"Present worth" Quotes from Famous Books
 ... Cortez, the Tlascalans dwelt in cities rivaling the most polished and commercial cities of Europe; according to Diaz, they were so poor that they were unable to make a present worth twenty dollars! Cortez gives a view of "a large wall of dry stone, about nine feet in height, which extends across the valley from one mountain to the other: it was twenty feet in thickness, surmounted throughout its whole extent ...
— Mexico and its Religion • Robert A. Wilson
... we sufficiently deplore the loss of Canada, with all its present value and with all its future hope—a possession of which all the difficulties were already overcome, and of which the consequent advantages were secure and within reach! That loss might have been guarded against—yes, that land consecrated by the blood of ...
— Famous Firesides of French Canada • Mary Wilson Alloway
... each horse archer received 6 deniers, each squire 12 deniers or 1 sol, each knight 2 sols, each knight banneret 4 sols. 20 sols went to the pound, and although the exact value of money in those days relative to that which it bears at the present time is doubtful, it may be placed at twelve times the present value. Therefore each horse archer received an equivalent to 6s. a day, each squire 12s., each knight 24s., and each ...
— Saint George for England • G. A. Henty
... enraged or elated? A hundred years ago the state of the picture-market was different: that dreary old Italian stock was much higher than at present; Rembrandt himself, a close man, was known to be in difficulties. If ghosts are fond of money still, what a wrath his must be at the present value of his works! ...
— Roundabout Papers • William Makepeace Thackeray
... ill-gotten wealth by his successor—Obligations of the treaty of 1801, by which Oude was divided into two equal shares—One transferred to the British Government, one reserved by Oude—Estimated value of each at the time of treaty—Present value of each—The sovereign often warned that unless he governs as he ought, the British Government cannot support him, but must interpose and take the administration upon itself—All such warnings have been utterly disregarded—No security to life or property in ...
— A Journey through the Kingdom of Oude, Volumes I & II • William Sleeman
... of Gaunt had returned to England, and the king had taken the government into his own hands, Chaucer was appointed clerk of the works at various royal palaces at a salary of two shillings a day, or over L31 a year, worth upwards of L500 present value. To this post was subsequently added the charge of some repairs at St George's Chapel, Windsor. He was also made a commissioner to maintain the banks of the Thames between Woolwich and Greenwich, and was given by the earl of March (grandson of Lionel, duke of Clarence, ...
— Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 1 - "Chtelet" to "Chicago" • Various
... with so much of hard labor and wearisome toil. And then the blow fell. New York was claiming all this tract of land as part of her province, and declaring New Hampshire grants to be null and void. A second payment for their farms was demanded, based upon their present value as improved property. ...
— Great Men and Famous Women. Vol. 5 of 8 • Various
... referred to in Chap. xxxi. Before the wars, a buffalo could be got for P10 in places, such as hemp districts, where ploughing is seldom necessary, whilst in the sugar-yielding Island of Negros P30 was about the lowest price for an average trained animal. The present value is from ...
— The Philippine Islands • John Foreman
... obtained of the extent to which the estimated wealth of the country is in the form of land, its immediate products, and buildings. Furthermore, it must be remembered that great quantities of ore lands, timber lands, waterpower sites, etc., are assessed at only a fraction of their total present value. ...
— The American Empire • Scott Nearing
... increase in value, provided that the supply does not increase equally fast; and with silver that is an impossibility. If you think government cannot add value to a metal, consider this conundrum: What would be the present value of gold if all nations should demonetize it? It can be calculated approximately. There is on hand enough gold to supply the arts for forty years at the present rate of consumption. What, then, is the present value of a commodity of which the world ...
— If Not Silver, What? • John W. Bookwalter
... Proposal' (Works, iv. 540), where Bentham takes money as representing pleasure, and shows how the present value may be calculated like that of a sum put out to interest. The same assumption is often made by Political ...
— The English Utilitarians, Volume I. • Leslie Stephen
... aquatic boxes, fishing-tubes, with a host of other articles, all of which would have been useful in the hands of an experienced microscopist, but, as I afterwards discovered, were not of the slightest present value to me. It takes years of practice to know how to use a complicated microscope. The optician looked suspiciously at me as I made these wholesale purchases. He evidently was uncertain whether to set me down as some scientific celebrity or a madman. I think he ...
— The Atlantic Monthly, Vol. I., No. 3, January 1858 - A Magazine of Literature, Art, and Politics • Various
... especially of credit intended for productive purposes. This is a consequence of the greater division of labor which causes unfinished products to be put on the market more and more frequently,—products which come to have a value only after some time, but which, when that time has elapsed, have present value. And, indeed, as the world advances and civilization grows, it becomes much easier to forecast the future with certainty. The future, also, then becomes more a source of solicitude, and fixed capital, as a consequence, plays a part which grows daily more important. The ...
