Diccionario ingles.comDiccionario ingles.com
Synonyms, antonyms, pronunciation

  Home
English Dictionary      examples: 'day', 'get rid of', 'New York Bay'




National debt   /nˈæʃənəl dɛt/   Listen
National debt

noun
1.
The debt of the national government (as distinguished from the debts of individuals and businesses and political subdivisions).



Related search:



WordNet 3.0 © 2010 Princeton University








Advanced search
     Find words:
Starting with
Ending with
Containing
Matching a pattern  

Synonyms
Antonyms
Quotes
Words linked to  

only single words



Share |





"National debt" Quotes from Famous Books



... domination that had marked their fallen idols, the Stuarts; and they now joined hands with the discontented Whigs in opposition to Pitt. The horrors of war, the blessings of peace, the weight of taxation, the growth of the national debt, were the rallying cries of the new party; but the mainspring of their zeal was hostility to the great Minister. Even his own colleagues chafed under his spirit of mastery; the chiefs of the Opposition longed to inherit his power; and the King had begun ...
— Montcalm and Wolfe • Francis Parkman

... and could not now be left by the Imperial Government to settle itself. The debts discharged for them and the outlays incurred might, it is true, be charged to them. They could not be repaid, of course, for the same reason that you cannot get blood from stone; and the amount would, therefore, be a National Debt, which was exactly what they had been trying for years to incur, and the condition of their credit had made it ...
— The Transvaal from Within - A Private Record of Public Affairs • J. P. Fitzpatrick

... Britain had but forty-five hundred in all Canada,[394] from Quebec to St. Joseph's, near Mackinac; and the American resources in militia were to hers as ten to one. But Jefferson and Madison, with their Secretary of the Treasury, had reduced the national debt between 1801 and 1812 from $80,000,000 to $45,000,000, concerning which a Virginia Senator remarked: "This difference has never been felt by society. It has produced no effect upon the common intercourse among men. For my part, I should never have known of the reduction but for the annual ...
— Sea Power in its Relations to the War of 1812 - Volume 1 • Alfred Thayer Mahan

... of the harness. What is there with us to create the divergence necessary for debate but the pride of personal skill in the encounter? Who desires among us to put down the Queen, or to repudiate the National Debt, or to destroy religious worship, or even to disturb the ranks of society? When some small measure of reform has thoroughly recommended itself to the country,—so thoroughly that all men know that the country will have it,—then ...
— Phineas Redux • Anthony Trollope

... been surveyed. They cannot begin to survey till the fall of the leaf of this year, nor to sell probably till the ensuing spring. So that it will be yet a twelvemonth, before we shall be able to judge of the efficacy of our land-office, to sink our national debt. It is made a fundamental, that the proceeds shall be solely and sacredly applied as a sinking fund, to discharge the capital only ...
— Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson - Volume I • Thomas Jefferson

... investors in their securities and as these small investors must not be injured, we are compelled to leave the railroads in the hands of private owners, as buying out even these small owners would cause a national debt such as we had better steer clear of. But it is not essential to the welfare of the people that the Government should own the railroads. The point we wish to bring out is, that the wealth and resources of the country has found lodgment ...
— Confiscation, An Outline • William Greenwood

... art" of the prestidigitateur being among his accomplishments. He writes of this, which he included in the list of our Twelfth Night amusements, to another American friend: "The actuary of the national debt couldn't calculate the number of children who are coming here on Twelfth Night, in honor of Charlie's birthday, for which occasion I have provided a magic lantern and divers other tremendous engines of that nature. But the best of it is that Forster and I have purchased between us the entire ...
— My Father as I Recall Him • Mamie Dickens

... the Imperial Minister of Finance, who handles a million dollars of public money a year, sends in his annual "budget" with great ceremony, talks prodigiously of "finance," suggests imposing schemes for paying off the "national debt" (of $150,000,) and does it all for $4,000 a ...
— Innocents abroad • Mark Twain

... the national debt threatened the integrity of the whole. Should redemption take place at par, and at once, the credit of the United States could not fail to be strengthened. But should the greenbacks be allowed to remain below par, should more of them ...
— The New Nation • Frederic L. Paxson

... grew by what it fed upon,—as the paper-money theory has generally done. Toward the close, in a burst of eloquence, he suggested that assignats be created to an amount sufficient to cover the national debt, and that all the national lands be exposed for sale immediately, predicting that thus prosperity would return to the nation and that an classes would find this additional issue of paper money ...
— Fiat Money Inflation in France - How It Came, What It Brought, and How It Ended • Andrew Dickson White

... evils of life were far too deeply seated to be caused or cured by kings or demagogues. One of the most popular commonplaces of the day was the mischief of luxury. That we were all on the high road to ruin on account of our wealth, our corruption, and the growth of the national debt, was the text of any number of political agitators. The whole of this talk was, to his mind, so much whining and cant. Luxury did no harm, and the mass of the people, as indeed was in one sense obvious enough, had only too little of it. The ...
— Hours in a Library - New Edition, with Additions. Vol. II (of 3) • Leslie Stephen

... his time compared with the scientific and expeditious Marwood. The Horncastle shoemaker was saving, businesslike, pious and thoughtful. Like Peace, he had interests outside his ordinary profession. He had at one time propounded a scheme for the abolition of the National Debt, a man clearly determined to benefit his fellowmen in some way or other. A predilection for gin would seem to have been his only concession to the ordinary weakness of humanity. And now he had arrived in Armley Jail to exercise his happy dispatch on the greatest of the many criminals who passed ...
— A Book of Remarkable Criminals • H. B. Irving

... of the Boyne. England obtained thereby a new governor and a national debt; Ireland, fresh oppression, and an intensification of religious and political animosity, unparalleled in the history ...
— An Illustrated History of Ireland from AD 400 to 1800 • Mary Frances Cusack

... are, already twenty-one, and you have not yet written a dictionary. What will you do for fame? Eh? Nothing: you are intolerably lazy—and what is worse, it is your fate. Beginnings are insuperable barriers to you. What about that great work on The National Debt? What about that little lyric on Winchelsea that you thought of writing six years ago? Why are the few lines still in your head and not on paper? Because you can't begin. However, never mind, you can't help it, it's your one great flaw, ...
— The Path to Rome • Hilaire Belloc

... misrepresentation. What happened was essentially this. England, under the guidance of the elder Pitt, had been waging a great and most successful war, which left her with an enormously extended Empire, but also with an addition of more than seventy millions to her National Debt. That debt was now nearly one hundred and forty millions, and England was reeling under the taxation it required. The war had been waged largely in America, and its most brilliant result was the conquest of Canada, by which the old American colonies ...
— Historical and Political Essays • William Edward Hartpole Lecky

