions they were reconstructed, and by the following year the effects of the depression had passed away.

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  • As a financial centre Toronto has made remarkable advance.

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  • He derived considerable importance from the fact that he was the Quebec representative on the boards of large Canadian financial institutions.

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  • Lord Palmerston, however, preferred the less important office of secretary-at-war, charged exclusively with the financial business of the army, without a seat in the cabinet, and in this position he remained, without any signs of an ambitious temperament or of great political abilities, for twenty years (1809-1828).

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  • The auditor is a district auditor appointed by the Local Government Board under the District Auditors Act 1879, and in respect of the audit the council is charged with a stamp duty, the amount of which depends on the total of the expenditure-comprised in the financial statement.

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  • The sums so paid in respect of the duties last above mentioned, and in respect of the estate duty and spirits and beer additional duties, are distributed among the several counties in proportion to the share which the Local Government Board certify to have been received by each county during the financial year ending the 31st March 1888, out of the grants theretofore made out of the exchequer in aid of local rates.

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  • The expenses of a parish council may not, without the consent of a parish meeting, exceed the amount of a rate of threepence in the for the financial year; but with the consent of the parish meeting the limit may be increased to sixpence, exclusive of expenses under the adoptive acts.

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  • A populous section of a town, in order to promote certain financial ends, is commonly incorporated as a village without however becoming a governing organization distinct from the town.

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  • In all of them the state had a financial interest either as shareholder or as entitled to part profits.4 This system of exploitation of the country was fruitful of evil, and was mainly responsible for the bad treatment of the natives.

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  • Public opinion in Belgium was disturbed and anxious at the prospect of assuming responsibility for a vast, distant, and badly administered country, likely for years to be a severe financial drain upon the resources of the state.

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  • In 1901 Belgium renounced the repayment of its loans and the payment of interest, reserving the right to annex the state, whose financial obligations to Belgium would revive only if that kingdom should renounce its rights to annex the Congo.

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  • The expense of keeping up his mercenary establishment and the sumptuous magnificence of his court put a severe strain upon the financial resources of the state.

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  • The company having met with numberless difficulties and financial troubles, the French government, on the extinction of the company's funds, came to the rescue and provided money for the construction.

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  • He declared that American bankers should not enter into agreement with foreign institutions which had more or less a Government connexion and might therefore have political as well as financial interest in the matter.

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  • The banking business for many years was largely in the hands of high Mormon officials, and the loyalty of church members built up a remarkable financial confidence, so that no Utah banks failed even in the panic of 1893.

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  • He typifies not the wisdom of knowledge but that worldly wisdom which results in financial success, and thus he is particularly the god of the Hindu shopkeeper.

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  • They are united for certain administrative purposes under the governor of Trieste, the legal and financial authorities of which also exercise jurisdiction over the entire littoral.

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  • He published a series of ordinances organizing the royal household and affecting the financial administration, the "parlement" and the royal forests.

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  • The division, nevertheless, cannot be passed over without mention, as it is not only a common one in economic writing, but it figures largely in budget statements, financial accounts, and finance ministers' speeches - especially in the United Kingdom and France.

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  • Such classifications are, however, uninstructive, and it has been found practically necessary in financial writing to take the principal taxes by name, or by such a general grouping as that of import or stamp duties, and then describe their nature, characteristics and incidence.

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  • In this way each country has a grouping of its own, though there is a common likeness, and the experience and practice of one country assist the financial study of another.

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  • When Ismail's financial straits compelled him to agree to a commission of inquiry Riaz was the only Egyptian of known honesty sufficiently intelligent and patriotic to be named as a vice-president of the commission.

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  • For a good many years there was nothing sensational in his success, but he built up a considerable business connexion and prospered in his financial operations.

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  • Hill for the control of the Northern Pacific led to one of the most serious financial crises ever known on Wall Street.

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  • In 1866-1867 the tide of prosperity was interrupted by a financial crisis, due to the fall in the price of cotton on the termination of the American war.

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  • He published an astounding pedigree, in which, starting from " Hercules Triptolemus," he wound his way through the royal Servian line to the kinship of Moldavian voivodes, and, having won the emperor Ferdinand to his financial and military support, succeeded, though at the head of only 1600 cavalry, in routing by a bold dash the vastly superior forces of the voivode, and even in purchasing the Turkish confirmation of his usurped title.

