He filled this position with great ability for four years, originating and promulgating, among other measures, the plan of refunding the public debt.
His most noted speech was in support of a resolution in favor of refunding to General Jackson the fine of one thousand dollars that had been imposed upon him by a New Orleans judge.
The result of this policy, of the silver legislation, and of the refunding of the 4-1/2 per cent bonds has been a large increase of the money in circulation.
The importance of the passage at the present session of Congress of a suitable measure for the refunding of the national debt which is about to mature is generally recognized.
The section of the bill before me which relates to the national banking system, and to which objection is made, is not an essential part of a refunding measure.
The progress made during the last year in refunding the public debt at lower rates of interest is very gratifying.
The Government has derived great benefit from it in the progress thus far made in refunding the public debt at low rates of interest.
Whether the debt is ultimately paid in gold or in silver coin is of but little moment compared with the possible reduction of interest one-third by refundingit at such reduced rate.
The progress of refunding the public debt has been rapid and satisfactory.
In his refundingand resumption operations, Mr. Sherman placed the bonds of the United States on better terms than any of his predecessors.
Treasury in purchasing or refunding the debt when the crisis was over.
His retirement to private life removed the obstacle to the action of his friends and soon thereafter Mr. Linn, a senator from the State of Missouri, brought in a bill for refunding the fine.
The refunding of the fine in the sense of a pecuniary retribution, was altogether refused and repulsed both by General Jackson and his friends.
From the maturities, refunding operations, and interest remittances alone, growing out of the permanent investment of foreign money in our securities, there results a very great amount of international security and exchange business.
The Government is in no default and should be put to no expense in refunding the small sum recovered on account of the defalcation of its officer whose good conduct this beneficiary guaranteed.
I renew my recommendation of two years ago for the passage of a bill for the refunding to certain German steamship lines of the interest upon tonnage dues illegally exacted.
The law under which these transfers were made conveys no authority for refunding the different amounts which may be transferred.
The issue of bonds, authorized by the bill to a very large and indefinite amount, would seriously embarrass the refunding operations now progressing, whereby the interest of the bonded debt of the United States is being largely reduced.
It was supported by the friends of the railroad companies, doubtless because of the long period over which the railroad debt was to be extended and the low rates of interest on the refunding bonds.
By the second part of the same arrangement, each note remaining in the hands of the government was to be secured by deposit of first refunding 4 per cent gold bonds of the Central Pacific equal in amount to the face of the note.
It further prepared a plan for refundingthe Pacific railroad debt.
It will, however, be asked how, in view of the outstanding capitalization of the Central Pacific, it was possible to offer a first mortgage security as collateral for the refunding notes.
It was the belief of California men that a refunding bill would simply saddle the railroad debt upon the shipping public.
Agitation along these same lines continued through 1896, and in January of the following year the legislature adopted a resolution opposingrefunding and calling for foreclosure if necessary.
In opposition to the railroad proposals, western shippers, who represented the extreme anti-railroad sentiment, violently objected to a refunding bill of any description.
The full details of the refunding are given in the annual report of the Secretary of the Treasury.
A MAN who has stolen, has nothing more urgent and imperative to perform, on this side of eternity, than the duty of refunding the money or goods unjustly acquired, or the value thereof.
In the circular orders to the several branches which were then issued, the necessity was stated for collecting the means for refunding those deposits from the loans which were then outstanding.
Both claims rest upon the same principle, and upon the principle of all drawbacks, that of refunding the duty paid on the imported salt, which is re-exported on salted fish and provisions.
Thus, while refunding the national debt, we shall open the way to improvements of all kinds.
They constitute a part of the national debt, and should be considered in the refunding and consolidation of this debt, and not on a bill to provide banking facilities.
But so entirely natural and consistent is this object, that it harmonizes with all other proper objects, especially with therefunding of the national debt, and with specie payments.
This is what I have to say for the present on the refunding propositions of the Committee.
This leaves out of view the question of refunding and consolidating the national debt; nor does it touch the great question of specie payments.
I have no doubt that this contention is correct, but paying the tolls direct for vessels using the Canal or refunding to them the tolls levied is not the same as exempting them from the payment of tolls.
Is the United States prevented from refunding to her vessels the tolls levied upon them for use in the Panama Canal?
Difference of such refunding from exempting the vessels concerned from the payment of tolls, p.
All this, however, makes necessary a declaration or complete statement of income from the persons claiming the benefit of those provisions, and also necessitates refunding a large amount of the tax collected at the source.
As previously explained, that tax is in the first instance levied indiscriminately on all accessible sources of income and the adjustments are effected by refunding the tax collected at the source so far as may be necessary.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "refunding" in a variety of sentences. We hope that you will now be able to make sentences using this word.
