Banking end Credit.The Bank of Spain (Banco de Espana) has a charter which has been renewed and enlarged several times since ts foundation after the Restoration, and its privileged note issue has had to he gradually and very largely increased by legislative authorizations, especially iii 1891 and 1898, as its relations with the treasuries of Spain and of her colonies increased; since nothing in the services rendered by the bank to the public would ever have justified the growth of the note issue first to thirty millions sterling in 1891 then by quick strides to fifty and over sixty-One millions sterling in 1899 and 1900.
As the non-privileged order increased in numbers, while the privileged order, as every exclusive hereditary body must do, lessened, the larger body gradually put on the character of the nation at large, while the smaller body put on the character of a nobility.
But above all things the church was being criticized as an imperium in imperio, a privileged body not amenable to ordinary jurisdiction, and subservient to a foreign lordthe pope.
He is now the only judicial functionary privileged to wear the collar of SS.
Lastly, to come to the bottom of the social scale, there were the common people, taxable at will, subject to the arbitrary and burdensome forced labor of the corve, cut off by an impassable barrier from the privileged classes whom they hated.
This mercantile brotherhood, formerly a privileged class, alone exploited the mastic trade; at the same time the Greeks were allowed to retain their rights of self-government and continued to exercise their industries.
Thomas Bagley was accused of declaring that if in the sacrament a priest made bread into God, he made a God that can be eaten by rats and mice; that the pharisees of the day, the monks, and the nuns, and the friars and all other privileged persons recognized by the church were limbs of Satan; and that auricular confession to the priest was the will not of God but of the devil.
The opposition of the United States was due very largely to the fear that Great Britain would acquire a privileged position in regard to the proposed interoceanic canal.
The Great Council of Venice, the curiae of Rome, were each of them the assembly of a privileged class, an assembly in which every member of that class had a right to a place, an assembly which might be called popular as far as the privileged class was concerned, though rigidly oligarchic as regarded the excluded classes.
But, in fact, serfdom naturally took the form of an ugly ownership of live chattels on the part of a privileged class, and all sorts of excesses, of cruelty, ruthless exploitation and wanton caprice, followed as a matter of course.