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  • Their reigns were marked by the social, financial and political predominance of Russia, which had steadily increased since 1711.

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  • Meanwhile the gold standard had been introduced (1889), and the financial situation was regarded as satisfactory.

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  • The financial The position of the country had hitherto on the surface been very satisfactory.

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  • The Conservatives were united in wishing to meet the financial crisis by a moderate reduction of expenditure and a large increase of taxation, while the Liberal opposition advocated the permanent reduction of the annual expenditure of £800,000, which would necessitate the raising of £200,000 only by fresh taxation.

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  • This expensive practice was abolished; various checks were placed upon legislative extravagance, and upon financial, special and local legislation generally; and among reform provisions, common enough to-day, but uncommon in 1875, were those forbidding the General Assembly to make irrevocable grants of special privileges and immunities; requiring finance officials of the state to clear their accounts precedent to further eligibility to public office; preventing private gain to state officials through the deposit of public moneys in banks, or otherwise; and permitting the governor to veto specific items in general appropriation bills.

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  • In financial matters Colombia is known abroad chiefly through repeated defaults in meeting her bonded indebtedness, and through the extraordinary depreciation of her paper currency.

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  • His administration was marked by a strong effort to place the financial position of the government on a more satisfactory footing, and the internal indebtedness was substantially reduced during his rule.

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  • These and many other plans came to an end owing to financial reasons.

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  • At the outset of its career the Jameson ministry had to face a serious financial situation.

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  • The change of ministry was not accompanied by any relief in the financial situation.

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  • The depression was accentuated by the financial crisis in America, which affected adversely the wool trade, and in a more marked degree the diamond trade, leading to the partial stoppage of the Kimberley mines.

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  • It brought in the enormous sum of £1,000,312,950 from no fewer than 5,289,000 subscribers; and Mr. Law justly hailed it both as an expression of the will of the people to win the war and also as evidence of the financial ability of the country to see it to a successful conclusion.

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  • A series of extravagant entertainments given by the society during the winter of 1832 reduced its financial resources and greatly discredited it in character.

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  • Revenue by means of tribute was one of the most characteristic forms of the financial systems of ancient states.

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  • Two of the most eminent natives of the burgh were Dr Thomas Somerville (1741-1830), the historian, and James Wilson (1805-1860), founder of the Economist newspaper and the first financial member of the council for India.

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  • Livingston's final victory in the courts brought him little financial profit because of the heavy expenses of the litigation.

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  • The university was put on a sound financial footing; the number of students, less in 1881-1882 than in 1868 at the opening of the university, again increased, so that it was 585 in 1884-1885, and 2120 in 1897-1898.

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  • In his description of the empire - the exhaustion produced by excessive taxation, the financial ruin of the middle classes, the progressive decline in the morale of the army - we find the explanation of its fall before the Goths twenty years after his death.

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  • In course of time the popes, under stress of financial crises, claimed the privilege for themselves, though at first only temporarily.

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  • After a short period he gave up his commercial career, and in 1770 became a member of the council for the duchies of Julich and Berg, in which capacity he distinguished himself by his ability in financial affairs, and his zeal in social reform.

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    0
  • The state issued bonds to the value of $io,000,000, a period of wild speculation followed, and the financial panic of 1837 forced the abandonment of the proposed plan and the sale to private persons of that part already completed.

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  • The Republican members seceded, legislative appropriations were blocked, and Governor Morton was compelled to take the extraconstitutional step of arranging with a New York banking house for the payment of the interest on the state debt, of borrowing money for state expenditure on his own responsibility, and of constituting an unofficial financial bureau, which disbursed money in disregard of the state officers.

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  • Columbia is the seat of the University of Missouri, a coeducational state institution, established in 1839 and opened in 1841; it received no direct financial support from the state until 1867, and its founding was due to the selfsacrifice of the people of the county.

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  • The bulk of the council, however, was composed of knights and clerks selected by the king for their administrative or financial ability.

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  • It was the zenith of the power of the baronial anarchists, who moved from camo to camp with shameless rapidity, wresting from one or other of the two rival sovereigns some royal castle, or some dangerous grant of financial or judicial rights, at each change of allegiance.

