Sentence Examples

  • The large expenditures of the French canal company made the department singularly alluring to corrupt officials of the central government, and Panama suffered severely before the liquidation of the company in 1889.
  • He began by measures of liquidation: the Chambre ardente of Colbert 1661 to 1665 to deal with the fa,rmers of the revenue, ~ the condemnation of Fouquet, and a revision of the funds.
  • But credit cannot be commanded either by violence or by expedients; between July and September 1720 came the suspension of payments, the flight of Law, and the disastrous liquidation which proved once again that respect for the states obligations had not yet entered into the law of public finance.
  • Consequently, the Spanish government had once more to attempt to make both ends meet by asking its creditors to assent to the suppression of all the amortization of imperial and colonial debts, and to a tax of 20% on the coupons of all the debts, whilst at the same time the Cortes were asked to authorize a consolidation and liquidation of the floating and war debts and an annual increase of 3,200,000 in already heavy taxation.
  • The history of the 19th century is the liquidation of an enormous bankruptcy, and the completion of the circle which confines the Spaniard once more to the soil of the Peninsula.

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