Greenbacks, Or, The Evils and the Remedy of Using "promise to Pay to the Bearer on Demand" as a Measure of Value |
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Page 5
... tion may be considered as the cause of this scheme's not becoming more extended , and of its not maintaining the little popularity which at one time it seemed to have acquired . A young man , who might hold a note of a Safety Fund bauk ...
... tion may be considered as the cause of this scheme's not becoming more extended , and of its not maintaining the little popularity which at one time it seemed to have acquired . A young man , who might hold a note of a Safety Fund bauk ...
Page 11
... tion of the banks , the reader can judge ; the effect was to uncondition- ally release them from their offer or obligation to redeem the Treasury notes with gold ; for should one be presented for redemption , after legal tender notes ...
... tion of the banks , the reader can judge ; the effect was to uncondition- ally release them from their offer or obligation to redeem the Treasury notes with gold ; for should one be presented for redemption , after legal tender notes ...
Page 16
... tion . 66 66 66 3,000,000 has of 9,000,000 66 66 66 $ 7,117 1,705 The City Bank ...... with a capital of $ 1,000,000 has no circulation . The Bank of America The Bank of Commerce 66 The fifty - four banks , from the statements of which ...
... tion . 66 66 66 3,000,000 has of 9,000,000 66 66 66 $ 7,117 1,705 The City Bank ...... with a capital of $ 1,000,000 has no circulation . The Bank of America The Bank of Commerce 66 The fifty - four banks , from the statements of which ...
Page 23
... tion was followed by an agreement " that no other government stocks , bonds , or Treasury notes " than those which bore seven three - tenths in- terest , which the bankers had agreed to " shall be negotiated or paid out by the ...
... tion was followed by an agreement " that no other government stocks , bonds , or Treasury notes " than those which bore seven three - tenths in- terest , which the bankers had agreed to " shall be negotiated or paid out by the ...
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Common terms and phrases
annum Assistant Treasurers August agreement authorized bank speculators bank-notes banking department bankrupt law bearer on demand bearing interest business of banking capital centum certificate circulation commercial Congress debt demand notes demand Treasury notes deposit depositors duties on imports Elkhart exchange expenditures five-twenty bonds free bankers Free Banking Law Greenbacks held hence interest on money interest paid interest-bearing notes issued as money labor law was enacted lawful money laws of trade legal tender notes legislators loan measure of value ment National Banks National Currency Act National Free Banking National Note currency operating panic paper as money paper-money scheme pay on demand pay the bearer payable on demand people's pockets pledge scheme pledged securities probably promises to pay receipts receive interest receive the interest redemption sanction sand dollars scheme of banking Secretary securities pledged seems special charter special laws specie payments tion Trea United States notes United States Treasury usury York