Annual Report of the Secretary of the Treasury on the State of the Finances for the Year ...U.S. Government Printing Office, 1879 - Finance, Public |
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Page ix
... notes in the collection of duties or in the payment of the principal or interest of the public debt . The great body of coin indebtedness has been paid in United States notes at the request of creditors . The total amount of United States ...
... notes in the collection of duties or in the payment of the principal or interest of the public debt . The great body of coin indebtedness has been paid in United States notes at the request of creditors . The total amount of United States ...
Page x
... notes to be redeem- able on demand in coin shall be gradually reduced to the sum of $ 300,000,000 . The act approved May 31 , 1878 , increases the maximum of United States notes , upon which resumption is to be maintained , to the sum ...
... notes to be redeem- able on demand in coin shall be gradually reduced to the sum of $ 300,000,000 . The act approved May 31 , 1878 , increases the maximum of United States notes , upon which resumption is to be maintained , to the sum ...
Page xi
... notes which might possibly occur . The Secretary is , therefore , of opinion that the provisions of existing law are ample to enable the Department to maintain resumption even upon the present volume of United States notes . In view ...
... notes which might possibly occur . The Secretary is , therefore , of opinion that the provisions of existing law are ample to enable the Department to maintain resumption even upon the present volume of United States notes . In view ...
Page xii
... notes without inter- est , and the people prefer such notes to coin , as money , for their con- venience in use and their certain redemption in coin on demand . This mutual advantage may be secured without the exercise of questionable ...
... notes without inter- est , and the people prefer such notes to coin , as money , for their con- venience in use and their certain redemption in coin on demand . This mutual advantage may be secured without the exercise of questionable ...
Page xx
... notes outstanding , which , together with the coin , is much in excess of the amount of the reserves required by law . They have constantly held as security for their circulating - notes , and for Government deposits and other pur ...
... notes outstanding , which , together with the coin , is much in excess of the amount of the reserves required by law . They have constantly held as security for their circulating - notes , and for Government deposits and other pur ...
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Common terms and phrases
&c.—Continued 00 1 collector 00 1 deputy Aggregate avail annual Appropriations Repayments assay-office average Balances of ap bonds bullion cal year ending Carolina certificates certificates of deposit circulation claims coinage collector and inspector Comptroller Congress consul Contingent expenses December 31 Department deputy collector disbursing ending June 30 exhibiting the balances exports fiscal year 1879 fiscal year ending Five-twenties fractional currency gold and silver increase Indian interest on redemption internal revenue issued January July July 14 late collector light-station March 31 millions Miscellaneous Missouri National Bank national-bank notes North Carolina objects of appropriations October Ohio Pacific paid Payments dur pensions Post-Office propriations public debt public moneys Quarter ended receipts receiver of public redeemed refunding refunding certificates River Salaries office San Francisco Secretary September 30 Statutes surplus fund June Territory tion tobacco Total unexpended June 30 United States mint United States notes Virginia Washington York
Popular passages
Page 155 - SEC. 3. That every association organized, or to be organized under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the Treasury of the United States, in lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation...
Page x - And when any of said notes may be redeemed or be received into the treasury under any law, from any source whatever, and shall belong to the United States, they shall not be retired, cancelled, or destroyed, but they shall be reissued and paid out again and kept in circulation...
Page 175 - The taking, receiving, reserving or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Page 256 - No allowance or compensation shall be made to any officer or clerk, by reason of the discharge of duties which belong to any other officer or clerk in the same or any other Department; and no allowance or compensation shall be made for any extra services whatever, which any officer or clerk may be required to perform, unless expressly authorized by law.
Page 97 - States on account of such bank, or trust company, which shall diminish the assets thereof necessary for the full payment of all Its depositors; and such tax shall be abated from such national banks as are found by the Comptroller of the Currency to be Insolvent...
Page 253 - ... after the allowance of such a claim, the ascertainment of the amount due, and the issuing of a warrant for the payment thereof.
Page x - And, to enable the Secretary of the Treasury to prepare and provide for the redemption in this act authorized or required, he is authorized to use any surplus revenues from time to time in the Treasury not otherwise appropriated, and to issue, sell, and dispose of, at not less than par in coin, either of the descriptions of bonds of the United States described in the act of Congress approved July 14, 1870, entitled ' An act to authorize the refunding of the national debt...
Page 58 - ... for detecting and bringing to trial and punishment persons guilty of violating the internal revenue laws, or conniving at the same, in cases where such expenses are not otherwise provided for by law.
Page 256 - Section 1765 declares that no officer in any branch of the public service, or any other person whose salary, pay, or emoluments are fixed by law or regulations, shall receive any additional pay, extra allowance, or compensation, in any form whatever...
Page 113 - But the plan proposed would create a constant demand, equaling and often exceeding the supply. Thus a steady uniformity in price would be maintained, and generally at a rate somewhat above those of bonds of equal credit, but not available to banking associations. It is not easy to appreciate the full benefits of such conditions to a government obliged to borrow.