... government nonetheless faces serious challenges in the economic arena. It has funded reconstruction by borrowing heavily - mostly from domestic banks. The re-installed HARIRI government has failed to rein in the ballooning national debt. Without large-scale international aid and rapid privatization of state-owned enterprises, markets may force a currency devaluation ...
— The 2002 CIA World Factbook • US Government

... the interest and principal of the national debt. The revenue is raised from a levy upon importations, as, for example, tea, the tax on which is ten cents per pound. The tax is collected from the importer and by him attached to the price for which it is sold to the wholesale dealer and by him attached ...
— Usury - A Scriptural, Ethical and Economic View • Calvin Elliott

... expected. To this end it is indispensable that its finances should be untrammeled and its resources as far as practicable unencumbered. No circumstance could present greater obstacles to the accomplishment of these vitally important objects than the creation of an onerous national debt. Our own experience and also that of other nations have demonstrated the unavoidable and fearful rapidity with which a public debt is increased when the Government has once surrendered itself to the ...
— State of the Union Addresses of Martin van Buren • Martin van Buren

... that we should go on increasing the national debt to meet the ordinary expenses of the Government. This would be a most ruinous policy. In case of war our credit must be our chief resource, at least for the first year, and this would be greatly impaired by having contracted a large debt in time ...
— A Compilation of the Messages and Papers of the Presidents - Section 4 (of 4) of Volume 5: James Buchanan • James D. Richardson

... selfish fears for the future the expenses of the war had aroused, and those whose emotions its horrors had disordered, were both provided for. A vote for a Coalition candidate meant the Crucifixion of Anti-Christ and the assumption by Germany of the British National Debt. ...
— The Economic Consequences of the Peace • John Maynard Keynes

... struggle, and very much prolonged it. On vital points, however, all parties were in accord, and in the main results of the campaign each achieved a splendid success. The supplementary bill, approved July 2, 1864, as much surpassed the legislation of two years previous as the sixteen hundred million national debt of 1864 exceeded the five-hundred million debt of 1862; The colossal expenditures of the war had led Congressmen to accept the estimates of railroad men with implicit credence, and to second their demands with generosity. ...
— The Atlantic Monthly, Volume 20, No. 122, December, 1867 • Various

... should in reality represent a federal nation, not a collection of touchy States. Washington in his farewell letter to the American people at the close of the war (1783) urged four considerations: a strong central government, the payment of the national debt, a well-organized militia, and the surrender by each State of certain local privileges for the good of the whole. His "legacy," as this letter came to be called, thus bequeathed to us Nationalism, fortified on the one hand by Honor and ...
— The Boss and the Machine • Samuel P. Orth

... not interfere further than (like Buonaparte) by dismembering Mr. B.'s kingdom, and erecting part of it into a principality for field-marshal Fletcher! I hope you govern my little empire and its sad load of national debt with a wary hand. To drop my metaphor, I beg leave to subscribe myself ...
— Life of Lord Byron, Vol. I. (of VI.) - With his Letters and Journals. • Thomas Moore

... forests is usually a government charge. Only a certain number of mature trees may be removed each year, and many are planted for each one removed—in the aggregate, several million each year. In the United States, where the value of the growing timber destroyed by fire each year nearly equals the national debt, not very much has been done to either check the ravage or to reforest the denuded areas. Many of the States, however, encourage tree-planting. In several, Arbor Day is a holiday ...
— Commercial Geography - A Book for High Schools, Commercial Courses, and Business Colleges • Jacques W. Redway

... state; the National Bank was rapidly passing from the political stage; and the tariff was no longer a troublesome factor in public life. The receipts of the Treasury had steadily outrun the expenses, and in 1834 the last of the national debt was paid. Since the income was almost certain to continue great, Jackson was at a loss what to do. Henry Clay urged a simple distribution among the States. The President feared the effect of this, and vetoed a bill to that effect; ...
— Expansion and Conflict • William E. Dodd

... an immediate reorganization of Anglo-Irish finances which should provide for a large reduction of Irish Civil expenditure, the saving to be devoted, on Sir David Barbour's principle, to Irish purposes, and for a fixed contribution from Ireland to the Army, Navy, National Debt, etc. How Lord Welby, consistently with his previous argument, could count upon any reduction of expenditure in Ireland under the existing political system it is difficult to see. At any rate, subsequent events proved both him and Sir David Barbour signally ...
— The Framework of Home Rule • Erskine Childers

... mother's feelings as he looked forward into the blank and uncertain prospect of his college life. Like a good and dutiful son, however, his father's wishes were law; and he no more thought of opposing them, than he did of discovering the north pole, or paying off the national debt. ...
— The Adventures of Mr. Verdant Green • Cuthbert Bede

... factory, a very sensible man, with excellent feeling. When it is recorded in history, who will believe that seven moral, well-meaning men agreed in condemning a poor lad of fifteen to a fine of five shillings, costs three-and-sixpence—a sum he could no more pay than I the National Debt, and with the alternative of three months' imprisonment, branding and contaminating for life, and destroying all self-respect? I paid the fine, so there is one act of destruction the less on the ...
— Dynevor Terrace (Vol. I) - or, The Clue of Life • Charlotte M. Yonge

... go. But with a sop cleverly pushed into the jaws of a thousand speculators, you can cram the stock of any bankrupt republic or monarchy down their throats; even if the loan has been floated, as Couture says, to pay the interest on that very same national debt. Nobody can complain. These are the real principles of ...
— The Firm of Nucingen • Honore de Balzac

... success. His skill and tenacity bade fair to recover for France, Martinique, Tobago, and Santa Lucia, then in British hands, as well as the French stations in India. The only British gains, after nine years of warfare, fruitful in naval triumphs, but entailing an addition of L290,000,000 to the National Debt, were the islands of Trinidad and the Dutch possessions in Ceylon. And yet in the six months spent in negotiations the general course of events had been favourable to the northern Power. What then had been lacking? Certainly not valour to her warriors, ...
— The Life of Napoleon I (Volumes, 1 and 2) • John Holland Rose

... in my one and twentieth year, and cannot command as many pounds. To Cambridge I cannot go without paying my bills, and at present I could as soon compass the National Debt; in London I must not remain, nor shall I, when I can procure a trifle to take me out of it. Home I have none; and if there was a possibility of getting out of the Country, I would gladly avail myself of it. But even that is denied me, ...
— The Works Of Lord Byron, Letters and Journals, Vol. 1 • Lord Byron, Edited by Rowland E. Prothero

