"Insolvency" Quotes from Famous Books
 ... ago—when, as I have said, the tide was very low—I was led to consider that passage, and under the influence of it I went to my creditors and delivered up to them your box of jewels. You are aware, no doubt, that having passed through the insolvency court, and given up all that I possessed, I became legally free. This box was recovered from the deep, and restored to me after my effects had been given up to my creditors, so that I might have retained it. But I felt that this would have ...
— Under the Waves - Diving in Deep Waters • R M Ballantyne
... advancing the interests of the Company, his nights, save when sleep overcame him, to potations that would have buried an ordinary man under Alaskan snows long since. But Baranhov had fourteen years more of good service in him, and rescued the Company from insolvency again and again, nor ever played into the hands of marauding foreigners; with brain on fire he was shrewder than ...
— Rezanov • Gertrude Atherton
... at night engaged as a seamstress, in making pieces of dress for such of the neighbours as chose to employ her. My father's new house lay untenanted at the time; and though his sloop had been partially insured, the broker with whom he dealt was, it would seem, on the verge of insolvency, and having raised objections to paying the money, it was long ere any part of it could be realized. And so, with all my mother's industry, the household would have fared out ill, had it not been for the assistance lent her by her two brothers, ...
— My Schools and Schoolmasters - or The Story of my Education. • Hugh Miller
... Their statements will be confirmed, I know, by the lawyers who are engaged in settling up the estate of your father. Do not, I beg of you, inquire too closely into the details of your father's insolvency." ...
— The Crevice • William John Burns and Isabel Ostrander
... till his mind had been brought back to the affairs of his office, by the voice of Sir Raffle Buffle at the corner of the street. The idea that his bill would be dishonoured, and that tidings of his insolvency would be conveyed to the Commissioners at his Board, had been dreadful to him. The way in which he had been treated by Musselboro and Dobbs Broughton had made him hate City men, and what he supposed ...
— The Last Chronicle of Barset • Anthony Trollope
... depleted till, the most valiant resolves to keep smiling, could not prevail for ever against these insistent phenomena. One might bustle about in the morning before dinner, and in the afternoon after tea and forget that huge dark cloud of insolvency that gathered and spread in the background, but it was part of the desolation of these afternoon periods, these grey spaces of time after meals, when all one's courage had descended to the unseen battles of ...
— The History of Mr. Polly • H. G. Wells
... ignorance and madness of his predecessors! An exchequer empty, exactly at the moment when it ought to have been fullest, in order to support our tremendous operations in the East and elsewhere: in fact, a prospect of immediate national insolvency; all resources, ordinary and extraordinary, exhausted; all income anticipated: an average deficiency of revenue, actual and estimated, in the six years next preceding the 5th of January 1843, of L.10,072,000! Symptoms of social disorganization visible on the very surface of society: ...
— Blackwood's Edinburgh Magazine, No. 327 - Vol. 53, January, 1843 • Various
... have also passed insolvency laws. However, these must not in any way conflict with the provisions ...
— Our Government: Local, State, and National: Idaho Edition • J.A. James
... President had despatched an agent to England to contract with the Barings a loan of $6,000,000. Seeing the Bank to be insolvent he resolved not to renew its charter. The Bank tried to hide its insolvency by the most foolish land speculations, which had already caused such great disaster in 1818 and 1820. The issue of bank notes had given fresh spirit to speculation. These bank notes were received by the National Treasury and returned to the Bank on deposit, which again loaned them to pay for ...
— A Brief History of Panics • Clement Juglar
... brush harrows, straw collars, grapevine harness, and poor shelter for animals and crops; but were the Virginia methods any better? In these operations there was apparently a good deal of sudden profit and mushroom prosperity accompanied by a good deal of debt and insolvency. In this, too, they were like the Virginians and Carolinians. There seem to have been also a good many slaves in West Jersey, brought, as in the southern colonies, to work on the large estates, and this also, no doubt, helped ...