— Principles Of Political Economy • William Roscher
... The gold crown was then worth 1 livre 15 sous. Multiplying this by 31, in order to find its present value, we learn that the sum which Bayard received from his mother would to-day be worth 266 francs, ...
— Bayard: The Good Knight Without Fear And Without Reproach • Christopher Hare
... sketch for this on a child's slate, which is still preserved as a treasure. But the most famous of this master's early works is the "Cat's Paw," in which a monkey uses a cat's paw to draw chestnuts from a hot stove. Landseer was paid one hundred pounds; its present value is three thousand pounds, and it is kept at the seat of ...
— A History of Art for Beginners and Students: Painting, Sculpture, Architecture - Painting • Clara Erskine Clement
... of an event is considered as the present value, or worth, of whatsoever sum or thing is depending on the happening of that event. Therefore if the expectation on an event be divided by the value of the thing expected, on the happening of that event, the quotient will be the probability ...
— The Gaming Table: Its Votaries and Victims - Volume II (of II) • Andrew Steinmetz
... captain—very sad inteed" "Sad—you may say that, Moses. But I am honest although poor, and here is your bill of lading for your two barrels of provisions; Prime mess, it says damned tough, say I—Howsomedever," pulling out his purse, "the present value on Bogle, Jopp, and Co's. wharf is L.5, 6s. 8d. the barrel; so there are two doubloons, Moses, and now discharge the account on the back of the bill of lading, will you?" "Vy should I take payment, captain? if de"—(pork stuck ...
— Tom Cringle's Log • Michael Scott
... say about history," was the direct discouraging comment of an older officer. On the other hand, Sir Geoffrey Hornby, less well known in this country than in Great Britain, where twenty years ago he was recognized as the head of the profession, distinctly commended to me the present value of naval history. I myself, as I have just confessed, had had the contrary impression—a tradition passively accepted. Thus my mind was troubled how to establish relations between yesterday and to-day; so wholly ignorant was I of the undying reproduction ...
— From Sail to Steam, Recollections of Naval Life • Captain A. T. Mahan
... The present value of all these contributions is found to be, at 4 per cent. interest, $71.6394; in other words, this sum paid at the outset, provides a fund from which we may deduct the current expenses of each year in ...
— Scientific American Supplement, No. 787, January 31, 1891 • Various
... a law, must at the very threshold arrest the resumption of specie payments, for, were the holders of United States notes suddenly willing to exchange them for much less than their present value, payment even in silver is to be postponed indefinitely. For years United States notes have been slowly climbing upward, but now they are to have a sudden plunge downward, and in every incompleted contract, great and small, ...
— American Eloquence, Volume IV. (of 4) - Studies In American Political History (1897) • Various
... them, as for instance those intended to retain the large tropical animals in their natural state, would have to be as imperial in their areas as the Yellowstone Park, but these would lie in realms which have no present value to our own race and are scantily inhabited ...
— Domesticated Animals - Their Relation to Man and to his Advancement in Civilization • Nathaniel Southgate Shaler
... were not so, yet the past history of a word, a history that must needs start from its derivation, how soon soever this may be left behind, can hardly be disregarded, when we are seeking to ascertain its present value. What Barrow says is quite true, that 'knowing the primitive meaning of words can seldom or never determine their meaning anywhere, they often in common use declining from it'; but though it cannot ...
— On the Study of Words • Richard C Trench
... belonging to the Jesuits and now in possession of the Crown, afford a resource of which His Majesty's Government are to a certain extent determined to avail themselves. But previous to deciding upon the extent of the establishment it is necessary that I should be informed of the present value of these Estates, of their capability of improvement and of the mode in which their revenues ...
— McGill and its Story, 1821-1921 • Cyrus Macmillan
... on the south side intrenched themselves. Thomas was to move out from his lines facing the ridge, leaving enough of Palmer's corps to guard against an attack down the valley. Lookout Valley being of no present value to us, and being untenable by the enemy if we should secure Missionary Ridge, Hooker's orders were changed. His revised orders brought him to Chattanooga by the established route north of the Tennessee. He was then to move out to the right ...
— Personal Memoirs of U. S. Grant, Complete • Ulysses S. Grant
... prophetic faith of its advocates that a century later many millions of dollars in excess of the purchase money were spent in commemorating the transfer of a tract of land without which the present greatness of the United States would not have been possible. The present value of the agricultural products alone of the area for one year are a hundred times, and the taxable wealth more than four ...
— Final Report of the Louisiana Purchase Exposition Commission • Louisiana Purchase Exposition Commission
... the Temple, because the patent granted by him in 1608 relieved the two societies from what had been a somewhat precarious tenure of their property. As a mark of gratitude they spent L666 (about L3,500 at present value) on a gold cup for the king, which was subsequently pawned in Holland by Charles I. The outbreak of the Civil War in 1642 checked for a time the prosperity of the Temple. For two years the buildings were practically deserted, and readings and exercises ceased till the Commonwealth ...