... the palace. We then conversed a short time upon indifferent matters, which I observed the good Bishop took especial pains to preserve clear from French politics. He asked me, however, two or three questions about the state of parties in England,—about finance and the national debt, about Ormond and Oxford; and appeared to give the most close attention to my replies. He smiled once or twice, when his relation, Madame de Balzac, broke out into sarcasms against the Jesuits, which had nothing to do with the ...
— Devereux, Complete • Edward Bulwer-Lytton

... local independence. Nobody would accept office in the new courts, and the administration of justice was at a standstill. A loan was thrown upon the market, but the public could not be persuaded to take it up. It was impossible to collect the taxes. The interest on the national debt was unpaid, and the fundholder was dismayed and exasperated by an announcement that only two-fifths would be discharged in cash. A very large part of the national debt was held in the form of annuities for lives, and men who had ...
— Critical Miscellanies (Vol. 1 of 3) - Essay 1: Robespierre • John Morley

... Mississippi region; it absorbed the privileges of the different companies for trading with the East; finally it took charge of the national mint and the issue of coin, and of the taxation of the kingdom, and it assumed the national debt. The temporary success of the gigantic financial scheme turned the heads of the people, and a fever of speculation ran through all ranks. The crash came, the shares in the bank sunk in value, the notes depreciated; and, in the wrath which ensued upon the general ...
— Outline of Universal History • George Park Fisher

... meanness of regal slavery. But Louis left a galling memento of misplaced magnificence, in an increase of ninety millions of florins (about nine millions sterling) to the already oppressive amount of the national debt ...
— Holland - The History of the Netherlands • Thomas Colley Grattan

... we may form of the comparative populousness of England in different periods, it must be allowed that, abstracting from the national debt, there is a prodigious increase of power in that, more perhaps than in any other European state, since the beginning of the last century. It would be no paradox to affirm, that Ireland alone could, at present, exert a greater force ...
— The History of England in Three Volumes, Vol.I., Part D. - From Elizabeth to James I. • David Hume

... became a wreck; Greene had to not only assist in closing it up, but pay Radford's notes as well. Lincoln afterwards spoke of these notes, which he finally made good to Greene, as "the National Debt." ...
— Lincoln's Yarns and Stories • Alexander K. McClure

... curiosities, and treasures lie engulfed in the capacious maw of the Goodwin Sands is very probable, although we may not quite endorse Mr. Pritchard's statement that 'if the multitude of vessels lost there during the past centuries could be recovered, they would go a good way towards liquidating the National Debt.' ...
— Heroes of the Goodwin Sands • Thomas Stanley Treanor

... Zealand would be ready, when the final pressure came, to repudiate her heavy public debt. Another equally vivacious informant stated that, besides the 32 million pounds of colonial borrowing, "the municipal debts were at least as much more as the national debt." Now this is six times overstated for municipal and harbour debts together. No doubt the actual case is bad enough, for New Zealand has far over-borrowed. But as to repudiation, there is not a hint or notion of it in any responsible quarter whatever, any more than with regard ...
— Personal Recollections of Early Melbourne & Victoria • William Westgarth

... its corresponding number, or sequence in the volumes written in pencil on the title page of each pamphlet, to correspond with the figures of this brief list. Then the catalogue of each should indicate its exact location, thus: Wilkeson (Samuel) How our National Debt may become a National Blessing, 21 pp. 8vo. Phila., 1863 [Miscellaneous pamphlets, v. 347:3], meaning that this is the third pamphlet bound in ...
— A Book for All Readers • Ainsworth Rand Spofford

... cried Trevenna. "The only difference is the scale they are on; one talks from the bench, and the other from the benches; one cheapens tins, and the other cheapens taxes; one has a salve for an incurable disease, and the other a salve for the national debt; one rounds his periods to put off a watch that won't go, and the other to cover a deficit that won't close; but they radically drive the same trade, and both are successful if the spavined mare trots out looking sound, ...
— Wisdom, Wit, and Pathos of Ouida - Selected from the Works of Ouida • Ouida

... utmost disorder. A profuse and corrupt monarch, whose profuseness and corruption were imitated by almost every functionary, from the highest to the lowest grade, had brought France to the verge of ruin. The national debt amounted to 3000 millions of livres, the revenue to 145 millions, and the expenditure to 142 millions per annum; leaving only three millions to pay the interest upon 3000 millions. The first care of the Regent was to discover ...
— Memoirs of Extraordinary Popular Delusions - Vol. I • Charles Mackay

... serious challenges in the economic arena. It has funded reconstruction by tapping foreign exchange reserves and by borrowing heavily - mostly from domestic banks. The newly re-installed HARIRI government's announced policies fail to address the ever-increasing budgetary deficits and national debt burden. The gap between rich and poor has widened in the 1990s, resulting in grassroots dissatisfaction over the skewed ...
— The 2001 CIA World Factbook • United States. Central Intelligence Agency.

... useful asset, by the way, to the Chancellor of the Exchequer at the present time, for every bicycle, omnibus and motor-lorry driving over the Philosopher Stone-paved street would instantly be changed automatically into pure gold, and the National Debt could be satisfactorily liquidated in ...
— The Days Before Yesterday • Lord Frederick Hamilton

... temporal ruin would overtake millions. Heirs could be justified in refusing to fulfil the instructions of testators; young people could condemn the baptismal vows taken by parents; governments and cabinets could tear up the treaties of their predecessors; and the nation itself could repudiate the national debt. Those who enter into the possession of valuable estates, secured for them by the toil and struggles of ancestry, do not renounce their estates because they themselves were not consulted in the execution of the title deeds. These deeds of ...
— The Covenants And The Covenanters - Covenants, Sermons, and Documents of the Covenanted Reformation • Various

... He promised to pay when he could, and it took the labor of years to do it; but he paid at last every farthing of the debt, which seemed to him and his friends so large that it was called among them "the national debt." ...
— Abraham Lincoln: A History V1 • John G. Nicolay and John Hay

... of this morning demand me. If it had not been for our chase, I should have quitted immediately. The minister cannot pay the interest on the national debt; not an unprecedented circumstance, and has applied to us. I never permit any business of State to be transacted without my personal interposition; and so I must go up to ...
— Coningsby • Benjamin Disraeli

... wished to retain the greenbacks issued in the Civil War and to increase the amount greatly. They saw in paper money an unlimited source of income to the government. They proposed the payment of the national debt, the support of the government without taxes, and the loan of money without interest to citizens. All might live in luxury if the extreme fiat-money theorists could realize their dreams. The depreciation that has taken place in nearly every case where government notes have been issued, ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... which men rarely think except when it is impaired, and much that has been written on the subject has been written under the stress of some great depression. Such writers are like the man in Hogarth's picture occupying himself in the debtors' prison with plans for the payment of the National Debt. There are moments when all of us feel the force of the words of Voltaire: 'Travaillons sans raisonner, c'est le seul moyen ...
— The Map of Life - Conduct and Character • William Edward Hartpole Lecky

