"Redeemable" Quotes from Famous Books
 ... is imposed upon the same fund. It, in many cases, falls altogether upon the interest of money. Money is frequently sunk in France, upon what are called contracts for the constitution of a rent; that is, perpetual annuities, redeemable at any time by the debtor, upon payment of the sum originally advanced, but of which this redemption is not exigible by the creditor except in particular cases. The vingtieme seems not to have raised the rate of those annuities, though it is exactly levied upon ...
— An Inquiry into the Nature and Causes of the Wealth of Nations • Adam Smith
... is indebted to ....... or bearer in the sum of TEN DOLLARS, redeemable six months after the acknowledgment of THE IRISH NATION, with interest from the date hereof inclusive, at six per cent, per annum, payable on presentation of this Bond at the Treasury of the ...
— Troublous Times in Canada - A History of the Fenian Raids of 1866 and 1870 • John A. Macdonald
... public expenditures to necessary objects, and of applying all the surplus at any time in the Treasury to the redemption of the debt. I recommend that authority be vested in the Executive by law to anticipate the period of reimbursement of such portion of the debt as may not be now redeemable, and to purchase it at par, or at the premium which it may command in the market, in all cases in which that authority has not already been granted. A premium has been obtained by the Government on much ...
— A Compilation of the Messages and Papers of the Presidents: Polk - Section 3 (of 3) of Volume 4: James Knox Polk • Compiled by James D. Richardson
... variations in the rates for silver and for copper. Speculation was also possible with the deposit certificates, which were issued in quantities by the state from the beginning of the eleventh century, and to which the first true paper money was soon added. The paper money and the certificates were redeemable at a definite date, but at a reduction of at least 3 per cent of their value; this, too, yielded a ...
— A history of China., [3d ed. rev. and enl.] • Wolfram Eberhard
... winter in New York a company was formed, the most original company in all this rocky old world—the Great Adventure Company, of which I am president and general adviser. Pearls! Each member of the crew is a shareholder, undersigned at fifteen hundred shares, par value one dollar. These shares are redeemable October first in New York City if the company fails, or are convertible into pearls of equal value if we succeed. No widows and orphans ...
— The Pagan Madonna • Harold MacGrath
... the last session, and with the other means of the Treasury will prove fully adequate not only to meet the increased expenditures resulting from the large appropriations made by Congress, but to provide for the payment of all the public debt which is at present redeemable. It is now estimated that the customs will yield to the Treasury during the present year upward of $28,000,000. The public lands, however, have proved less productive than was anticipated, and according to present information will not much exceed two millions. The expenditures ...
— A Compilation of the Messages and Papers of the Presidents, - Vol. 2, Part 3, Andrew Jackson, 1st term • Edited by James D. Richardson
... 1869, an "Act to strengthen the public credit" was passed, which declared that the "greenbacks" were redeemable in coin. This Act concluded as follows: "And the United States also solemnly pledges its faith to make provision at the earliest practicable period for the redemption of the United States ...
— American Eloquence, Volume IV. (of 4) - Studies In American Political History (1897) • Various
... which the land was sold were—on sales on instalments, to be paid within three years; or on sales on quit-rent, at 5 per cent., capital redeemable at pleasure. N.B. Sales on quit-rent ceased ...
— The Backwoods of Canada • Catharine Parr Traill
... the form of drafts, that is, checks, money orders, or bank drafts, payable to: Register of Copyrights. Do not send cash. Drafts must be redeemable without service or exchange fee through a U. S. institution, must be payable in U. S. dollars, and must be imprinted with American Banking Association routing numbers. International Money Orders and Postal Money Orders that are negotiable only at a ...
— Copyright Basics • Library of Congress. Copyright Office.
... redemption of which will be guaranteed by first mortgage on the properties, will be for $20,000. These will be in denominations of $100 each, bearing six per cent. interest after two years from June 1, 1914, and will be redeemable, at the option of the mortgagor, at any regular annual interest period on or after five years from the date of issue. They will ...
— The Lake of the Sky • George Wharton James
... fro seemed to give him the very measure; as he paced and paced the distance it became the desert of his poverty; at the sight of which expanse moreover he could pretend to himself as little as before that the desert looked redeemable. Lancaster Gate looked rich—that was all the effect; which it was unthinkable that any state of his own should ever remotely resemble. He read more vividly, more critically, as has been hinted, the appearances about him; and they ...
