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Act of July Act of March American amount authorized Bank of England Bank of France bankers bill bondholders bonds brokers bullion bullionists capital cause Clearing-house coinage commercial Congress contraction creditor currency debt Demand notes Democratic demonetized deposits discount England Europe exchange fact favor February 25 five per cent foreign France gold and silver gold-bugs Gould Government Greenbacks House interest issue January John Sherman July 17 labor lawful money legal tender legal-tender notes loan ment metal millions months paid panic paper money party passed payable premium President purchased railroad received redeem resumption says Secretary securities sell Senate Seney Seney Syndicate Sherman silver certificates silver coin silver dollar six per cent sold specie payments speculation taxes three per cent tion trade trade dollar Treasury notes Tribune United United States notes Vanderbilt Wall Street wheat York
第 58 頁 - Both the constitutionality and the expediency of the law creating this Bank are well questioned by a large portion of our fellow-citizens ; and it must be admitted by all that it has failed in the great end of establishing a uniform and sound currency.
第 301 頁 - ... as may be necessary to provide for the redemption of the Treasury notes herein provided for, and any gain or seigniorage arising from such coinage shall be accounted for and paid into the Treasury.
第 59 頁 - But, when the laws undertake to add to these natural and just advantages, artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer, and the potent more powerful, the humble members of society, the farmers, mechanics, and laborers, who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their government There are no necessary evils in government.
第 49 頁 - But, for the interests of the Community at large, as well as for the purposes of the Treasury, it is essential that the Nation should possess a currency of equal value, credit and use, wherever it may circulate. The Constitution has entrusted Congress, exclusively, with the power of creating and regulating a currency of that description...
第 59 頁 - It is maintained by some that the bank is a means of executing the constitutional power "to coin money, and regulate the value thereof." Congress have established a Mint to coin money, and passed laws to regulate the value thereof. The money so coined, with its value so regulated, and such foreign coins as Congress may adopt, are the only currency known to the constitution. But if they have other power to regulate the currency, it was conferred to be exercised by themselves, and not to be transferred...
第 43 頁 - Resolved, That the Committee of Ways and Means be directed to inquire into the expediency of authorizing the Secretary of the Treasury to issue notes convenient for circulation...
第 301 頁 - July, 1891, and after that time he shall coin of the silver bullion purchased under the provisions of this act as much as may be necessary to provide for the redemption of the Treasury notes herein provided for...
第 145 頁 - ... the faith of the United States is solemnly pledged to the payment in coin, or its equivalent, of all t he obligations of the United States...
第 63 頁 - He never stooped to the arena of partisan discussions, but in the consideration of important subjects, especially that of the removal of the public deposits from the Bank of the United States, he proved himself to be a statesman of high rank, and a most accomplished debater.