Bankers' Long Bills Drawn for the Purpose of Raising Money Finance bills constitute the third kind of bankers' long exchange.
Strictly speaking, a finance-bill is a long draft drawn by a banker of one country on a banker in another, sometimes secured by collateral, but more often not, and issued by the drawing banker for the purpose of raising money.
The arrangement bore hard upon the American representatives, who, at European courts and upon European exchanges, had the embarrassing task of raising money.
Carteret will make himself unhappy by not taking some course either to borrow more money or wholly lay aside his pretence to the charge of raising money, when he hath nothing to do to trouble himself with.
And Taylor having a bill to pay wherein Alderman Hooker was concerned it was his invention to find out this way of raising money, or else this had not been thought on.
The Confederation, in my opinion, should give Congress a complete sovereignty; except as to that part of internal police which relates to the rights of property and life among individuals, and to raising money by internal taxes.
He gave out that he was afraid to appear in public for fear of the Londoners; but this was only a ruse for the purpose of raising money.
Another mode of raising money was by undoing in a great measure what the Parliament had done by abolishing monopolies.
He set to work resolutely to curtail this expenditure and to devise means of raising money.
A Parliament was summoned for the double purpose of raising money and of extending additional punishment over the Catholics generally.
Instead of a property tax, which would throw the burden upon the great landholders, the poll-tax was the usual method of raising money, the poor man thus having to pay as much as the wealthy.
Usselincx experienced great difficulty in raising money, and the directors ruined his schemes by diverting the capital to commercial enterprises in Sweden.
Congress had three principal means of raising money: by issuance of bills of credit, by requisitions upon the states, and by domestic and foreign loans.
Wolsey had already resorted to more arbitrary methods of raising money by loans and benevolences.
He had recourse to another method of raising money, unprecedented, I believe, before his reign, though long practised in France, the sale of honours.
To call another parliament appeared the only practicable means of raising money for a war, in which the king persisted with great impolicy or rather blind trust in his favourite.
To financial incompetence and to the employment of improvident methods of raising money, the nuns occasionally added extravagance.
The only argument which can be offered in defence of this bill, is the necessity of supporting the expenses of the war, and the difficulty of raising moneyby any other method.
With regard to the proper conduct of the colonies on this occasion he premises the following questions: 'Has not the parliament expressly avowed their intention of raising money from us for certain purposes?
Has not the parliament expressly avowed their intention of raising money from us for certain purposes?
And would it be possible for government to have credit, without having the power of raising money?
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "raising money" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
