History of Coinage and Currency in the United States and the Perennial Contest for Sound Money, Volume 10 |
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Page xii
... Congress . History of Act of 1873. Omission of Silver Dollar . The Trade Dollar . Silver Production increases . Fall in Price . Sectional Agitation for Rehabilitation of Silver Dollar . The Silver Com- mission of 1876. Free Coinage ...
... Congress . History of Act of 1873. Omission of Silver Dollar . The Trade Dollar . Silver Production increases . Fall in Price . Sectional Agitation for Rehabilitation of Silver Dollar . The Silver Com- mission of 1876. Free Coinage ...
Page 6
... Congress had the power to issue full legal tender notes at any and all times in its discretion , and by in- ference decided that all sovereign powers pertaining to government were reposed in Congress except where specially prohibited ...
... Congress had the power to issue full legal tender notes at any and all times in its discretion , and by in- ference decided that all sovereign powers pertaining to government were reposed in Congress except where specially prohibited ...
Page 13
... Congress . In August , 1778 , after the adoption of the Articles of Confederation , Congress appointed a committee with Robert Morris as chairman , to consider the state of the money and finances of the United States . Morris was ...
... Congress . In August , 1778 , after the adoption of the Articles of Confederation , Congress appointed a committee with Robert Morris as chairman , to consider the state of the money and finances of the United States . Morris was ...
Page 14
... Congress a table of rates at which the various foreign coins should be received at the Treasury of the United States . On January 15 Morris submitted a comprehensive report 1 on a coinage system , in which he pointed out the need not ...
... Congress a table of rates at which the various foreign coins should be received at the Treasury of the United States . On January 15 Morris submitted a comprehensive report 1 on a coinage system , in which he pointed out the need not ...
Page 16
... Congress : " That the money unit of the United States of America be one dollar . " " That the smallest coin be of copper , of which 200 shall pay for one dollar . " " That the several pieces shall increase in decimal ratio . " 2 In ...
... Congress : " That the money unit of the United States of America be one dollar . " " That the smallest coin be of copper , of which 200 shall pay for one dollar . " " That the several pieces shall increase in decimal ratio . " 2 In ...
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Common terms and phrases
Act of June Act of March aforesaid alloy amendment amount authorized bank circulation Bank of United bank-notes banking association bill bimetallism bonds bullion cent centum charter circulating notes clearing-house Comptroller Congress Constitution contracts copper demand denominations deposits directors duty equal established exceeding exchange exports favor February 25 Finance Reports foreign coins free coinage fund gold and silver gold coins gold standard grains greenbacks hereby History of Banking House increase issue July July 14 lawful money legal tender notes legislation less loans measure ment metals national bank note-issues officers paid passed payable payment President proportion public debt public money purchase purpose ratio received redeemed redemption regulations repealed Republicans resumption retired revenue Secretary seigniorage Senate silver certificates silver coins silver dollars sound money specie subtreasury surplus thereof tion Treasury notes United States notes vote weight York
Popular passages
Page 458 - ... to sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in courts of record, or any other place whatsoever : and also to make, have, and use a common seal, and the same to break, alter and renew, at their pleasure ; and also to...
Page 68 - ... for carrying them into execution. The word "necessary" is considered as controlling the whole sentence, and as limiting the right to pass laws for the execution of the granted powers to such as are indispensable, and without which the power would be nugatory...
Page 554 - That the value of foreign coin as expressed in the money of account of the United States shall be that of the pure metal of such coin of standard value; and the values of the standard coins in circulation of the various nations of the world shall be estimated quarterly by the Director of the Mint and be proclaimed by the Secretary of the Treasury quarterly on the 1st day of January, April, July, and October in each year.
Page 65 - States, namely, that every power vested in a government is in its nature sovereign, and includes, by force of the term, a right to employ all the means requisite and fairly applicable to the attainment of the ends of such power, and which are not precluded by restrictions and exceptions specified in the constitution, or not immoral, or not contrary to the essential ends of political society.
Page 505 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 493 - AN ACT providing for the sale of the lands of the United States in the Territory NORTHWEST of the Ohio, and above the mouth of the Kentucky river...
Page 515 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 574 - The value of foreign coin as expressed in the money of account of the United States shall be that of the pure metal of such coin of standard value; and the values of the standard coins in circulation of the various nations of the world shall be estimated annually by the Director of the Mint, and be proclaimed on the first day of January by the Secretary of the Treasury.
Page 459 - That in case it should at any time happen, that an election of directors should not be made on any day when, pursuant to this Act, it ought to have been made, the said corporation shall not, for that cause, be deemed to be dissolved, but...
Page 67 - The result is a conviction that the states have no power, by taxation or otherwise, to retard, impede, burden, or in any manner control the operations of the constitutional laws enacted by Congress to carry into execution the powers vested in the general government.