History of Coinage and Currency in the United States and the Perennial Contest for Sound Money |
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Page 526
And all debts due to any association , on which interest is past due and unpaid for a period of 6 months , unless the same shall be well secured , and shall be in process of collection , shall be considered bad debts within the meaning ...
And all debts due to any association , on which interest is past due and unpaid for a period of 6 months , unless the same shall be well secured , and shall be in process of collection , shall be considered bad debts within the meaning ...
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actually adopted amount association authorized bill bonds bullion capital cause cent certificates charter circulation coin coinage Comptroller Congress Constitution continued contracts currency debt demand deposits directed directors dollar duty effect equal established exchange existing exports favor foreign fund further give gold gold and silver grains greater held History House important increase interest issue July June legal tender less limit loans March means measure ment metals national bank necessary notes officers organized paid passed payable payment period persons piece practically present President principal proportion purchase question ratio received redeemed redemption regulations reserve respective result retired Secretary Senate silver silver coins specie standard thereof tion trade Treasury Treasury notes United 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.
Bibliographic information
| Title | History of Coinage and Currency in the United States and the Perennial Contest for Sound Money |
| Author | Alonzo Barton Hepburn |
| Publisher | Macmillan, 1903 |
| Original from | the University of California |
| Digitized | 30 Nov 2007 |
| Length | 666 pages |
| Export Citation | BiBTeX EndNote RefMan |