| 单词 | sinking fund |
| 例句 | Some donors are funding candidates and state parties directly, while others are sinking funds into state-level groups that are pushing out direct mail and digital ads. Liberal groups devote millions to blocking GOP election deniers 2022-06-22T04:00:00Z If you are pulling from your emergency fund or using a credit card to cover predictable costs, you might consider using one or more “sinking funds.” Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z A sinking fund holds money that’s earmarked for a specific goal or expense. Millennial Money: Viral savings challenges that pay off 2022-03-01T05:00:00Z The company will set up a sinking fund governed by an advisory committee for the remediation effort, which will be reviewed when depleted. Malaysia's Supermax adopts new management policy on migrant workers 2022-02-08T05:00:00Z “As part of our financial modelling for each property, we have put in significant provisions for a sinking fund to cover void periods,” Harvey told IFR last month. Council's £1 billion property bet shaken by WeWork rent waiver request 2020-06-24T04:00:00Z But it also would lower the maximum allowable tax rate to 3 mills from 5 mills when new sinking fund millages are approved by voters. Legislature OKs using tax for school security, technology 2016-10-20T04:00:00Z A sinking fund is a savings account dedicated to a particular expense that you fund gradually through regular payments. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z The sinking fund revenue is used as it is collected, traditionally for such things as major building repairs. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z But a one-design approach is undeniably cost-efficient with the teams now able to share the same shore crew and avoid sinking funds into research and development of boats and sails. Volvo Ocean Race: A Test of Skills, Not Boats 2014-10-10T04:00:00Z “That sinking fund is over and above the £10m a year that is going into support the normal services of the council.” Council's £1 billion property bet shaken by WeWork rent waiver request 2020-06-24T04:00:00Z The bill also caps the length of new sinking fund millages, from 20 years to 10 years. Legislature OKs using tax for school security, technology 2016-10-20T04:00:00Z A sinking fund is different from other kinds of savings accounts — like an emergency fund or a traditional savings account — in a few ways. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z The latter strategy is called a “sinking fund” and the former is usually done as a bond sale - borrowing the money up front and using the new tax increase to repay it. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z The extinction of a debt, usually by means of a sinking fund; also, the money thus paid. Webster's Unabridged Dictionary 2012-03-24T02:00:23.513Z As the pandemic has strained Spelthorne’s finances and led to a rise in rent arrears, the council has moved to tap the sinking fund. Council's £1 billion property bet shaken by WeWork rent waiver request 2020-06-24T04:00:00Z There is a public debt of about �340,000, borrowed for public works, which is being paid off by a sinking fund. Encyclopaedia Britannica, 11th Edition, Volume 13, Slice 6 "Home, Daniel" to "Hortensius, Quintus" 2012-03-15T02:00:32.250Z Most sinking funds have a target date, and with this deadline “comes a strategic way to plan responsibly for that purchase,” says Love, who currently has 13 sinking funds. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z The problem, which critics have identified, is that even sinking fund taxes help only well-off districts with able and willing voters. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z To clear off or extinguish, as a debt, usually by means of a sinking fund. Webster's Unabridged Dictionary 2012-03-24T02:00:23.513Z It used £10m of the surplus to add to its general budget, on top of the £14m it gets from tax, rates and grants, and put the remainder into a rainy-day sinking fund. Council's £1 billion property bet shaken by WeWork rent waiver request 2020-06-24T04:00:00Z Closely allied to this subject was that of budgets, sinking funds, loans, civil lists, and army and navy expenditures, all summed up in the word taxes. Sketches of Reforms and Reformers, of Great Britain and Ireland 2012-03-12T03:00:20.310Z Just keep in mind: Put money into sinking funds based on priority and necessity. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z Charter schools, districts in disadvantaged areas, and districts with reluctant voters can’t use sinking fund revenues to keep their educational technology current. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z He undoubtedly exercised a check on extravagance, and he did real service by helping to abolish the sinking fund. Encyclopaedia Britannica, 11th Edition, Volume 13, Slice 8 "Hudson River" to "Hurstmonceaux" 2012-02-24T03:00:27.173Z The sinking fund should provide the council with a cushion to get through the next couple of years. Council's £1 billion property bet shaken by WeWork rent waiver request 2020-06-24T04:00:00Z A sinking fund is a convenient means frequently resorted to for redemption of a debenture debt, and is especially suitable where the security is of a wasting character, leaseholds, mining property or a patent. Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 10 "David, St" to "Demidov" 2012-02-17T03:00:33.923Z If you have leftover money in a sinking fund, either keep it there so you’re ahead of the game for next year, reallocate it to the next priority or pad your emergency fund, if needed. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z Legislative efforts to expand the ways that school districts could spend sinking fund taxes make sense - for those that can afford it. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z In his polemic against Pitts' sinking fund as inopportune and excessive, he assumes that all sums saved in that way are completely withdrawn from the national demand. Principles of Political Economy, Vol. II 2012-01-25T03:00:34.150Z From the most reliable information we can get, this amount was taken from a sinking fund, or a fund set apart for the purpose of opposing any opposition in the fur trade. A History of Oregon, 1792-1849 Drawn From Personal Observation and Authentic Information 2012-01-20T03:00:11.607Z Hamilton’s most important work is the Essay on the National Debt, which appeared in 1813 and was undoubtedly the first to expose the economic fallacies involved in Pitt’s policy of a sinking fund. Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 8 "Haller, Albrecht" to "Harmonium" 2012-01-02T03:00:22.443Z The trick with sinking funds is striking the right balance. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z A sinking fund is one of two ways that school districts can get additional revenue since the passage of Proposal A in 1994. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z The annual charge should include interest and a sinking fund that would return the capital invested, with interest, within fifty years. Our National Defense: The Patriotism of Peace 2011-12-14T03:00:16.577Z The Century bonds were issued and a sinking fund set aside for the payment of interest. Life Gleanings 2011-12-01T03:00:23.890Z "Add to this what may be done by throwing in the aid of western lands and other articles as a sinking fund, and our prospect is really a bright one." Thomas Jefferson The Apostle of Americanism 2011-11-23T03:00:55.563Z “You can absolutely overcomplicate your finances by having too many of these sinking funds,” Block says. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z Proposed changes would allow a sinking fund tax to be used to buy things such as replacement computers. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z The management of surplus, the treatment of reserves, the relation between funds and reserves and the method of handling sinking funds are discussed at length. Forging Ahead in Business 2011-11-06T02:00:11.883Z One time nought but claret drinking, Then like politicians thinking To raise the sinking funds when sinking, Live the rakes of Mallow. A Book of Irish Verse Selected from modern writers with an introduction and notes by W. B. Yeats 2011-10-27T02:00:26.373Z Paper money and a "sinking fund" at home, and foreign alliances that disregarded the really controlling interests of nations, Paine saw as piers set in the Channel.* The Life Of Thomas Paine, Vol. I. (of II) With A History of His Literary, Political and Religious Career in America France, and England; to which is added a Sketch of Paine by William Cobbett 2011-10-12T02:00:38.787Z Figuring out your top few priorities and setting up sinking funds is a good start. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z Lawmakers, though, fret about how to keep the haves behind because the sinking fund tool doesn’t serve the have-nots. A roundup of recent Michigan newspaper editorials 2016-02-15T05:00:00Z The tax on real estate was to go into a sinking fund, and thus shuffle off local assessment. Lincoln, the Politician 2011-10-11T02:01:06.270Z Renewal for the equipment is taken care of by the creation of a sinking fund based on an average life of four years. Motor Truck Logging Methods Engineering Experiment Station Series, Bulletin No. 12 2011-09-10T02:00:27.273Z A part of the loan was devoted to the sinking fund, and troublesome public debts were paid off. Royal Highness 2011-05-05T02:00:22.363Z You can always add more sinking funds if you find this strategy works for you. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z Its subjection to the operations of a sinking fund, and the qualification that the amount of the debt should be kept within proper limits, were of course features in their platform. Inquiry Into the Origin and Course of Political Parties in the United States 2011-04-24T02:00:09.423Z The Irish Parliament will have power to raise loans on the security of the “transferred” revenue, sufficient provision being made for interest and sinking fund. The New Irish Constitution 2011-02-06T03:00:57.247Z For the disbursement of sinking funds, interest, or coupons, the temporary use of the money may be considered adequate compensation, if the amount involved is large. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z During the year 1827 the public debt was consolidated, and a department was created for the application of a sinking fund. Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 4 "Bradford, William" to "Brequigny, Louis" “I believe sinking funds can be for anybody no matter where they are with their finances,” Love says. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z The uses to which the sinking fund had been applied in England and its inefficiency in the reduction of the national debt were well understood by the Secretary. Inquiry Into the Origin and Course of Political Parties in the United States 2011-04-24T02:00:09.423Z It is to be regretted, that the sinking fund in this country is only such in name; for there is no excess of revenue above expenditure. On The Principles of Political Economy, and Taxation It receives sums set aside as sinking funds to provide for the retirement of obligations at maturity, or when bonds are subject to redemption, draws the specified amount by lot and pays the principal. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z The establishment of a sinking fund for payment of interest and amortization of these bonds frequently constitutes a very heavy drain upon the residents of the district. A Living from the Land Managing sinking funds also “trains us to create healthy habits in our lives to prepare for the things that are putting us in debt,” Love says. Get on top of planned expenses with sinking funds 2022-03-10T05:00:00Z To balance the budget, Mr Merriman proposed drastic remedies, including the suspension of the sinking fund, the reduction of salaries of all civil servants, and taxes on incomes of �50 per annum. Encyclopaedia Britannica, 11th Edition, Volume 5, Slice 2 "Camorra" to "Cape Colony" He states the aggregate debt of the State at $21,690,802, which the sinking funds provided will pay off in seventeen years. Harper's New Monthly Magazine, February, 1852 Apprehensions of national bankruptcy led to the adoption of the device of a sinking fund, and in this case Pitt’s usual sagacity seems to have failed him. Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 4 "England" to "English Finance" For the service of this loan—known as the Guaranteed loan—an annuity of �315,000 was provided in the Egyptian budget for interest and sinking fund. Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 1 "Edwardes" to "Ehrenbreitstein" He is, however, entitled to credit for laying the foundation of an effective sinking fund. The Life of William Ewart Gladstone (Vol 2 of 3) The interest was paid on both funds in almost the whole amount, but the sinking fund was not kept up. The United States and Latin America Pinckney says they call her the Ogden sinking fund among his crowd. Side-stepping with Shorty The money may be repaid by equal instalments of principal, or of principal and interest, or by means of a sinking fund. Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 4 "England" to "English Finance" The whole proceeds of the loans and floating debt had been absorbed in payment of interest and sinking funds, with the exception of �16,000,000 debited to the Suez Canal. Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 1 "Edwardes" to "Ehrenbreitstein" That at the end of five years the stock be issued to the subscribers as paid up stock, by cash from the sinking fund, paid in for that purpose. Solaris Farm A Story of the Twentieth Century The charges for interest and sinking fund, which amounted to over £3,000,000, were secured on the revenue of the maritime customs, and on the likin taxes of certain specified provinces. Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 2 "Chicago, University of" to "Chiton" As the instrument itself provides this sinking fund, it may be said to create, in an indirect way, its own successor. Essentials of Economic Theory As Applied to Modern Problems of Industry and Public Policy This sinking fund is the last resort of the nation; on which alone depend all the hopes we can entertain of ever discharging or moderating our incumbrances. Commentaries on the Laws of England Book the First The fund therefore acted as a very expensive sinking fund, the market price of the stock purchased being above par. Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 1 "Edwardes" to "Ehrenbreitstein" With the issue of the stock, the purchase price of the farm should be paid from the sinking fund to Fillmore Flagg, the trustee, who would then deed the farm to the corporation. Solaris Farm A Story of the Twentieth Century The colonies were to bear the whole cost of the loan, and were to impose taxes sufficient to provide interest and sinking fund, and thus ensure against any risk of loss to the United Kingdom. The Railway Builders A Chronicle of Overland Highways Each instrument, separately considered, yields interest and a sinking fund; but the sinking fund is not available as an income, since it must take shape as another instrument which serves to keep the series intact. Essentials of Economic Theory As Applied to Modern Problems of Industry and Public Policy The earlier bonds issued were almost all of the sinking fund class, but in recent years the serial bond has been widely employed and is probably the most satisfactory to administer. American Rural Highways To extinguish the bonded debt and stock, a sinking fund has been created, from which a certain portion of the shares and outstanding bonds is annually paid off and canceled. The Railroad Question A historical and practical treatise on railroads, and remedies for their abuses Thereafter the company was to maintain a sinking fund amply sufficient to provide such additional farms as the children of its members might need. Solaris Farm A Story of the Twentieth Century A sinking fund was to be maintained, and, if need be, the province could levy through the sheriff on any defaulting town. The Railway Builders A Chronicle of Overland Highways What the first instrument creates in addition to the sinking fund is its contribution to interest, and what each instrument creates above what is required for virtual self-perpetuation is also interest. Essentials of Economic Theory As Applied to Modern Problems of Industry and Public Policy Knowing these factors, the amount to be added to the sinking fund each year is computed. American Rural Highways An annual sinking fund of 5 per cent. would extinguish the war debt in fifteen years. War Taxation Some Comments and Letters They would have savings in the sinking fund, providing land, and homes for their children and grand-children in a long line of future generations. Solaris Farm A Story of the Twentieth Century The colonies opposed the demand for a sinking fund, and again agreement was postponed. The Railway Builders A Chronicle of Overland Highways I was cheerful and animated at table, and asked several questions concerning mortgage bonds and sinking funds that brought a pleasant expression to my father's face. A Romantic Young Lady The principle of the sinking fund is obtained by tax levies, a sum being added to the principle of the sinking fund each year. American Rural Highways Mr. Pitt's sinking fund was instituted in order to enable England to pay subsidies to the powers allied against the French republic. Critical and Historical Essays, Volume III (of 3) Taxes ought to be increased, he urged, to meet all the costs of civil administration, interest on the debt, and sinking fund for the same. The New Nation A deficit in the revenue, coinciding with growing expenditure, compelled Vansittart to fall back on a fresh manipulation of the sinking fund. The Political History of England - Vol XI From Addington's Administration to the close of William IV.'s Reign (1801-1837) In the practical conduct of mines or mining companies, sinking funds for amortization of capital are never established. Principles of Mining Valuation, Organization and Administration Usually the sinking fund cannot be invested at as high a rate of interest as the bonds bear and there is some loss as a result. American Rural Highways Mr. Gladstone, who was then chancellor of the exchequer, insisted on a sinking fund being provided, which was to be a first charge on the revenues of the several provinces. Wilmot and Tilley Between strokes they carried on a conversation having to do with such light and frivolous topics as bond issues, guarantees thereof, sinking funds, haulage rates, and legal decisions and pending legislation affecting transportation. Desert Conquest or, Precious Waters By a temporary suspension of the sinking fund, a deficit might be converted into a surplus; Vansittart, however, neglected to take advantage of this simple expedient, and raised £11,500,000 by loan. The Political History of England - Vol XI From Addington's Administration to the close of William IV.'s Reign (1801-1837) The first of Pitt's financial measures—his plan for gradually paying off the debt by a sinking fund—was undoubtedly an error; but it had a happy effect in restoring public confidence. History of the English People, Volume VIII Modern England, 1760-1815 The total cost of a bond issue will be greater by the sinking fund method than by either of the other methods described. American Rural Highways In his pocket was the roll of bills that comprised the sinking fund for his dress suit. Skippy Bedelle His Sentimental Progress From the Urchin to the Complete Man of the World His power was strengthened in this session by the general approval elicited by his bill for the reduction of the national debt by means of a sinking fund. The Political History of England - Vol. X. The History of England from the Accession of George III to the close of Pitt's first Administration We would at once commence the liquidation of the national debt, with a large sinking fund, as a sacred trust applicable to that important