"Rate of interest" Quotes from Famous Books
 ... some immediate reduction might safely be made in our naval and military establishments. He concluded by recommending the house of commons to consider of such measures as the flourishing state of the funds and of public credit might render practicable and expedient, for a reduction in the rate of interest of such of the annuities as were now redeemable; by stating that he entertained the pleasing hope of their being enabled to enter upon a gradual reduction of taxes, giving at the same time additional efficacy ...
— The History of England in Three Volumes, Vol.III. - From George III. to Victoria • E. Farr and E. H. Nolan
... deepening into horrified surprise come over her face, he added hastily, "Of course we must hope that these moneys will be kept intact till the end of the war. Still, I doubt very much whether your bankers would allow you to draw on that probability, even if you were willing to pay a high rate of interest. German credit is likely to suffer greatly before this ...
— Good Old Anna • Marie Belloc Lowndes
... fortune in Almaquo, so I went to New York and mortgaged all I possessed, discounting a lot of notes given me by farmers in payment for machinery, and finally borrowing at a high rate of interest the rest of the money I needed. In other words I risked all my fortune on Almaquo, and brought the money home to pay Wegg and Thompson for their interest. The moment they received the payment they invested it in ...
— Aunt Jane's Nieces at Millville • Edith Van Dyne
... effecting the new loans required. Escovedo was very blunt in his language upon this topic, and both Don John and himself urged punctuality in all future payments. They entreated that the bills drawn in Philip's name upon Lombardy bankers, and discounted at a heavy rate of interest, by the Fuggers of Antwerp, might be duly provided for at maturity. "I earnestly beg," said Escovedo, "that your Majesty will see to the payment of these bills, at all events;" adding, with amusing simplicity, "this will be a means of recovering your Majesty's credit, ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley
... loans were made in England and Holland, where the rate of interest being more moderate stimulated the passion for enterprises. Finally, in order to stop the flow of English capital to America, the Bank of England raised the rate of interest; this brought people to their senses. They saw the impossibility of carrying out a third of their ...
— A Brief History of Panics • Clement Juglar
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