— The Quaker Colonies - A Chronicle of the Proprietors of the Delaware, Volume 8 - in The Chronicles Of America Series • Sydney G. Fisher
... party of wreckers who pitched their camps on Snake Island, where they had plenty of grass, scrub, and timber. The work of taking out the cargo was continued under various captains for six years, and then Mr. Grose lost a schooner and was himself landed in the Court of Insolvency. ...
— The Book of the Bush • George Dunderdale
... fraught with certain ruin to producers. It is causing in the United States a condition frightful to contemplate. The mass of debts is piling up at a ratio that absolutely threatens, if a halt in the automatic process is not soon called, a universal insolvency. Indeed a general liquidation is already impossible. He is no alarmist who counsels a timely and rational remedy as not only demanded by justice, but as anticipatory of violent readjustment. Under such disquieting conditions ...
— The Arena - Volume 18, No. 92, July, 1897 • Various
... famine, drought. dole, mite, pittance; short allowance, short commons; half rations; banyan day. emptiness, poorness &c. Adj.; depletion, vacancy, flaccidity; ebb tide; low water; " a beggarly account of empty boxes " [Romeo and Jul.]; indigence &c. 804; insolvency &c. (nonpayment) 808. V. be insufficient &c. Adj.; not suffice &c. 639; come short of &c. 304 run dry. want, lack, need, require; caret; be in want &c. (poor) 804, live from hand to mouth. render insufficient ...
— Roget's Thesaurus
... Nay finally, a Patriotic Contribution, of the forcible sort, must be determined on, though unwillingly: let the fourth part of your declared yearly revenue, for this once only, be paid down; so shall a National Assembly make the Constitution, undistracted at least by insolvency. Their own wages, as settled on the 17th of August, are but Eighteen Francs a day, each man; but the Public Service must have sinews, must have money. To appease the Deficit; not to 'combler, or choke the Deficit,' if you or mortal could! For withal, as Mirabeau was heard saying, ...
— The French Revolution • Thomas Carlyle
... happened to be a usurper. We ourselves made the Rajah of Oude into a king; we ourselves more than once saved the supreme Shah (i. e. the Great Mogul) from military ruin, and for many a year saved him and his from the painful condition of insolvency. But all this is said in the way of parenthesis. In another number, a sketch of our Indian Empire, in its growth and early oscillations, may be presented to the reader, specially adapted to the use of those whose reading ...
— The Uncollected Writings of Thomas de Quincey—Vol. 1 - With a Preface and Annotations by James Hogg • Thomas de Quincey
... anywhere. Public spirit abounded, and the men of that day evidently felt as men should feel who are destined to be the ancestors of great cities. In 1837, when the business affairs of Chicago were in a distressing state, and private insolvency was rather the rule than the exception, many debtors and a few demagogues called a public meeting, the real though not the avowed object of which was to bring about some form of repudiation. Some inflammatory suggestions, designed to excite to desperate thoughts those whose affairs ...
— The Continental Monthly, Vol. III, No. V, May, 1863 - Devoted to Literature and National Policy • Various
... likely to make prompt payment. M. Metivier, using this discretion, served a summons upon Lucien. Behold the successive stages of the proceedings, all of them perfectly futile. Metivier, with the Cointets behind him, knew that Lucien was not in a position to pay, but insolvency in fact is not insolvency in law until it has ...
— Lost Illusions • Honore De Balzac
... Louisbourg embodied everything they feared and hated: interference with seaborne commerce, rank popery, French domination, trouble with Acadia, and the chance of being themselves attacked. When the petition was presented to both Houses, the whole subject was again debated. Provincial insolvency and the absence of either a fleet or an army were urged by the Opposition. But the fighting party put forth all their strength and pleaded that delay meant reinforcements for Louisbourg and a good chance lost for ever. The vote would have been a tie ...
— The Great Fortress - A Chronicle of Louisbourg 1720-1760 • William Wood
... the matter of Treason the pig would appear To have aided, but scarcely abetted: While the charge of Insolvency fails, it is clear, If you grant the plea ...
— The Hunting of the Snark - an Agony, in Eight Fits • Lewis Carroll
... a thing that is due, and must be paid by every man who would avoid present discredit and eventual moral insolvency. It is an obligation—a debt—which can only be discharged by voluntary effort and resolute action in the ...