... required for meeting payments, shall at convenient times be paid into that Exchequer, and where any sum so payable into the Exchequer of the United Kingdom is required by law to be forthwith paid to the National Debt Commissioners, that sum may be paid to those Commissioners without being paid into the Exchequer. (5) All sums payable by virtue of this Act out of the Consolidated Fund of the United Kingdom or of Ireland shall be payable from the Exchequer of ...
— A Leap in the Dark - A Criticism of the Principles of Home Rule as Illustrated by the - Bill of 1893 • A.V. Dicey

... about fifteen or sixteen: he offers to agree to this for the printing, if I will advance for the paper, but this, you know, is out of my power; so farewell hopes of a second edition till I grow rich! an epoch which I think will arrive at the payment of the British national debt. ...
— The Complete Works of Robert Burns: Containing his Poems, Songs, and Correspondence. • Robert Burns and Allan Cunningham

... that the bad Ministers have contracted the National Debt. This cannot be; for instead of contracting it at all, bad Ministers have most materially ...
— The Jest Book - The Choicest Anecdotes and Sayings • Mark Lemon

... extraordinary assembly of the clergy, who immediately made an address to the king, demanding the abolition of his plenary court, and the recall of the states-general: they alone could thenceforth repair the disordered state of the finances, secure the national debt, and terminate such conflicts ...
— History of the French Revolution from 1789 to 1814 • F. A. M. Mignet

... along, they could not deceive him. "I can see if other people can't; I can see, if the ministry take the lead, they won't be behind hand." This man found out the only scheme that ever could be invented for paying off the national debt; the scheme that he found out, he discovered to the ...
— A Lecture On Heads • Geo. Alex. Stevens

... essential to a great Minister. The progress of the nation was wonderful. Population more than doubled during the eighteenth century, and the advance of wealth was even greater than that of population. Though the war had added a hundred millions to the national debt, the burden was hardly felt. The loss of America only increased the commerce with that country, and industry, as we have seen, had begun that great career which was to make England the workshop of the world. ...
— History of the English People, Volume VIII (of 8) - Modern England, 1760-1815 • John Richard Green

... trade, as a branch of it is called, is just the portion of it which is indebted to them the most. But Clara had not patience to hear any more of the unintelligible jargon which has got possession of the world to-day, much as Mr. Pitt's celebrated sinking-fund scheme for paying off the national debt of Great Britain did, half a century since, and under very much the same influences; and she desired her friend to come at once to the point, ...
— Autobiography of a Pocket-Hankerchief • James Fenimore Cooper

... Company,' from which it appeared that the net annual profits "agreeable to the official experiments" would amount to over two hundred and twenty-nine millions of pounds!—and that, giving over nine-tenths of that sum towards the redemption of the National Debt, there would still remain a total profit of 570L. to be paid to the subscribers for every 5L. of deposit! Winsor took out a patent for the invention, and the company, of which he was a member, proceeded to Parliament for an Act. Boulton and Watt petitioned against ...
— Men of Invention and Industry • Samuel Smiles

... the whole country, would soon return to the Government, in increased revenue, a sum far exceeding the cost of gradual emancipation and colonization. Indeed, if, as a mere financial question, I was devising the most effective plan for liquidating the national debt and reducing our taxes, it would be thus vastly to augment our wealth and population by ...
— The Continental Monthly, Vol 2, No 6, December 1862 - Devoted to Literature and National Policy • Various

... Treasury Department, gives the list of items upon which duties and internal revenue taxes are collected, and the amounts yielded by each for a series of years; the expenditures of the government, with the chief items; a statement of the National debt; and statistics concerning the money of the United States. See also ...
— Our Government: Local, State, and National: Idaho Edition • J.A. James

... thing and could find the law for it, he asked for nothing more. His military advisers told him that an army must be kept in America for years. It was Grenville's business to find the money to support this army. Great Britain was burdened with a national debt. The army was to be maintained, partly, at least, for the protection of the colonists. Why should they not pay a part of the cost of maintaining it? Parliament was the supreme power in the British ...
— A Short History of the United States • Edward Channing

... greater than the numbers which dwell to-day within its capital and immediate suburbs. Its revenue was perhaps equal to the sixtieth part of the annual interest on the present national debt. Single, highly-favoured individuals, not only in England but in other countries cis-and trans-Atlantic, enjoy incomes equal to more than half the amount of Elizabeth's annual budget. London, then containing perhaps one hundred ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley

... recollected that Mexico is called upon to pay large sums annually to the foreign holders of her National Debt, which calls for 2,400,000 pounds sterling, and to the railway bondholders, in 2,500,000 pounds sterling, and other amounts paid out as dividends by the banks to various private enterprises, a total which, of course, ...
— Mexico • Charles Reginald Enock

... over what news there is,' she writes in April, 1853. 'In the political world, the proposed new scheme of Property and Income Tax, which would make everybody pay something; and the proposal for paying off a portion of the National Debt with Australian gold. In the literary world, the International Copyright, which some expect will be in force in three months. In society in general, the strange circumstantial rumour of the Queen's death, which, being set afloat on Easter ...
— Little Memoirs of the Nineteenth Century • George Paston

... Lebanon's position as a Middle Eastern entrepot and banking hub. In the years since, Lebanon has rebuilt much of its war-torn physical and financial infrastructure by borrowing heavily - mostly from domestic banks. In an attempt to reduce the ballooning national debt, the Rafiq HARIRI government began an austerity program, reining in government expenditures, increasing revenue collection, and privatizing state enterprises, but economic and financial reform initiatives stalled and public debt continued to grow despite ...
— The 2007 CIA World Factbook • United States

... London to Edinburgh only cost fourpence, then even the most unreasonable passenger would be surely contented. On these terms how much do you think the fare from London to this star ought to be? I know of one way in which to make our answer intelligible. There is a National Debt with which your fathers are, unhappily, only too well acquainted; you will know quite enough about it yourselves in those days when you have to pay income tax. This debt is so vast that the interest upon it is about sixty thousand pounds a day, the whole amount of the National Debt being six ...
— Young Folks' Library, Volume XI (of 20) - Wonders of Earth, Sea and Sky • Various

... all new men. In the first flush of peace, with which the human mind ever associates plenty, they came out on such an even keel that no Government could pass anything at all. Since, however, it was imperative to find the interest on a National Debt of 8,000,000,000, a further election was needed. This time, though the word Peace remained, the word Plenty had already vanished; and the Laborious Party, which, having much less to tax, felt that it could tax more freely, found itself in an overwhelming ...
— Another Sheaf • John Galsworthy

