The Merchants' Magazine and Commercial Review, Volume 481863 |
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Page 30
... propriety of her guaranteeing the national currency . Such a guaranty would in fact only be a promise that the government , in case of the failure of some corporation to whom she 30 [ January , A Uniform National Currency .
... propriety of her guaranteeing the national currency . Such a guaranty would in fact only be a promise that the government , in case of the failure of some corporation to whom she 30 [ January , A Uniform National Currency .
Page 32
... promise to pay . In Massachusetts and New York the inconvenience is comparatively trifling , for the bank currency is composed of the issues of New England and Middle States ; but in the West the people have suffered for years from the ...
... promise to pay . In Massachusetts and New York the inconvenience is comparatively trifling , for the bank currency is composed of the issues of New England and Middle States ; but in the West the people have suffered for years from the ...
Page 66
... promises are capital , instead of being only the medium in which capital is transfered . His view was as follows : " The government can resort to borrowing , only when the issue of notes has become sufficiently large to warrant a just ...
... promises are capital , instead of being only the medium in which capital is transfered . His view was as follows : " The government can resort to borrowing , only when the issue of notes has become sufficiently large to warrant a just ...
Page 118
... promises to double every twenty years . This large future demand calls as urgently for some new sources of supply , as does that of cotton . Not only the mere quantity of tea requires to be looked after , but the quality , since a large ...
... promises to double every twenty years . This large future demand calls as urgently for some new sources of supply , as does that of cotton . Not only the mere quantity of tea requires to be looked after , but the quality , since a large ...
Page 158
... promises to pay . To what extent the currency has been inflated by these means , beyond the legiti- mate wants of commerce , it is impossible to know . So far as the new paper issues merely take the place of the specie and convertible ...
... promises to pay . To what extent the currency has been inflated by these means , beyond the legiti- mate wants of commerce , it is impossible to know . So far as the new paper issues merely take the place of the specie and convertible ...
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Common terms and phrases
acid ad valorem amount annual April association average bales Bank of England bbls benzole bills bonds Boston bullion canal capital centum certificates circulating notes coin Collector commercial contract cost cotton court currency debt December demand demand notes deposits dollars duty England estimated exports fathoms feet florins flour foreign France fund further enacted gallons gold hereby imports increase interest issued January July July 14 labor land legal tender Lottery loan manufacture March ment merchandise merchants miles months naptha nitric acid paid paper payment port pounds present production quantity Railroad receipts received returns revenue river Rockal saltpetre Savings Bank Savings Institution Secretary ship silver specie sugar syrup thereof tion tonnage tons Total trade Treasury Department Troy Savings Bank United vessels Western flotilla wines York
Popular passages
Page 330 - ... false entry in any book, report or statement of the association, with intent in either case to injure or defraud the association or any other company, body politic or corporate, or any individual person, or to deceive any officer of the association, or any agent appointed...
Page 177 - Act, which is similar, either in material, quality, texture, or the use to which it may be applied, to any article enumerated in this Act as chargeable with duty, shall pay the same rate of duty which is levied on the enumerated article which it most resembles in any of the particulars before mentioned...
Page 329 - ... made after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this chapter, or with a View to the preference of one creditor to another, except in payment of its circulating notes, shall be utterly null and void...
Page 327 - ... way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of the nature following: First.
Page 333 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof,
Page 329 - And in cases of such violation, every director who participated in or assented to the same shall be held liable in his personal and individual capacity for all damages which the association, its shareholders, or any other person, shall have sustained in consequence of such violation.
Page 319 - The plates and dies to be procured by the Comptroller of the Currency for the printing of such circulating notes shall remain under his control and direction, and the expenses necessarily incurred in executing the laws...
Page 331 - That suits, actions, and proceedings, against any association under this act, may be had in any circuit, district, or territorial court of the United States held within the district in which such association may be established; or in any state, county, or municipal court in the county or city in which said association is located, having jurisdiction in similar cases...
Page 319 - ... required to supply the associations entitled to receive the same. Such notes shall express upon their face that they are secured by United States bonds...
Page 326 - ... notice thereof in all cases having been given in a newspaper published in the city, town or county in which the association is located; and if no newspaper is published in such city, town or county, such notice shall be published in a newspaper published nearest thereto.