The tax on merchandise not being sufficient for this war, the payment of public debts contracted by the government was suspended, and the State was thus obliged to admit its insolvency.

Many of us fail to recognize it; others cry 'insolvency'; but the better part draw on it with confidence.

Douglass, soon after his election as president, discovered the insolvency of the institution, and insisted that it be closed up.

Spurzheim and Rush were cited in confirmation; also that of a respectable merchant in New York, well known to the preacher, who, after the observation and experience of twenty-five years in that city, declared that of those who kept their counting-houses open on the Sabbath not one had escaped insolvency.

When I foresaw Leipsic's insolvency, I had negotiated alone with Hamburg for half a million of light money.

The refusal of credit by the banks at such times when they still had large amounts of cash in their vaults increased the need and eagerness of the public to draw from the bank all the cash they could, and often precipitated the insolvency of the banks.