... yours—that she is your wife; and she may be yours—but I'll let you know, sir, my money is mine; and I'll cut you both off. You shan't have a sixpence. I'll rather build a church, sir; I'll give it towards paying off the national debt, you rascal. ...
— Wilson's Tales of the Borders and of Scotland, Vol. XXIII. • Various

... Contagious Diseases Act, Army Reform on a vast scale, Female Equality with Men in the Eye of the Law, overthrow of Landlords' predominance.... I wonder whether abolition of Foreign Embassies must precede a serious grapple with the National Debt. I doubt whether any nominally free State ever had such an Augean Stable left to it by forty years' eminently active legislation. "In corruptissima Republica plurimae leges," sounds like it. Without carving England and Ireland into States, I ...
— Memoir and Letters of Francis W. Newman • Giberne Sieveking

... wasted in trying to teach music to unmusical people would pay our national debt twice over, and leave a competency for ...
— An Ambitious Man • Ella Wheeler Wilcox

... shown the strange and violent side of his character, and omitting the stretches between where his wisdom and judgment have had a chance. His conversation when he does not fly off at a tangent is full of pith and idea. "The greatest monument ever erected to Napoleon Buonaparte was the British National debt," said he yesterday. Again, "We must never forget that the principal export of Great Britain to the United States IS the United States." Again, speaking of Christianity, "What is intellectually unsound cannot be morally sound." He shoots off a whole ...
— The Stark Munro Letters • J. Stark Munro

... to our noble fathers who fought and bled at Long Branch. I should say Nahant,—well, at some watering-place, I really forget precisely where,—we have no taxes, and know not what a revenue stamp is like! Thank fortune, we have no share in the national debt of Great Britain, and have no national debt of our own that is worth mention. Besides, we are going to found the little debt that we do owe, so that nobody will ever be bothered ...
— Punchinello, Vol. 1, No. 17, July 23, 1870 • Various

... and generalizing the evils and public misfortunes of the reign of Louis XV., perhaps the derangement of the finances was the most important in its political results. But for this misfortune the King was not wholly responsible: a vast national debt was the legacy of Louis XIV. This was the fruit of his miserable attempt at self-aggrandizement; this was the residuum of his glories. Yet as a national debt, according to some, is no calamity, but rather a blessing,—a chain of loyalty and love to bind the people together in harmonious action ...
— Beacon Lights of History, Volume VIII • John Lord

... just felt it in my bones, that that gold dust twin with his swell bathing suit and his waterproof mackinaw was going to lose his roll in the water. He carried it loose in his mackinaw pocket—a camper, mind you. He had a wad big enough to pay off the national debt, and I knew it would tumble out and it did. Skinny's one of those poor little codgers that's always unlucky. He happened to be there. He happened to have a key. He happened to go to the house-boat. I got hold of his tracks just because I didn't want him ...
— Roy Blakeley's Adventures in Camp • Percy Keese Fitzhugh

... and in 1714 became treasurer of the navy, being sworn in two years later as a member of the privy council. In March 1718 he became chancellor of the exchequer. The proposal of the South Sea Company to pay off the national debt was strenuously supported by Aislabie, and finally accepted in an amended form by the House of Commons. After the collapse of that company a secret committee of inquiry was appointed by the Commons, and Aislabie, who ...
— Project Gutenberg Encyclopedia

... new empire, of which Hungary and Lombardy shall be integral parts. Hand in hand with France, we will be the lawgivers of all Europe; and when, thanks to our thrift and the rich tribute of our provinces, we pay our national debt, then we may laugh at English subsidies and Dutch commerce. And lastly, we will cast our eyes once more upon Silesia, and methinks if France and Austria together should demand restitution of King Frederick, he will ...
— Joseph II. and His Court • L. Muhlbach

... kept in pay, frightened the people with the pretended dangers of a return of the old king's family. The people were amused with this scarecrow, while the chains were silently forging to bind them with. But the great fraud, the cheat of all cheats, was what they call the national debt. And now, Jack, pray attend to me; for I am going to explain the chief cause of all the disgraces and sufferings of the labourers in England; and am also going to explain the reasons or motives which the Boroughmongers ...
— Political Pamphlets • George Saintsbury

... colonial nabobs from the West Indies and elsewhere, adventurers of every stripe, a few even of the city populace, and some country common folk. The purchase and sale of the confiscated lands, the national domain which furnished a slender security for the national debt and depreciated bonds, had enriched thousands of the vulgar sort. The newly rich lost their balance and their stolidity, becoming as giddy and frivolous and aggressive as the worst. The ingredients of this queer hodgepodge had yet to learn one another's language and nature; ...
— The Life of Napoleon Bonaparte - Vol. I. (of IV.) • William Milligan Sloane

... victory of Minden (1759) was gained in the Seven Years' War; Methodism sprang up under Wesley and Whitfield; while a great development in literature and art took place; against these, however, must be set the doubling of the National Debt, mainly due to the Seven Years' War, and a defeat by the French at ...
— The Nuttall Encyclopaedia - Being a Concise and Comprehensive Dictionary of General Knowledge • Edited by Rev. James Wood

... experiment upon. General Davy always regarded the bringing of this grape into notice as the greatest act of his life. "I have done my country a greater benefit in introducing this grape into public notice," said he, in after years, "than I would have done if I had paid the national debt." ...
— Great Fortunes, and How They Were Made • James D. McCabe, Jr.

... spoke at considerable length, upon the Plan brought forward by Mr. Pitt for the Redemption of the National Debt—that grand object of the calculator and the financier, and equally likely, it should seem, to be attained by the dreams of the one as by the experiments of the other. Mr. Pitt himself seemed to dread the suspicion of such a partnership, ...
— Memoirs of the Life of the Rt. Hon. Richard Brinsley Sheridan V1 • Thomas Moore

... in order that the interest may be considerably less than the average paid by private bankers to depositors. The great obstacle to the establishment of postal savings-banks in this country has been the lack of available means for the investment of the funds, the rapidly decreasing national debt making government bonds out of the question for the purpose. Mr. Wanamaker proposes to overcome this obstacle by loaning the funds to national banks within the State where the deposits are made. The objection to this course lies in the objection to the national ...
— The Arena - Volume 4, No. 22, September, 1891 • Various

... glossed over. During the period referred to, that institution has had one bottom purpose and one reason of action from which it has never deviated. This purpose, this reason of action, has been the perpetuation of the national debt and the increase of its value by bulling the unit of money in which the debt is payable. Wall Street knows that the bonded debt of the United States is the basis, or central fact, in the whole system of bonds and stocks. Wall Street knows that the dollar is the central fact in the bond. It knows ...
— The Arena - Volume 18, No. 92, July, 1897 • Various