— Memorials of Old London - Volume I • Various
... annual meeting of the stockholders of Horse's Neck to be held the following week at Wilmington, Delaware, and could avail themselves of the right to have their equity assessed under the laws of Delaware, but as the liabilities practically equaled the present value of the property that equity would naturally be ...
— Tutt and Mr. Tutt • Arthur Train
... assent. "I should like very much to hear in what possible way you connect the misconduct of Germany, which I admit, with your idea of the present value of ...
— The Valley of Vision • Henry Van Dyke
... and six more are not specially representative of the best that is being done. But "Blind Vision," "The Unsent Letter," "His Escape," "The Boy's Mother" and "The Sixth Man" are now made accessible in book form, and give this anthology its present value. ...
— The Best Short Stories of 1920 - and the Yearbook of the American Short Story • Various
... as it stands to-day. The tax on the increment of land begins by recognising and franking all past increment. We look only to the future; and for the future we say only this: that the community shall be the partner in any further increment above the present value after all the owner's improvements have been deducted. We say that the State and the municipality should jointly levy a toll upon the future unearned increment of the land. A toll of what? Of the whole? ...
— Liberalism and the Social Problem • Winston Spencer Churchill
... going; to go about it?" questioned still another interested citizen. These men of Paloma had good reason for being interested. When the iron road was finished, Paloma would be an intimate part of the now outside world. It was certain that Paloma real estate would rise to three or four times its present value. ...
— The Young Engineers in Arizona - Laying Tracks on the Man-killer Quicksand • H. Irving Hancock
... knighthood at Whitehall; and on Feb. 3, 1656-7, it was settled by his Highness and the Council that Lockhart's allowance thenceforward in his Embassy should be L100 a week, i.e, about L18,000 a year in present value. Lockhart's real post being in Paris, his attendance in Parliament can have been but brief. His fellow-Scotsman, Swinton of Swinton, also gave but brief attendance. The Protector had taken the opportunity of Swinton's visit to London to show him special ...
— The Life of John Milton, Volume 5 (of 7), 1654-1660 • David Masson
... the cost of the octagon and lantern amounted to not very much more—L2406 6s. 11d. Nearly all this latter cost was defrayed by the monastery, little more than L200 having been contributed from external sources. These amounts must be multiplied by twenty, if not twenty-five, to represent the present value. The rebuilding of these three bays in the presbytery involved the rebuilding of the ...
— Bell's Cathedrals: The Cathedral Church of Ely • W. D. Sweeting
... their principal business. He said there was a general prejudice against tobacco, in all the tide water regions of the State, because it was through the culture of tobacco that the once fertile soil had been impoverished; but he did not believe that, at the present value of negroes, their labor could be applied to the culture of grain with any profit, except under peculiarly favorable circumstances. Possibly the use of guano might make wheat a paying crop, but he still doubted. He had not used it, himself. Tobacco required ...
— Tobacco; Its History, Varieties, Culture, Manufacture and Commerce • E. R. Billings
... at a higher rate than similar processing of other fish or fish offal;[237] an excess profits tax which defined "invested capital" with reference to the original cost of the property rather than to its present value;[238] and an undistributed profits tax in the computation of which special credits were allowed to certain taxpayers;[239] an estate tax upon the estate of a deceased spouse in respect of the moiety of ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin
... cash payments, while bullion continues of its present value compared with corn, labour, and most other commodities; little alteration will be required in the existing corn laws. The bullion price of corn is now very considerably under sixty three shillings, the price at which the high ...
— Observations on the Effects of the Corn Laws, and of a Rise or Fall in the Price of Corn on the Agriculture and General Wealth of the Country • Thomas Malthus
... present; food is given them in order to be assimilated and used now to satisfy present needs; that is the best way of guaranteeing health for the future. Likewise in giving them mental and spiritual food, our attention should be directed primarily to its present value. It should be given with the purpose of present nourishment, of satisfying present needs; other more distant needs will thereby ...
— How To Study and Teaching How To Study • F. M. McMurry
... higher present value is the process of thought, the line of argument by which the old tacticians arrived at their conclusions good and bad. In studying the long series of Instructions we are able to detach certain attitudes of mind which led to the atrophy of principles essentially good, and others ...
— Fighting Instructions, 1530-1816 - Publications Of The Navy Records Society Vol. XXIX. • Julian S. Corbett
... (Schusterknechte) of the town Xanten, on the Rhine, gave, for erecting a screen and an altar in the church, 75 guldens of subscriptions, and 12 guldens out of their box, which money was worth, according to the best valuations, ten times its present value. ...