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  • Financial he became involved in an angry controversy with his crisis.

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  • 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.

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  • These two last bore the brunt of the unpopularity of the financial policy of the king during the latter half of his reign, when the vice of avarice seems to have grown upon him beyond all reason.

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  • Under the later Plantagenets and the Lancastrian kings the great check on the power of the crown had been that financial difficulties were continually compelling the sovereign to summon parliaments.

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  • Henry was in the same position; by strict economy, by the use of foreign subsidies, by the automatic growth of his revenues during a time of peace and returning prosperity, by confiscation and forfeitures, he built himself up a financial position which rendered it unnecessary for him to make frequent appeals to parliament.

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  • In his later years he fell into the vice of hoarding money for its own sake; so necessary was it to his policy that he should be free, as far as possible, from the need for applying to parliament for money, that he became morbidly anxious to have great hoards in readiness for any possible day of financial stress.

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  • As it was their doubtful reputation and financial embarrassments enabled Henry to offer them as a gigantic bribe to the upper classes of the laity, and the Reformation parliament met for its last session early in 1536 to give effect to the reports of the visitors and to the kings and their own desires.

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  • The most important result of the breach with the parliament of 1614, however, was the resolution taken by James to seek refuge from his financial and other troubles in a close alliance with the king of Spain.

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  • But if the vice did not appear objectionable the expense did, and a new chapter in the financial history of the government was opened when the Commons, having previously gained control over taxation, proceeded to vindicate their right to control expenditure.

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  • Strengthened by the cessation of any fear of military violence, the Commons placed the crown in financial dependence on themselves by granting a large part of the revenue only for a limited term of years, and by putting strictly in force their right of appropriating that revenue to special branches of expenditure.

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  • He had at least some share in the financial ability of Walpole, and it was not till he died in 1754 that the real difficulties of a system which was based on the avoidance of difficulties had fairly to be faced.

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  • In spite, however, of the improvement in trade that ultimately resulted from these measures, there was great depression; in 1825 there was a financial crisis that caused widespread ruin, and in 1826 the misery of the laboring poor led to renewed riots and machinery smashing.

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  • The closing years of the Whig administration were largely occupied with the financial difficulties of the country.

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  • He accomplished this task partly by economical administrationfor no minister ever valued economy moreand partly by a reform of the financial system, effected in three great budgets.

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  • Two other financial measures of great importance were accomplished in Sir Robert Peels ministry.

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  • The financial bill and the coercion bill were both pressed forward, and each gave opportunities for discussion and, what was then new in parliament, for obstruction.

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  • But a grave commercial crisis of this character is often attended with other than financial consequences.

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  • It was obvious, however, that its stability would ultimately be determined by its financial policy.

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  • When the new parliament met in the autumn of 1852, it was at once plain that the issue would be determined on the rival merits of the old and the new financial systems. Disraeli courted the decision by at once bringing forward the budget, which custom, and perhaps convenience, would have justified him in postponing till the following spring.

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  • Lord Palmerston, however, with some tact postponed the controversy for the time by obtaining the appointment of a committee to search for precedents; and, after the report of the committee, he moved a series of resolutions affirming the right of the Commons to grant aids and supplies as their exclusive privilege, stating that the occasional rejection of financial measures by the Lords had always been regarded with peculiar jealousy, but declaring that the Comnions had the remedy in their own hands by so framing bills of supply as to secure their acceptance.

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  • In accordance with this suggestion the Commons in th following year again resolved to repeal the paper duties; but, instead of embodying their decision in a separate bill, they included it in the same measure which dealt with all the financial arrangements of the year, and thus threw oft the Lords the responsibility of either accepting the proposal, or of paralysing the whole machinery of administration by depriving the crown of the supplies which were required for the public services.

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  • With the possible exception of Sir Robert Peels term of office, no previous period of British history had been memorable for a series of more remarkable financial reforms. Their success redeemed the chatacter of the administration.

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  • He announced his decision in an address to his constituents, in which, among other financial reforms, he promised to repeal the income tax.

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  • But before many months were over, Lord Randolphunable to secure acceptance of a policy of financial retrenchmentresigned office, and Lord Salisbury was forced to reconstruct his ministry.

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  • So national courts of law are added to the national exchequer, and by the end of the lath century legal records become an even more important source of history than financial documents.