... State equally with every other class of the King's subjects; that when this was accomplished, and abuses were removed, by such a national representation as would enable the Minister, Necker, to accomplish his plans for the liquidation of the national debt, I might assure Her Majesty that both the King and herself would find themselves happier in a constitutional government than they had ever yet been; for such a government would set them free from all dependence on the caprice of Ministers, and ...
— The Memoirs of Louis XV. and XVI., Volume 5 • Madame du Hausset, and of an Unknown English Girl and the Princess Lamballe

... told in Honolulu that the building of this hotel cost two of the late king's cabinet, Mr. Harris and Dr. Smith, their places. The Hawaiian people are economical, and not very enterprising; they dislike debt, and a considerable part of the Hawaiian national debt was contracted to build this hotel. You will feel sorry for Messrs. Harris and Smith, who were for many years two of the ablest members of the Hawaiian cabinet, but you will feel grateful for their enterprise also, when you hear that before this hotel was completed—that ...
— Northern California, Oregon, and the Sandwich Islands • Charles Nordhoff

... of this year included a proposal for the redemption of South Sea stock and an attempted operation on the national debt, by the creation of new stocks bearing a lower rate of interest, two options of conversion being given to the holders of old stock. The idea of the creation of a two-and-half-per-cent. stock, said Mr. Gladstone in ...
— The Life of William Ewart Gladstone, Vol. 1 (of 3) - 1809-1859 • John Morley

... for a still more daring purpose. It will be asked why must the system of English life be artificial?—Because we have twenty-eight millions sterling of interest to pay, and for this we must have taxes. But, why not sweep the national debt away, as France did in her day of royal overthrow? A single sitting of the Convention settled that question. Why not follow the example? Then will come the desperate expedient, and all will be ruin on the heads of the most helpless of the community; ...
— Blackwoods Edinburgh Magazine, Volume 59, No. 366, April, 1846 • Various

... principles of political science which he had already enforced in his published works. The other leading topics handled by Mr. Mill during the session of 1866 were the expediency of reducing the National Debt, which he urged on the occasion of Mr. Neate's proposal on the 17th of April; the Tenure and Improvement of Land (Ireland) Bill, on which he spoke at length and with force on the 17th of May, then practically initiating the movement in ...
— John Stuart Mill; His Life and Works • Herbert Spencer, Henry Fawcett, Frederic Harrison and Other

... millions and three quarters sterling; besides two millions and a quarter raised annually, at an average, by the land and malt tax. How these immense sums are appropriated, is next to be considered. And this is, first and principally, to the payment of the interest of the national debt. ...
— Commentaries on the Laws of England - Book the First • William Blackstone

... than any other of the great powers from the French Revolution. A great burden was, indeed, entailed on future generations; but the increase of the national debt was not felt so long as English manufactures were purchased, to a great extent, by the Continental States. Six hundred million pounds were added to the national debt; but England, internally, was never more flourishing ...
— A Modern History, From the Time of Luther to the Fall of Napoleon - For the Use of Schools and Colleges • John Lord

... political propensity and importance; his brother George was at supper at the King's Arms with some more young men. The conversation somehow or other rambled into politics, and it was started that the national debt was a benefit. "I am sure it is not," said Mr. Townshend; I can't tell why, but my brother Charles can, and I will send to him for arguments." Charles was at supper at another tavern, but so much the dupe of this message, that he literally called for ink and paper, ...
— The Letters of Horace Walpole, Volume 2 • Horace Walpole

... the immense National debt accumulated in the war, and the complication of the financial affairs of the nation, the Committee on Finance has an important bearing upon the interests of the country, unknown until recent years. William P. Fessenden ...
— History of the Thirty-Ninth Congress of the United States • Wiliam H. Barnes

... could be taxed without its own consent, that is through its representatives in the House of Commons, but the Colonies have none,—such as the Scotch have,—but only their own Assemblies,—there only can taxes be legally levied. Their money should be used to pay their own debts, not the national debt of Great Britain. The last war put a heavy debt on all the Colonies,—this ought to be first paid. The Colonies maintained at their own expense, 25000 men against the French, costing each Colony yearly 20, 30, ...
— Achenwall's Observations on North America • Gottfried Achenwall

... never a hired caricaturist or kept in fee like Sayer, and all sides of politics (including the Court and even the King himself) felt the edge of his satire; while Lord Thurlow, the great Lord Chancellor, was in no way neglected. Thus we find a "New Way to pay the National Debt" (1786), "Ancient Music" (1787), "Monstrous Craws" (1787), "Frying Sprats" (1791) and "Anti-Saccharites, or John Bull and his Family leaving off the use of Sugar" (1792), are all directed against the reigning ...
— The Eighteenth Century in English Caricature • Selwyn Brinton

... do so many more men attain it? At all events it is clear that the kingdom of the Prince of Peace has not yet become the kingdom of this world. His attempts at invasion have been resisted far more fiercely than the Kaiser's. Successful as that resistance has been, it has piled up a sort of National Debt that is not the less oppressive because we have no figures for it and do not intend to pay it. A blockade that cuts off "the grace of our Lord" is in the long run less bearable than the blockades which merely cut ...
— Heartbreak House • George Bernard Shaw

... them. But, in its progress, it eventually involved us in a foreign war of great magnitude, and thus became the one subject of supreme interest to every statesman in Europe. England had not borne her share in the seven years' war without a considerable augmentation of the national debt, and a corresponding increase in the amount of yearly revenue which it had become necessary to raise;[33] and Mr. Grenville, as Chancellor of the Exchequer, had to devise the means of meeting the demand. A year before, he had supported with great ...
— The Constitutional History of England From 1760 to 1860 • Charles Duke Yonge

... Mr. Weller. 'Them things as is alvays a-fluctooatin', and gettin' theirselves inwolved somehow or another vith the national debt, and the ...
— The Pickwick Papers • Charles Dickens

... Wadsworth of Connecticut, "has led me often to attend at the Treasury of the United States, and, from my experience, I venture to pronounce that a Board of Treasury is the worst of all institutions. They have doubled our national debt." He contrasted the order and clearness of accounts while the Superintendent of Finance was in charge with the situation since then. If the committee had before them the transactions of the Treasury Board, "instead of system and responsibility ...
— Washington and His Colleagues • Henry Jones Ford