subject. The Continental Monthly, Vol 3 No 3, March 1863 Devoted To Literature And National Policy Walpole proposed to pay it off by a sinking fund; but this idea, not very popular, was abandoned. A Modern History, From the Time of Luther to the Fall of Napoleon For the Use of Schools and Colleges The success of this method of financing depends upon the proper administration of the sinking fund. American Rural Highways A sinking fund association, composed of young people from different sections of the city, and in which other denominations were represented, was a most active factor. The Journal of Negro History, Volume 7, 1922 Government might reckon on at least £1,000,000 surplus, and that sum he proposed to make the foundation of his new sinking fund. The Political History of England - Vol. X. The History of England from the Accession of George III to the close of Pitt's first Administration In vain I expostulated, telling him I would pay for his horses out of the sinking fund of the Times office, in case of their loss. Incidents of the War: Humorous, Pathetic, and Descriptive This gain of one per cent., by money borrowed from the company, was to constitute a sinking fund to pay the debt. A Modern History, From the Time of Luther to the Fall of Napoleon For the Use of Schools and Colleges Road bonds bearing 5 per cent interest can usually be sold at par while the sinking fund will usually net about 3 or 3½ per cent interest. American Rural Highways Pitt's plan was to form a sinking fund which should be made inalienable by an Act of Parliament until the Act creating it should be repealed by another Act of Parliament. A History of the Four Georges and of William IV, Volume III The fund thus created would then accumulate at compound interest and become a sinking fund for the extinction of the national debt. The Political History of England - Vol. X. The History of England from the Accession of George III to the close of Pitt's first Administration In 1878 the so called "Thurman Act" became law, by which a sinking fund was established looking to the extinguishing of the Company's indebtedness to the Government. The Story of the First Trans-Continental Railroad Its Projectors, Construction and History In 1869 there was collected for the sinking fund, to be applied to the payment of the principal and interest of the State debt, the sum of $1,370,101.12. The Life, Public Services and Select Speeches of Rutherford B. Hayes But the secretary did purchase $13,000,000 of bonds for the sinking fund, to the full extent the condition of the treasury allowed. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. His plan was based on the comparatively familiar idea of a sinking fund. A History of the Four Georges and of William IV, Volume III There is not, however, anything magical or automatic in the operation of compound interest, nor can the separation of a sinking fund from general revenue have any real efficacy. The Political History of England - Vol. X. The History of England from the Accession of George III to the close of Pitt's first Administration It can only be applied to pay off the principal, being irrevocably made a sinking fund for that purpose. The Writings of Thomas Jefferson Library Edition - Vol. 6 (of 20) An Act of March 3, 1795, provided for vesting in the sinking fund the surplus revenues of each year. Albert Gallatin American Statesmen Series, Vol. XIII The surplus revenue was applied to the redemption of United States notes and of fractional currency, and to the payment of six per cent. bonds for the sinking fund. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. Footnote 13: In order to replace the original capital, 10 per cent. or 50,000l. yearly laid aside as a sinking fund, is quite sufficient, thus:— Principal. A General Plan for a Mail Communication by Steam, Between Great Britain and the Eastern and Western Parts of the World During the years of peace, when the revenue was in excess of expenditure, Pitt's sinking fund acted as a convenient mode of reducing the debt. The Political History of England - Vol. X. The History of England from the Accession of George III to the close of Pitt's first Administration A sinking fund is a fund set aside yearly for the purpose at some future time of sinking—that is, paying a debt. Up To Date Business Home Study Circle Library Series (Volume II.) On December 16 a sinking fund was provided for by a resolution, which, though inadequate to the purpose, was at least a declaration of principle. Albert Gallatin American Statesmen Series, Vol. XIII The necessity for a sinking fund and how it is managed. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. As early as the 12th day of May I commenced the purchase of bonds for the sinking fund and for the reduction of the interest-bearing public debt. Reminiscences of Sixty Years in Public Affairs, Vol. 2 He also instituted an additional system for the reduction of debt by providing that every new loan should carry a sinking fund of its own. The Political History of England - Vol. X. The History of England from the Accession of George III to the close of Pitt's first Administration It is customary when such bonds are issued to set aside a percentage of the earnings as a sinking fund to meet the bonds at maturity. Up To Date Business Home Study Circle Library Series (Volume II.) This was the establishment of the sinking fund for the redemption of the debt. Albert Gallatin American Statesmen Series, Vol. XIII In reference to the sinking fund, about which I was asked my opinion, I said it was the same old question that had been so often debated. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. As I say, I am under obligation to this year, for it has enriched me with what is the real sinking fund of human wisdom and human independence—a mighty, deeply rooted contempt for man.... Essays on Scandinavian Literature In his budget speech of 1793 he announced that he would always maintain the sinking fund. The Political History of England - Vol. X. The History of England from the Accession of George III to the close of Pitt's first Administration Money set aside by a municipality or corporation to sink a debt at a certain future time is called a sinking fund. Up To Date Business Home Study Circle Library Series (Volume II.) The public funds he regarded as three in number: 1st, the sinking fund; 2d, the surplus fund; 3d, the general fund. Albert Gallatin American Statesmen Series, Vol. XIII A sinking fund promised by a government is nothing more or less than a name for the surplus revenue of the government. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. The rest is used for new construction, sinking funds, reserve funds, and so on. Germany and the Germans From an American Point of View The most original feature of the financial system instituted by this statesman, however, was the sinking fund. The Continental Monthly, Vol. 5, No. 4, April, 1864 A subsequent act, which passed on the 12th of the same month, authorized another loan not exceeding two millions, to be applied, in aid of the sinking fund, towards the extinguishment of the domestic debt. The Life of George Washington, Vol. 4 Commander in Chief of the American Forces During the War which Established the Independence of his Country and First President of the United States Mr. Gallatin felt the strain in the spring of 1809; and on March 18, soon after Mr. Madison's inauguration, he gave notice to the commissioners of the sinking fund of a probable deficiency. Albert Gallatin American Statesmen Series, Vol. XIII A government without a surplus revenue cannot possibly have a sinking fund. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. The proceeds are to be used to reimburse the City of Paris for expenditures in building hospitals and making other necessary humanitarian improvements and to provide a sinking fund to meet similar disbursements. The War After the War Finance became frenzied, for Manfred spent both principal, interest and sinking fund on his affinity. Skookum Chuck Fables Bits of History, Through the Microscope The immediate application of the sinking fund to this object would consequently acquire a large portion of the debt, and would also accelerate its appreciation. The Life of George Washington, Vol. 4 Commander in Chief of the American Forces During the War which Established the Independence of his Country and First President of the United States These, operating as a sinking fund, would reduce the quantity in circulation, so as to maintain that in an equilibrium with specie. Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 4 There is no way to pay a debt except by having an income above your expenditures, and you can call your surplus revenue a sinking fund if you choose. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. Dear Sir, I have read and considered your report on the operations of the sinking fund, and entirely approve of it, as the best plan on which we can set out. Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 3 It is made a fundamental, that the proceeds shall be solely and sacredly applied as a sinking fund, to discharge the capital only of the debt. Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 1 But Robert, generally so timid in such things, has caught a flush of my rashness, and is alarmed by neither sinking funds nor rising loans. The Letters of Elizabeth Barrett Browning, Volume II Supposing then that the sinking fund were the better plan of the two in reality, it would not be so in the present circumstances, because it would not obtain credit, and the other will. An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. Designed To Shew How The Prosperity Of The British Empire May Be Prolonged Deducting from this sum the amount paid in excess for the fiscal year 1880, there was a balance still due on account of the sinking fund of about $50,000,000. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. One general sinking fund seemed to have swallowed up everything; that, and all else; leaving a string of debts a yard long in its place. Verner's Pride The Imperial Exchequer looks to the Irish tenant purchaser for the interest and sinking fund on that loan.'