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  • He obtained an office in the financial department of the government; and in 1795 was made intendant of the colonies which had just been founded in Sierra Morena and Andalusia.

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  • Dr Smiles, in his Memoirs of John Murray, tells of certain pamphlets on the brightening prospects of the Spanish South American colonies, then in the first enjoyment of emancipation - pamphlets seemingly written for a Mr Powles, head of a great financial firm, whose acquaintance Disraeli had made.

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  • To gain a footing in the House of Commons was all that his confident spirit ever asked, and Froude vouches for it that he succeeded only just in time to avert financial ruin.

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  • Yet (mark his worldly wisdom) "he had never entangled his friends in his financial dealings.

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  • The government in which Disraeli was again financial minister lasted for less than eighteen months (1858-1859), and then ensued another seven years in the cold and yet colder shade of Opposition.

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  • Sheer necessity drove him, in addition, to take many private pupils; but having been ordained in 1675, he was presented by Lord North in 1684 to the living of Burstow in Surrey; and his financial position was further improved by a small inheritance on his father's death in 1688.

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  • The disastrous effects of the Terror were heightened by the financial mismanagement of the Jacobins.

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  • Even when due allowance has been made for the financial disorder which the Convention inherited from previous assemblies, and for the war which it had to wage against a formidable alliance, it cannot be acquitted of reckless and wasteful maladministration.

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  • The deacons superintend the financial affairs of the church, co-operate with the minister in the various branches of his work, assist in the visitation of the sick, attend to the church property and generally supervise the activities of the church.

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  • The total income and expenditure are each about £ 70,000 per financial period.

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  • His hatred of England and his desire to avenge the disasters of the Seven Years' War led to his support of the American States in the War of Independence, a step of which the moral and financial results had not a little to do with the Revolution of 1789.

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  • Dallas, who belonged to the financial school of Albert Gallatin, deserves to rank among America's greatest financiers.

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  • This and the necessity of indemnifying the people from whom, during the wars with Turkey (1876-1878), requisitions had been taken and money borrowed, forced the government to enter the European financial markets.

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  • The introduction of new taxes and the reorganization of the financial administration of the country could not keep pace with the increase of public expenditure, chiefly because the skupshtina was for some time reluctant to replace the old system of direct taxation by a more modern system.

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  • There is also a state council which deals with various legal and financial matters.

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  • To pay regularly the interest on the loans the government of King Milan had to undertake the unpopular task of reforming the entire financial system of the country and of increasing the taxation.

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  • After the advent to power of Dr Vladan Georgevich (October 1897) persistent and successful efforts were made to improve the country's financial and economic condition.

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  • He devoted himself especially to financial questions, and in 1882 was reporter of the budget.

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  • The first part of his life was devoted to mercantile and financial pursuits at Cadiz and then in Madrid, where he managed the affairs of and liquidated a mercantile and industrial society to the satisfaction and profit of the shareholders.

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  • Camacho took a prominent part in all financial debates and committees, was offered a seat in the Mon cabinet of 1864, and was appointed under-secretary of state finances in 1866 under Canovas and O'Donnell.

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  • A few years later Sagasta again made him finance minister under the regency of Queen Christina, but had to sacrifice him when public opinion very clearly pronounced against his too radical financial reforms and his severity in collection of taxes.

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  • He was deeply in debt, and it seems that Marius had promised him financial assistance in the event of his being appointed to the command in the Mithradatic War.

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  • This hostility, which amounted to a real vendetta, was based, not so much upon the foreign policy of its victim, his negotiation of the Armistice terms and the decisive influence which he exercised in securing the acceptance of the Treaty of Versailles; as upon his financial policy both as Finance Minister in 1919 and as the Democratic Catholic supporter and, it is said, the political adviser of the Catholic Chancellor of the Reich, Dr. Wirth, in the preparation in the summer of 1921 of a fresh scheme of taxation designed to impose new burdens upon capital and upon the prosperous landed interest.

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  • According to the report of the committee appointed by Cromwell to investigate the financial condition of Ireland, the revenue in 1654 was £197,304 and the expenditure £630,814.

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  • The financial relations between Great Britain and Ireland have long been a subject of controversy, and in 1894 a royal commission was appointed to consider them, which presented its report in 1896.