... extending the same treatment to China as is now granted to the meanest community of Latin America. It has been almost entirely this, coupled with the ever-present threat of Japanese chauvinism, which has given China the appearance of a land that is hopelessly water-logged, although the National Debt is relatively the smallest in the world and the people the most industrious and law-abiding who have ever lived. In such circumstances that ideas of collapse should have spread so far is simply due to a faulty estimate ...
— The Fight For The Republic In China • B.L. Putnam Weale

... tore up some, scarcely read, and threw them into the waste-basket. Public men have such odd, out-of-the-way letters, that their waste-baskets are never empty,—letters from amateur financiers proposing new ways to pay off the National Debt; letters from America (never free!) asking for autographs; letters from fond mothers in country villages, recommending some miracle of a son for a place in the king's service; letters from free-thinkers in reproof of bigotry; letters from bigots in reproof of free-thinking; letters ...
— My Novel, Complete • Edward Bulwer-Lytton

... to the average Briton that in meeting the obligation of this high mission and in dealing with this far-flung empire, a policy of efficiency such as that advocated by Mr. Grenville might well replace a policy of salutary neglect; and if the national debt had doubled during the war, as he was authoritatively assured, why indeed should not the Americans, grown rich under the fostering care of England and lately freed from the menace of France by the force of British arms, be expected to observe the Trade Acts and to ...
— The Eve of the Revolution - A Chronicle of the Breach with England, Volume 11 In The - Chronicles Of America Series • Carl Becker

... they do not surpass, those of Peel, and are not tarnished, as in the case of Pitt, by the recollection of burdensome wars. To no minister can so large a share in promoting the commercial and industrial prosperity of modern England, and in the reduction of her national debt, be ascribed. ...
— William Ewart Gladstone • James Bryce

... charges of the national debt, including the sinking fund, are now little short of L40 millions a year; and these L40 millions, if we completely succeed in the reduction of the price of corn and labour, are to be paid in future from a revenue of about half the nominal value ...
— The Grounds of an Opinion on the Policy of Restricting the Importation of Foreign Corn: intended as an appendix to "Observations on the corn laws" • Thomas Malthus

... cries Green. "No, shillings," says his friend. "Never bet in shillings," replies Green, pulling up his shirt collar. "I'll bet fifty pounds," he adds,-getting valiant. "I'll bet a hundred ponds—a thousand pounds—a million pounds—half the National Debt, if you like." ...
— Jorrocks' Jaunts and Jollities • Robert Smith Surtees

... has already for some years past been embarked. It has secured railway property for the State which was in the hands of aliens, has begun to improve watercourses, created national credit institutions, reduced the interest upon the national debt, increased the value of Roumanian securities, and has generally followed, as it still pursues, the ways of ...
— Roumania Past and Present • James Samuelson

... the sum of L4,750,000 had been allotted to the Sinking Fund for the payment of the National Debt; and a further sum of L674,592, accruing from the interest of stock and expired annuities, had gone towards the same object—a crushing retort to the taunts of Fox and Sheridan, that the Sinking Fund was a mere pretence. On the whole the sum ...
— William Pitt and the Great War • John Holland Rose

... an intermediate stem which swells into a bulbous form. Turnips have not been cultivated in England, in fields, more than a century; but this agricultural practice now yields an annual return which probably exceeds the interest of our national debt.—Sir ...
— The Mirror of Literature, Amusement, and Instruction, Vol. 19, - Issue 549 (Supplementary issue) • Various

... cents discussed; some declare that ten per cent is enough, while others hold that it will require 25 per cent. This confiscatory tax is to be collected when any piece of property changes hands, and the accruing sum is to be used for paying off the national debt, or a considerable portion of it at once. The situation is completely changed from that which followed the Napoleonic wars, where war taxes fell largely upon labour. So in self-preservation, capital is considering turning over a part of its property to the state to avoid the slow and disintegrating ...
— The Martial Adventures of Henry and Me • William Allen White

... excused from the fact that the Civil War was in 1861 absorbing all the energies which the Government could summon to its command. And the war, furthermore, was playing havoc with our national finances and piling up a tremendous national debt, which made the extension of pecuniary relief to quasi-private operations of this kind, no matter how useful they ...
— The Story of the Pony Express • Glenn D. Bradley

... stage-management, for every detail had been carefully thought out. The scarlet and gold of the Troopers of the Body-guard, standing motionless as brown statues, the mace-men with their gilt standards, the entry of the Rajahs, all in full gala costume, with half the amount of our pre-war National Debt hanging round their necks in the shape of diamonds and of uncut rubies and emeralds, the Knights of the Star of India in their pale-blue mantles, the Viceroy seated on his silver-gilt throne at the top of a flight of steps, ...
— Here, There And Everywhere • Lord Frederic Hamilton

... of Danish territory into an irreducible minimum. Sweden's appropriation of Danish soil had begun, and at the same time Denmark's power of resisting the encroachments of Sweden was correspondingly reduced. The Danish national debt, too, had risen enormously, while the sources of future income and consequent recuperation had diminished or disappeared. The Sound tolls, for instance, in consequence of the treaties of Brmsebro and Kristianopel (by the latter treaty very considerable concessions were ...
— Encyclopaedia Britannica, 11th Edition, Volume 8, Slice 2 - "Demijohn" to "Destructor" • Various

... sincere friend of China remarked in private conversation that if the United States could not secure the adherence of Great Britain to her Asiatic policy by persuasion (he was deploring the Japanese alliance) she might do so by buying it—through remission of her national debt to us. It is not necessary to resort to the measure so baldly suggested. But the remark at least suggests that our involvement in European, especially British, finance and politics may be treated in either of two ways for either ...
— China, Japan and the U.S.A. - Present-Day Conditions in the Far East and Their Bearing - on the Washington Conference • John Dewey

... funding our national debt, we heard much about 'a public debt being a public blessing'; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures, and agriculture. This paradox was well adapted to the minds of believers in ...
— Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson - Volume I • Thomas Jefferson

... home pretty satisfactory reports, and time passed on quietly enough in spite of certain manifestations of discontent among the population. These disturbing phenomena were first brought prominently to my notice at the time when I became involved in the fortunes of the Aureataland national debt, and as all my story turns on this incident, it perhaps is a fit subject for ...
— A Man of Mark • Anthony Hope

... for himself. Then comes HARCOURT with the abhorred shears of facts and figures, and slits the thin-spun web of JOKIM'S ingenious fancy; shows that, instead of a surplus, he has, when honest arithmetic is set to work, a deficit; instead of increasing the rate of reduction of National Debt, he has done less in that direction than his predecessors; and that whilst expenditure on Army and Navy has exceeded any figures reached by former Chancellors of the Exchequer, the floating debt is ...
— Punch, or the London Charivari, Volume 100, May 9, 1891 • Various