— The Wings of the Dove, Volume 1 of 2 • Henry James
... coming of "de jubilo." Early in life, while yet a recognized baseball authority, Mr. Sunday discovered "pay dirt" in what Col. Mulberry Sellers called "piousness." He made it an asset and began to issue celestial notes, countersigned by himself and made redeemable in Heaven. From that day to this he has been following the lead of the renowned Simon Suggs, who, having in true camp meeting style acquired "the grace of God," turned loose as an exhorter shouting "Step up to the mourner's bench, my brethering, step up ...
— Marse Henry, Complete - An Autobiography • Henry Watterson
... of such plan of settlement is the issue and sale of bonds of the Dominican Republic to the amount of $20,000,000 bearing five per cent interest payable in fifty years and redeemable after ten years at 102-1/2 and requiring payment of at least one per cent per annum for amortization, the proceeds of said bonds, together with such funds as are now deposited for the benefit of creditors from customs revenues of the Dominican Republic heretofore received, after payment ...
— Santo Domingo - A Country With A Future • Otto Schoenrich
... and the interest secured upon them. Congress had passed, on the 17th of December, 1860, a law authorizing the issue of new Treasury notes for this amount, bearing interest at the rate of six per cent., and redeemable after one year; but the Secretary of the Treasury was authorized to issue them, upon public notice, at the best rates of interest offered by responsible bidders. Before the close of the month negotiations were completed, after unusual effort, and it was found that ...
— Twenty Years of Congress, Vol. 1 (of 2) • James Gillespie Blaine
... $58,100 5 per cent stock, created under the act of 3d March, 1843, now stands on the books of the Treasury in the name of the Secretary of the Treasury, as trustee for the Chickasaw national fund. This stock, by the terms of its issue, is redeemable on the 1st July next, when interest thereon will cease. It therefore becomes my duty to lay before the Senate the subject of reinvesting this amount under the ...
— A Compilation of the Messages and Papers of the Presidents - Section 3 (of 4) of Volume 5: Franklin Pierce • James D. Richardson
... of June, 1897, a Philippine Loan was authorized, secured on Custom-house revenue and general guarantee of Spain. The Loan was for 200 millions of pesetas in hypothecary bonds of the Philippine Treasury, bearing 6 per cent, interest, redeemable at ...
— The Philippine Islands • John Foreman
... children. Now I can clearly prove that between the years 1577 and 1616 inclusive I have inherited in my own right or that of my wife, from our relatives, for ourselves and our children by lawful succession, more than 400 Holland morgens of land (about 800 acres), more than 2000 florins yearly of redeemable rents, a good house in the city of Delft, some houses in the open country, and several thousand florins in ready money. I have likewise reclaimed in the course of the past forty years out of the water and swamps by dyking more than an equal number of acres to those inherited, ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley
... redeemableness[obs3]. V. deliver, extricate, rescue, save, emancipate, redeem, ransom; bring off,bring through; tirer d'affaire[Fr], get the wheel out of the rut, snatch from the jaws of death, come to the rescue; rid; retrieve &c. (restore) 660; be rid of, get rid of. Adj. saved &c. v. extricable, redeemable, rescuable. Int. to the rescue! % 3. Precursory Measures % 673. Preparation. — N. preparation; providing &c. v.; provision, providence; anticipation &c. (foresight) 510; precaution, preconcertation[obs3], predisposition; ...
— Roget's Thesaurus
... flipping to the girl a metal percentage-check which she added to her store. In the curtained boxes overhead, men bought bottles with foil about the corks, and then subterfuge on the lady's part was idle, but, on the other hand, she was able to pocket for each bottle a check redeemable at five dollars. ...
— The Spoilers • Rex Beach
... liquidated by annual payments within thirty years. Mr. McCulloch's plans were to take from the compound-interest notes their legal-tender quality, from the date of their maturity, and to sell six per cent bonds, redeemable at the pleasure of the Government, for the purpose of retiring both the compound-interest notes and the plain legal-tenders. He believed that the entire debt might be funded at five per cent, while the average of the annual interest now stood at 6-62/100 per cent. He ...
— Twenty Years of Congress, Volume 2 (of 2) • James Gillespie Blaine
... the United Kingdom of Great Britain and Ireland and the French Republic. Such 41/2 per cent bonds, payable, principal and interest, in United States gold coin, in New York City, and free from deduction for any present or future British or French taxes, will mature October 15, 1940, but will be redeemable, at par and accrued interest, in whole or in part, on any interest date not earlier than October 15, 1930, ...
