What is the National Debt And What Does It Do

The National Debt is money borrowed by successive Governments, the interest being paid out of general taxation. This debt was instituted when the needs of the Government compelled it to appeal for aid to the moneyed classcs. In early times loans were secured on the King’s or Queen’s personal credit, but after the revolution of … Read more

What is meant by ” being a sport ” ?

B y “ being a sport ” is meant acting up to the best traditions of English sport—refusing to take unfair advantages, abiding loyally by competent decisions, taking risks and accepting the consequences without grumbling, playing for the side ” rather than for one’s own benefit.