History of Coinage and Currency in the United States and the Perennial Contest for Sound Money, Volume 10 |
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Page 14
... cent , containing , therefore , 25 grains of silver , to which he proposed adding for alloy two grains of cop- per ; five of these cents to constitute a piece to be called the quint ; and ten , or one thousand of the original units , a ...
... cent , containing , therefore , 25 grains of silver , to which he proposed adding for alloy two grains of cop- per ; five of these cents to constitute a piece to be called the quint ; and ten , or one thousand of the original units , a ...
Page 16
... cent pieces of silver ; all gold and silver coins to be eleven - twelfths fine , with a coinage charge of 2 to 24 per cent ; two copper coins of one cent and one - half cent respectively.1 Action upon the report as a whole was postponed ...
... cent pieces of silver ; all gold and silver coins to be eleven - twelfths fine , with a coinage charge of 2 to 24 per cent ; two copper coins of one cent and one - half cent respectively.1 Action upon the report as a whole was postponed ...
Page 17
... cent in gold or silver and 5 per cent in copper coin . Only copper The act never became fully operative . coins were actually struck under this law , and these were made receivable for taxes and public dues to the extent of 5 per cent ...
... cent in gold or silver and 5 per cent in copper coin . Only copper The act never became fully operative . coins were actually struck under this law , and these were made receivable for taxes and public dues to the extent of 5 per cent ...
Page 25
Alonzo Barton Hepburn. of cents and half cents , and that when $ 50,000 of these Coinage begun . pieces had been struck , public notice be given that after six months from that date no other copper pieces were to pass current , or be ...
Alonzo Barton Hepburn. of cents and half cents , and that when $ 50,000 of these Coinage begun . pieces had been struck , public notice be given that after six months from that date no other copper pieces were to pass current , or be ...
Page 30
... cent be- tween the Spanish and American dollar would have retained the latter in circulation if the former had not ... cents upon every $ 15 or three half eagles . Secretary Crawford , in a letter to a committee of the House of ...
... cent be- tween the Spanish and American dollar would have retained the latter in circulation if the former had not ... cents upon every $ 15 or three half eagles . Secretary Crawford , in a letter to a committee of the House of ...
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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.