You read in The Wall Street Journal that 30-day T-bills currently are yielding 8 percent.
Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates
of current interest rate premiums:
You read in The Wall Street Journal that 30-day T-bills currently are yielding 8 percent.
Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates
of current interest rate premiums:
You read in The Wall Street Journal that 30-day T-bills currently are yielding 8 percent.
Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates
of current interest rate premiums:
You read in The Wall Street Journal that 30-day T-bills currently are yielding 8 percent.
Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates
of current interest rate premiums:
However, in 1779 Nesbitt died £100,000 in debt, and the
Court of Chancery made a decree to
auction his property for the relief of his creditors, but his nephew anticipating this managed to sell the Nesbitt interest in the borough back to the government's supporters (in the person of The Earl of Darlington) for the very considerable sum of £15,000, shortly before the court's decree came into force. Ministers were free once more to consider both seats at the ministry's disposal. However, Oldfield notes that Nesbitt's power in the borough was one of influence rather than of any direct property in the votes (as might have been the case in a burgage borough where the right to vote could literally be bought and sold) – and that whatever the bargain between Nesbitt's nephew and Darlington, the voters themselves were not a party to it and had still to be persuaded to co-operate. Therefore what was sold, in effect, was the unhindered right to bribe the voters without interference, the customary price by this time being apparently £100 per vote.