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  • In May it was intended to renew the Crimes Prevention Act, but before that was done the government was beaten on a financial question by 264 to 252, Parnell and 39 of his followers voting with the Conservatives.

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  • The financial provisions of the bill were objected to by the Nationalists as tending to keep Ireland in bondage.

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  • In the autumn of this year was published the report of the royal commission on the financial relations between England and Ireland.

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  • Besides transferring private bill legislation to Dublin on the Scottish plan, to which no one in Ireland objected, it was proposed to hand over the internal expenditure of Ireland to a financial council consisting half of nominated and half of elected members, and to give an Irish assembly the initiative in public Irish bills.

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  • In 1889 the financial agreement with Hungary was revised and the contribution of Croatia-Slavonia to the expenses shared with Hungary or common to the whole of the Dual Monarchy was raised by i %.

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  • Since 1898 the financial agreement had only been renewed from year to year.

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  • The choice of St George's made by this commission was adopted at Galatz in December 1858, and six of the seven representatives voted for its canalization; but owing to various political and financial considerations, it was ultimately decided to do nothing more in the meantime than render permanent and effective the provisional works already in progress at the Sulina mouth.

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  • During this period the colony had gone through an economic crisis by the abolition of the slave trade (1807), which had been since 1662 its chief financial support.

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  • In April 1921, a special session of the Southern (Canton) Parliament elected him to be President of the Chinese Republic, his supporters declaring the Canton " Military Government " to be the only lawfully constituted government in the country; but the influence of these Cantonese " Constitutionalists " over the other southern provinces had then become almost insignificant, and the " Military Government," prohibited by the Foreign Powers from interfering with the revenues of the Maritime Customs, was confronted by financial problems of a kind which threatened not only its reforming activities but its continued existence.

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  • The Black Death put the finishing touch to the military disasters and financial upheavals of this unlucky reign; though before his death in 1350 Philip VI.

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  • Philip the Fair had never regarded the states-general as a financial institution, but merely as a moral support.

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  • This was a political coup detat, and when the time had expired he attempted a financial coup detat by debasing the currency.

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  • In the reaction which followed his downfall royalty inherited the financial administration which the states had set up to check extravagance.

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  • The opportunity of founding political liberty upon the vote and the control of taxation, and of organizing the administration of the kingdom so as to ensure that the entire military and financial resources should be always available, was gone beyond recall.

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  • Financial and military preparations were made no less seriously when the harsh administration of the Black Prince, to whom Edward III.

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  • Thanks to their action, feudalism was attacked in its landed interest in the person of the constable de Bourbon; feudalism in its financial aspect by the execution of superintendent Semblancay and the special privileges of towns and provinces by administrative centralization.

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  • The victims of this process were the urban proletariat, whose treatment by their employers in trade became less and less protective and beneficent, and the nobility, straitened in their financial resources, uprooted from their ancient strongholds, and gradually despoiled of their power by a monarchy based On popular support.

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  • Political liberty and social justice were equally the losers by this extreme financial measure, which paved the way for a catastrophe.

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  • He therefore soon reverted to the old and worse measures, including the debasement of coinage, and put an extreme tensioU on all the springs of the financial system.

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  • Richelieu, by setting his special agents above the legal but complicated machinery of financial administration, had so corrupted it as to necessitate radical reform; all the more so because financial charges had been increased to a point far beyond what the nation could bear.

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  • It was the fiscal question that arrayed against Mazarin a coalition of all petty interests and frustrated ambitions; this was always the Achilles heel of the French monarchy, Financial which in 1648 was at the last extremity for money.

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  • Despite the queens express prohibition, the insurrectionary assembly of the Chambre Saint Louis criticized the whole financial system, founded as it was upon usury, claimed the right of voting taxes, respect for individual liberty, and the suppression of the intendants, who were a menace to the new bureaucratic feudalism.

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  • As the minister of an ambitious and magnificent king, Colbert was under the hard necessity of sacrificing everything to the wars in Flanders and the pomp of Versailles a gulf which swallowed up all the countrys wealth;and, amid a society which might be supposed submissively docile to the wishes of Louis XIV., he had to retain the most absurd financial laws, making the burden of taxation weigh heaviest on those who had no other resources than their labor, whilst landed property escaped free of charge.

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