— Mutual Aid • P. Kropotkin
... Europe, previous to the discovery of the New World, an ounce of gold commanded an amount of food or labor which would cost three ounces at the present day; hence an ounce of gold was then estimated at three times its present value. At the same time an ounce of silver commanded an amount which at present costs 4 ounces of silver. It appears from this, that the value of gold and silver varied with respect to each other, as well as with respect to all other commodities. This is owing to there having been much more ...
— The Life and Voyages of Christopher Columbus (Vol. II) • Washington Irving
... the oatmeal by their joint notes, which the banks would at once discount; all sales of the meal to be lodged each day in the bank to the account of the promissory notes outstanding. On winding up the transaction the oatmeal would be at least worth its present value; and if sold at a small profit, enough to cover the expenses, there would be no necessity for calling in any portion of the subscriptions; but should there be a loss on the sale, the proportion to each subscriber, according to the amount ...
— The History of the Great Irish Famine of 1847 (3rd ed.) (1902) - With Notices Of Earlier Irish Famines • John O'Rourke
... in the market. The President remarked to me jocularly that he had suffered by not knowing what the department was about to do, inasmuch as he had sold bonds a few days too early and at a price below their then present value. During my service as Secretary of the Treasury I carried two questions only to the Cabinet discussions—and I have forgotten one of the questions, but it had some political significance. The other arose in this manner: My method of negotiating the sale ...
— Reminiscences of Sixty Years in Public Affairs, Vol. 2 • George S. Boutwell
... in his recent fine edition of Joinville, determines the valuation of these livres, in the reign of St. Lewis, by taking a mean between a value calculated on the present value of silver, and a value calculated on the present value of gold,[2] ...
— The Travels of Marco Polo, Volume 2 • Marco Polo and Rustichello of Pisa
... nearly equal value. But the value of gold is exposed to less variation than is the value of any other thing. Two equal quantities of wheat are of equal value at the same time; but to-morrow they may both be worth twice as much as to-day, or they may sink to half their present value; while gold can change its value but very little in a short time. If its exchange-relation to any commodity whatever alters suddenly and considerably, it can be at once and with certainty assumed that it is the value not of the gold, but of the other commodity, which has suddenly ...
— Freeland - A Social Anticipation • Theodor Hertzka
... of his; also they hold him still their friend, though an unmanageable one; and admit with praise what of more or less patriotic and Guelphic principle may be at the root of his disobedience. So when he claims twelve thousand lire,—roughly, some two thousand pounds of money at present value,—from the Guelphs of Arezzo for his service, and the Guelphs, having got no good of it, owing to this Florentine interference, object to paying him, the Florentines themselves lend them the money,—and are never paid a ...
— Val d'Arno • John Ruskin
... comes Meynheer Julius Neergard—the only man who seems to have brains enough to see the present value of that parcel to the Siowitha people. Everybody else had the same chance; nobody except Neergard knew enough to take it. Why ...
— The Younger Set • Robert W. Chambers
... be little doubt that in fifty years' time a collection of Beaumont and Fletcher's or Massinger's plays in the original quartos will be worth not merely double its present value, but quadruple and more. Then there are the famous prose authors of the early Stuart period, such as Bacon, Barclay, Robert Burton, Daniel, Donne, Drayton, Shelton, and even the prolific Gervase Markham, to mention only a few. All these are good investments, as regards their first ...
— The Book-Hunter at Home • P. B. M. Allan
... are wrong, most noble Captain. Margaret has had a lawyer's letter, and she is residuary legatee—the legacies being about two thousand pounds, and the remainder about forty thousand, at the present value ...
— North and South • Elizabeth Cleghorn Gaskell
... the quiet which, after many trials, the providence of God hath bestowed upon you, in the bosom of your friends; and may you be spared until you have made known the multitude of your thoughts, unto those who at present value, or shall hereafter arise to value, ...
— The Works of Charles and Mary Lamb (Vol. 6) - Letters 1821-1842 • Charles and Mary Lamb
... how great and certain must be the profits of a commodity to warrant the expenditure of such large capitals before there can be any return! It might seem too that a man possessed of sixty thousand pounds, or of as much as, at the present value of money, would purchase for ever the constant labour of from above sixty to eighty men, would have avoided the hazards of trade.—Yet in England it is not so—the avaricious spirit of commerce despises ...
— A Morning's Walk from London to Kew • Richard Phillips
... The policy of King Cotton forces them to turn from the daylight of free labor now breaking in Texas. On the other hand, it is not credible that all the land adapted to the growth of the cotton-plant is confined to America; and, at the present value of the commodity, the land adapted to its growth would be sought out and used, though buried now in the jungles of India, the wellnigh impenetrable wildernesses of Africa, the table-lands of South America, or the islands of ...
— Atlantic Monthly, Volume 7, Issue 42, April, 1861 • Various |