... about the National Debt. He wondered if a million more or less would make any real difference. There would be questions asked in committees about it. He tried to imagine himself explaining the evening to a group of Congressmen. "Well, you see, gentlemen, there was ...
— Brain Twister • Gordon Randall Garrett

... conveniently landed, the grand affair of L. [London?] to be attempted at the same time.' There are notes on 'referring the Funds to a free Parliament,' 'The Tory landed interest wished to repudiate the National Debt,' 'To acquaint particular persons that the K. [King] will R—' (resign), which James ...
— Pickle the Spy • Andrew Lang

... years family life in America has been breaking down. For 20 years the wages of working people have been stagnant or declining. For the 12 years of trickle down economics we built a false prosperity on a hollow base as our national debt quadrupled. From 1989 to 1992 we experienced the slowest growth in a half century. For too many families, even when both parents were working, the American dream has been ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... its height, and the Regent took advantage of it to issue stock enough to pay the whole national debt, namely, three hundred thousand new shares, at $1,000 each, or a thousand per cent. in the par value. They were instantly taken. Three times as many would have been instantly taken. So violent were the changes ...
— The Humbugs of the World • P. T. Barnum

... long before it was taken down. His soul was engrossed by the contemplation of the wonderful event which was daily developing itself in France. Bankruptcy had brought on the crisis. In August, 1788, the interest was not paid on the national debt, and Brienne resigned. The States-General met in May of the next year; in June they declared themselves a national assembly, and commenced work upon a constitution under the direction of Siyes, who well merited the epithet, "indefatigable ...
— Atlantic Monthly, Vol. IV, No. 26, December, 1859 • Various

... afterward died, contributing nothing to reduce the indebtedness. Lincoln patiently continued to make payments during several years to come, until he had discharged the whole amount. It was only a few hundred dollars, but to him it seemed so enormous that betwixt jest and earnest he called it "the national debt." So late as in 1848, when he was a member of the House of Representatives at Washington, he applied part of his salary ...
— Abraham Lincoln, Vol. I. • John T. Morse

... convened. This was refused them. At the private meetings, however, it was decided that Ferdinand IV. should be recalled, on condition of granting a constitution and an amnesty. The people have been dreadfully deceived. All promises have been violated, the price of provisions has risen, the national debt has been ...
— Pius IX. And His Time • The Rev. AEneas MacDonell

... State and work perpetually for fluidity, anonymity, and irresponsibility in their arrangements. It was in England, again, that this began and vigorously began with what I think was the first true "National Debt"; a product contemporary in its origins ...
— The Free Press • Hilaire Belloc

... fortnight. What were his gifts in this way, I am, alas, most deplorably ignorant of; it was not, heaven knows, that he possessed any conversational talent—of successful flattery he knew as much as a negro does of the national debt—and yet the "bon-hommie" of his character seemed to tell at once; and I never knew him fail in any one instance to establish an interest for himself before he had completed the ...
— The Confessions of Harry Lorrequer, Complete • Charles James Lever (1806-1872)

... the debt; it seems to me very singular that we in England should suppose that a great commercial people would be ruined by a national debt. As regards ourselves, I have always looked on our national debt as the ballast in our ship. We have a great deal of ballast, but then the ship is very big. The States also are taking in ballast at a rather rapid rate; and we too took it in quickly when ...
— Volume 1 • Anthony Trollope

... and I had sung one of the "Irish melodies," somebody said, "Everything that's national, is delightful." "Except the National Debt, ma'am," says Poole. Took tea at Vilamil's, and danced to the piano-forte. Wrote thirteen or fourteen lines before I went out. In talking of the organs in Gall's craniological system, Poole said he supposed a ...
— The Book of Anecdotes and Budget of Fun; • Various

... of the great French war, the propertied classes, who were supreme in Parliament, at once rebelled against the Tory Government, and refused to prolong the income tax even for a single year. We talked big, both then and now, about the payment of our national debt; but sixty-three years have since elapsed, all of them except two called years of peace, and we have reduced the huge total by about one ninth; that is to say, by little over one hundred millions, or scarcely more ...
— Prose Masterpieces from Modern Essayists • James Anthony Froude, Edward A. Freeman, William Ewart Gladstone, John Henry Newman and Leslie Steph

... the works themselves would have become the property of the nation. Never was there such a prospect afforded to a statesman of relieving the country, by its own internal resources, of a great part of the national debt. Public works are not unknown or without precedent in this country; but somehow or other they are always unprofitable. At the cost of upwards of a million, government constructed the Caledonian Canal, the revenue drawn from which does not at the present moment defray its ...
— Blackwood's Edinburgh Magazine, Volume 62, Number 361, November, 1845. • Various

... with Mary Morfe. She knew Mary very well indeed. For Mary was the "librarian" of the glee and madrigal club; Mary never missed a rehearsal, though she cared no more for music than she cared for the National Debt. She was a perfect librarian, and very good at unofficially prodding indolent members into a more regular ...
— The Matador of the Five Towns and Other Stories • Arnold Bennett

... 'The National Debt may be esteemed a mass Of filth which grows corrupter every day; And in this heap, as always comes to pass, Reptiles and vermin breed, exist, decay. 'Tis now so huge, that he must be an ass Who thinks ...
— The English Spy • Bernard Blackmantle

... was discovered; railroads were built. Not only bankers but taxpaying voters took an interest in the financial readjustments of the time. Many thousand people followed the discussions over the funding and refunding of the national debt, the retirement of the greenbacks, and the proposed lowering of tariff duties. Yet the Black Friday episode of 1869, when Jay Gould and James Fisk cornered the visible supply of gold, and the panic of 1873 were indications ...
— The Sequel of Appomattox - A Chronicle of the Reunion of the States, Volume 32 In The - Chronicles Of America Series • Walter Lynwood Fleming

... load people's stomachs and pick their pockets: everything now is imposition; I really think the very pills are not what they were thirty years ago. How people with families continue to live is a mystery to me; and people still going on marrying, in the face of national debt, taxes, a new war, a starving population, ruined commerce, and no outlet for young men in any quarter—God only knows what is to be the end of all this! In spite of all this, these thoughtless young creatures, the Truemans, have thought proper to make out their marriage; he is ...
— Marriage • Susan Edmonstone Ferrier

... Lincoln whimsically expressed it, leaving the conscientious junior partner saddled with the obligations of the former owners of two country stores, and owing an amount so large that Lincoln often referred to it as "the national debt." William Berry, the senior partner, who was equally responsible, "drank himself to death," leaving Lincoln alone ...
— The Story of Young Abraham Lincoln • Wayne Whipple



Words linked to "National debt" :   debt



Copyright © 2024 Diccionario ingles.com