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Home > Category Index for Science Quotations > Category Index A > Category: Assessment

Assessment Quotes (3 quotes)

If the Indians hadnt spent the \$24. In 1626 Peter Minuit, first governor of New Netherland, purchased Manhattan Island from the Indians for about \$24.  Assume for simplicity a uniform rate of 7% from 1626 to the present, and suppose that the Indians had put their \$24 at [compound] interest at that rate . What would be the amount now, after 280 years? 24 x (1.07)280 = more than 4,042,000,000.
The latest tax assessment available at the time of writing gives the realty for the borough of Manhattan as \$3,820,754,181. This is estimated to be 78% of the actual value, making the actual value a little more than \$4,898,400,000.
The amount of the Indians money would therefore be more than the present assessed valuation but less than the actual valuation.
In A Scrap-book of Elementary Mathematics: Notes, Recreations, Essays (1908), 47-48.
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To have a railroad, there must have been first the discoverers, who found out the properties of wood and iron, fire and water, and their latent power to carry men over the earth; next the organizers, who put these elements together, surveyed the route, planned the structure, set men to grade the hill, to fill the valley, and pave the road with iron bars; and then the administrators, who after all that is done, procure the engines, engineers, conductors, ticket-distributors, and the rest of the hands; they buy the coal and see it is not wasted, fix the rates of fare, calculate the savings, and distribute the dividends. The discoverers and organizers often fare hard in the world, lean men, ill-clad and suspected, often laughed at, while the administrator is thought the greater man, because he rides over their graves and pays the dividends, where the organizer only called for the assessments, and the discoverer told what men called a dream. What happens in a railroad happens also in a Church, or a State.
Address at the Melodeon, Boston (5 Mar 1848), 'A Discourse occasioned by the Death of John Quincy Adams'. Collected in Discourses of Politics: The Collected Works of Theodore Parker: Part 4 (1863), 139. Note: Ralph Waldo Emerson earlier used the phrase pave the road with iron bars, in Nature (1836), 17.
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Until recently even the most generous assessment places the subject [of the origin of the universe] at the edges of objective inquiry if not entirely outside the scientific method.
As quoted in John Noble Wilford, 'Sizing up the Cosmos: An Astronomers Quest', New York Times (12 Mar 1991), C10.
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In science it often happens that scientists say, 'You know that's a really good argument; my position is mistaken,' and then they would actually change their minds and you never hear that old view from them again. They really do it. It doesn't happen as often as it should, because scientists are human and change is sometimes painful. But it happens every day. I cannot recall the last time something like that happened in politics or religion. (1987) -- Carl Sagan
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