— How to Get on in the World - A Ladder to Practical Success • Major A.R. Calhoon
... but in Wall Street. Some people said he had speculated unfortunately in railways, others that he was being bled by one of the most insatiable members of her profession; and to every report of threatened insolvency Beaufort replied by a fresh extravagance: the building of a new row of orchid-houses, the purchase of a new string of race-horses, or the addition of a new Meissonnier ...
— The Age of Innocence • Edith Wharton
... sacrifice, at the bidding of the more provident and conservative proprietors of competing lines. Instead of inducing a more prudent course, these disastrous results only served to feed the spirit of rivalry, and general insolvency seemed to threaten the permanent prosperity of the telegraph business, in consequence of the wild and reckless competition which appeared to be ...
— The Great Events by Famous Historians, Vol. 17 • Charles Francis Horne
... in the context of everlasting life; like the thunder-flash in the stormy sky, not on the laboratory wire. Pain on that scale has its harmony in great love; for by hurting love it reveals the infinity of love in all its truth and beauty. On the other hand, the pain involved in business insolvency is discordant; it kills and consumes till nothing remains ...
— Creative Unity • Rabindranath Tagore
... which, as we shall see presently, consisted of gain coupled with the risk of loss. It could not be lost sight of, however, that in fact there might be a risk of the loan not being repaid through the insolvency of the borrower, or some other cause, and the question arose whether the lender could justly claim any compensation for the undertaking of this risk. 'Regarded as an extrinsic title, risk of losing the principal ...
— An Essay on Mediaeval Economic Teaching • George O'Brien
... inculcated, and held to be virtues which all should be careful to practice. Honesty and fair dealing were enforced by custom, which had a more powerful influence, in their mutual transactions, than the legal enactments of later periods. Insolvency was considered disgraceful, and prima facie a crime. Bankrupts surrendered their all, and then clad in a party colored clouted garment, with hose of different sets, had their hips dashed against a stone in presence of the people, ...
— An Historical Account of the Settlements of Scotch Highlanders in America • J. P. MacLean
... financial methods. Each year brought an increase of taxation and an increase of debt; and at the beginning of 1797 the directors of the Bank of England, in dire perplexity, told Pitt that the state, for all his expedients, was threatened with insolvency. Pitt did not falter. An order in council was issued, suspending cash payments at the bank. Thus was established a gigantic system of paper credit, giving us power to cope with no less gigantic foes. Cash payments ...
— The World's Greatest Books, Vol X • Various
... doubtless lead to many bankruptcies, if not to a genuine crisis. It will also give tempting opportunities to investors. The likelihood of a genuine panic is lessened by the fact that every one recognizes the real cause of the disturbance and that insolvency is not suspected. According to the best commercial observers, the previous liquidation had been fairly well completed. Unless they are mistaken, disaster will not be ...
— The New York Times Current History of the European War, Vol. 1, January 9, 1915 - What Americans Say to Europe • Various
... indeed impracticable: the guilt of adultery was multiplied by daily repetition; that of homicide might involve the massacre of a whole people; each act was separately numbered; and, in those times of anarchy and vice, a modest sinner might easily incur a debt of three hundred years. His insolvency was relieved by a commutation, or indulgence: a year of penance was appreciated at twenty-six solidi [24] of silver, about four pounds sterling, for the rich; at three solidi, or nine shillings, for the indigent: and these alms were soon appropriated to the use ...
— The History of The Decline and Fall of the Roman Empire - Volume 5 • Edward Gibbon
... political revolution. The grand obstacle would be the unsettled claims. A has given B a show-dinner, and it is the duty of B to return it. Invitation for invitation is the law of the game. How, then, stands the account? Would it be necessary to institute a dinner-insolvency court, where all defaulters might take the benefit of the act? We think not. No creditor in his senses would refuse a handsome composition; and if it could be shewn—as it might in the present case—that ...
— Chambers's Edinburgh Journal, No. 428 - Volume 17, New Series, March 13, 1852 • Various |