—Cambray, A Leap in the Dark A Criticism of the Principles of Home Rule as Illustrated by the Bill of 1893 The tenant still paid an instalment of �4, which was, ultimately, divided into �1 5s. for sinking fund and �2 15s. for interest. Against Home Rule (1912) The Case for the Union Would leave England if the sinking fund were to operate long in time of peace, 242. An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. Designed To Shew How The Prosperity Of The British Empire May Be Prolonged This would be met by the estimated surplus of receipts over expenditures during the fiscal year, 1881, thus making good the whole amount of the sinking fund as required by law. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. Until two years ago Ireland, of course, contributed, inter alia, to the annual interest and sinking fund, amounting in 1910-11 to £24,554,000, on the National Debt of the United Kingdom. The Framework of Home Rule Though, in truth, their payment, from the sinking fund, of debt which was never contracted by Parliamentary authority, was, to all intents and purposes, so much debt incurred. The Works of the Right Honourable Edmund Burke, Vol. 01 (of 12) To meet this practical difficulty Mr. Gerald Balfour, in 1896, permitted the purchaser to write off the amount repaid by sinking fund during the first and two successive periods of ten years. Against Home Rule (1912) The Case for the Union Taking interest at 5 per cent. with a sinking fund of only half per cent., it is estimated that the permanent annual charge in respect of the Debt will then be about 380 millions. Rebuilding Britain A Survey of Problems of Reconstruction After the World War I recommended that to redeem these bonds there should be issued treasury notes running from one to ten years, which could be paid off by the application of the sinking fund as they matured. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. These peoples tax themselves freely, create sinking funds, and make heavy sacrifices to pay off their money obligations. The Inside Story of the Peace Conference It amounts, as a person of great ability said in the debate, to an unlimited power of drawing upon the sinking fund. The Works of the Right Honourable Edmund Burke, Vol. 01 (of 12) Difficulties were feared if the earlier purchasers were to pay �4 and the later purchasers only �3 15s. for each �100 advanced, so the spare five shillings was put in the sinking fund. Against Home Rule (1912) The Case for the Union Because of the excess of revenues over expenditures the Secretary of the Treasury was enabled to apply bonds and other securities to the sinking fund to the amount of $56,544,556.06. A Supplement to A Compilation of the Messages and Papers of the Presidents An interesting debate arose between Mr. Beck and myself, during this session, upon the question of the sinking fund, which he seemed to regard as a part of the public debt. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. In this land of plethoric riches there are crowds of people who treat philanthropy as a sort of investment; they place money in a sinking fund and they forego all interest. A Dream of the North Sea When it borrows abroad it pledges itself to export goods and services in future to meet interest and sinking fund on the money so raised, so getting no goods and services in return. War-Time Financial Problems The amount due the sinking fund for this year was $37,931,643.55. A Compilation of the Messages and Papers of the Presidents Volume 7, part 2: Rutherford B. Hayes They have not only answered the requirements of the sinking fund, but have afforded a large balance applicable to other reductions of the public debt. A Compilation of the Messages and Papers of the Presidents Volume 8, part 2: Chester A. Arthur In the meantime, the treasury charged to the "sinking fund," annually, the sum of one per cent. of the amount of outstanding securities of the United States. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. It also had a sinking fund of 3 per cent., which was to pay it off in fifteen years. International Finance The interest and the sinking fund for redemption have to be found by taxation, and so the borrowing process merely postpones taxation from the war period to the peace period. War-Time Financial Problems The first instalments of interest and sinking fund on these two bond issues were paid from the proceeds of the bonds, then for several months the "regie" supplied funds, and then came the first crash. Santo Domingo A Country with a Future He was placed upon his hobby-horse—Pitt's financial system and the sinking fund. The Letter-Bag of Lady Elizabeth Spencer-Stanhope — Volume 1 The term "sinking fund," as applied to the national accounts, is a misleading phrase. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. But in both cases it leaves both the nation and the individual permanently poorer and with a continuous burden to meet in the shape of interest and sinking fund, until the loan has been redeemed. International Finance The interest on that will be at least £400 millions, a sinking fund at 1/2 per cent. will be £40 millions. War-Time Financial Problems Whenever the customs collections exceed $3,000,000 in any year, one-half the excess shall be applied to the sinking fund for the further redemption of bonds. Santo Domingo A Country with a Future Economics has never yet devised a sinking fund for the replacement of the strength of a worker. My Life and Work After the panic of 1873, the revenues were so reduced that the sinking fund was practically suspended by the fact that there was no surplus money in the treasury to meet its requirements. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. As a basis for the work of the finance committee, we proposed the establishment of an interest fund, a sinking fund, and a scale of percentage disbursements for the various community purposes. Under the Prophet in Utah; the National Menace of a Political Priestcraft This does not include a sinking fund for the renewal of the engines when worn out, which may be taken as equivalent to 10 per cent. on their original cost. A Catechism of the Steam Engine Pitt: credited with the invention of the sinking fund. After Waterloo: Reminiscences of European Travel 1815-1819 It is possible to set up a kind of sinking fund in the form of old-age pensions. My Life and Work It was the desire of Congress and every Republican Secretary of the Treasury, in order to comply with the sinking fund law, to apply the surplus to the gradual reduction of the debt. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. Ounce by ounce he was drawing on his sinking fund of fat in a constitutional crisis. Over the Pass The appropriations of the two last years, including the yearly ten millions of the sinking fund, have each equaled the promised revenue of the ensuing year. A Compilation of the Messages and Papers of the Presidents Volume 2, part 2: John Quincy Adams The loan to have a sinking fund of 3 per cent, to be paid in equal portions in eight years. A Political Diary 1828-1830, Volume II But since it was impossible to demand immediate payment and was necessary to spread the sum over fifty years, taking into consideration sinking funds and interest the total came to three thousand milliards. Peaceless Europe You invested it and it returned to you; you expended it and propped it up with fascinating things called sinking funds, and, although you had spent it, there it was coming back to you again! This Freedom High and dry on the Lucretian tower of poverty, you may watch with complacency the struggles of the sinking funds. Without Prejudice There's a sweet little dark-eyed French-descended angel in Detroit, whom I will then marry at once," smilingly answered Jack Witherspoon, "that is, as soon as Papa Worthington has given me the sinking fund. The Midnight Passenger : a novel The total is large enough to pay all salaries in at least 58 counties of the state, and leave large balances to apply to schools, roads, jail expenses, interest, and sinking funds. Community Civics and Rural Life The sinking fund is money set apart at certain times to pay the debts due by the government. Civil Government of Virginia She saw the fallacy of Mr. Pitt's sinking fund when her father believed in it. An Autobiography In all its history of more than twenty years the company had never paid any interest on the government debt nor had it maintained a sinking fund to meet the principal when due. The Railroad Builders; a chronicle of the welding of the states Mr Pitt's sinking fund was instituted in order to enable England to pay subsidies to the powers allied against the French republic. Miscellaneous Writings and Speeches — Volume 2 The principal is redeemable at fixed dates, or by a sinking fund, that is, by setting aside so much a year to pay off the loan at a fixed time, or as opportunity offers. Everybody's Guide to Money Matters: with a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein A bond is redeemed—that is, bought back—when it is received at the treasury or office of the sinking fund and the amount of it is paid to the holder. Civil Government of Virginia A saving of five hundred millions annually had far more virtue than the accumulation of a sinking fund whose dangers were plainly to be seen. Bureaucracy Who are the commissioners of the sinking fund? Civil Government of Virginia What are the duties of the commissioners of the sinking fund. Civil Government of Virginia Every law hereafter enacted by the General Assembly, creating a debt or authorizing a loan, shall provide for the creation and maintenance of a sinking fund for the payment or redemption of the same. Civil Government of Virginia Debts may be due to the sinking fund by railroad or other companies in which the State has an interest, and securities have to be given that such debts shall be paid. Civil Government of Virginia |
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