— The War After the War • Isaac Frederick Marcosson
... a bill providing, in effect, for the assumption by Congress of the whole sum and interest, as a loan to the United States, invested in their stock, bearing an annual interest of six per cent., payable half-yearly, and redeemable at the pleasure of Congress by the substitution of other funds of equal value. In connection with this purpose they reported a bill making appropriations to enable Congress to proceed immediately to the execution of ...
— Memoir of the Life of John Quincy Adams. • Josiah Quincy
... in resisting temptation, and not in a harsh denunciation of each unapproved act as evidence of turpitude and perversion. You need not assume that there is perversion until that is demonstrated beyond any doubt. For, if the child is morally redeemable, he should be treated like one who is weak and who needs help until the difficulties are mastered; otherwise you are likely to encourage in him the feeling that he is hopeless, and he will relax all effort ...
— Your Child: Today and Tomorrow • Sidonie Matzner Gruenberg
... are mute monuments to an industry which was blasted by the demonetization of the hard-shell clam. Wampum was a good money in the Indian civilization. It was the product of human labor as difficult and tedious as the labor of the gold-miner of to-day. It had intrinsic value, for it was redeemable in anything the Indian had to give, from his skill in the chase to his squaw. It took time, patience, endurance and skill to make a thing of beauty out of a clam, even in the eyes of an Indian, but when the squaws ...
— Modern Eloquence: Vol II, After-Dinner Speeches E-O • Various
... reached into the inner pocket of his coat, and extracted a packet. In this packet was the enormous sum of one hundred and eighty thousand dollars in notes of one thousand denomination; that is to say, one hundred and eighty slips of paper redeemable in gold by the government which had issued them. On top of this packet lay the colonel's note for twenty ...
— The Man on the Box • Harold MacGrath
... small French coins and strange German coins, and in some places futile-looking, little green-and-white slips, issued by the municipality in denominations of one franc and two francs and five francs, and redeemable in hard specie "three months after the declaration of peace." For wares to sell they had what remained of their depleted stocks; and for customers, their friends and neighbors, who looked forward to commercial ruin, which each ...
— Paths of Glory - Impressions of War Written At and Near the Front • Irvin S. Cobb
... the Secretary of the Treasury will probably enable him to pay off in the course of the present year the residue of the exchanged 4-1/2 per cent stock, redeemable on the 1st of January next. It has therefore been included in the estimated expenditures of this year, and forms a part of the sum above stated to have been paid on account of the public debt. The payment of this stock will reduce the whole debt of ...
— A Compilation of the Messages and Papers of the Presidents - Section 1 (of 2) of Volume 3: Andrew Jackson (Second Term) • James D. Richardson
... been induced to exchange government securities, to the amount of eight hundred millions, for the Mississippi stock. They sold consols at Law's bank, and were paid in his bills, with which they bought shares. The bills of the bank were of course redeemable in gold and silver; but for a time nobody wanted gold and silver, so great was the credit of the bank. Moreover, the bank itself was guaranteed by the shares of the Company, which were worth at one period twelve times their original value. John Law, of course, was regarded as a national benefactor. ...
— Beacon Lights of History, Volume VIII • John Lord
... issuing checks to saw-mill employees, as practiced in some places, is, in my opinion, an advantage to the laborer. Each mill has a pay-day, monthly, and the checks issued at intervals between pay-days, redeemable in merchandise, pass current among merchants at par. You can buy a big glass of beer for a 5-cent check as you can for a nickel, and buy it anywhere it is sold. You can, in fact, buy anything at any place in these towns for mill checks. The merchants either use them in trading ...
— Volume 10 of Brann The Iconoclast • William Cowper Brann
... loan of ten million pounds to the Government and conferred upon them the monopoly of the English trade with the Indies. In spite of these advantages, however, the South Sea Company found itself so hampered and limited in credit that it offered to convert the national debt into a "single redeemable obligation" to the company in return for a monopoly of British foreign trade outside England. The immediate and spectacular effect of that offer is reflected in the many descriptions, both serious and satiric, of an era of speculation which to many generations might seem ...
— A Voyage to Cacklogallinia - With a Description of the Religion, Policy, Customs and Manners of That Country • Captain Samuel Brunt |
