consols's Usage Examples:

The amortization of the home and colonial debts was suppressed, and the redeemable debts of both classes were converted into 4% internal consols.

In the autumn of 1847 a series of failures in the great commercial centres created a panic in the city of London, which forced consols down to 78, and induced the government to take upon itself the responsibility of suspending the Bank Charter Act.

The land itself in one shape or another formed the security, and guaranteed stock was issued which the holder might exchange for consols.

His most ambitious effort was his attempt to effect a conversion of consols in 1884, but the scheme proved a failure, though it paved the way for the subsequent conversion in 1888.

Under these modifications the Spanish debt at the close of the 19th century, exclusive of 44,000,ooo of treasury debt, consisted of 41,750,000 of exterior debt, still temporarily exempted from taxation on the condition of being held by foreigners, of 270,000,000 of 4% interior consols, and of 6o.

The national debt, which consisted before the war of 234,866,500 of external Financial and internal consols ar,d redeemable debts, and and Political 24,2 50,000 of home floating debt, was increased Reoiganizaby 46,21o,ooo of Cuban and Philippine debts, which tion.

, three per cent consols, for defraying the salary of the organist, Mr.

ooo,ooo of new 5% consols, renlacing the war and floating debts.

Economies for more than 1,000,000, were immediately effected, taxes, calculated to produce 2,440,000, were proposed to be placed upon land, incomes, salt and corn, whi]e the existing income-tax upon consols (fixed at 8% by Cambray-Digny in 1868, and raised to 13.

The mutiny at the Nore, the threat of rebellion in Ireland, the alarming fall in consols, argued strongly against continuing the war singlehanded, and in July Lord Malmesbury had been sent to Lille to open fresh negotiations with the plenipotentiaries of France.