Annual Report of the Secretary of the Treasury on the State of the Finances for the Year ...U.S. Government Printing Office, 1876 - Finance, Public |
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Page xi
... tion thereof , of the said four and one - half per cent . bonds , authorized by the aforesaid acts , by notifying the Secretary on or before the 30th day of June , 1877 , the Secretary reserving the right to terminate the con- tract at ...
... tion thereof , of the said four and one - half per cent . bonds , authorized by the aforesaid acts , by notifying the Secretary on or before the 30th day of June , 1877 , the Secretary reserving the right to terminate the con- tract at ...
Page xii
... tion of the United States notes in coin . " By the act of January , 1875 , Congress declared the purpose of re- sumption of specie payments on January 1 , 1879 , and to that end , and in execution of the pledge of the act of 1869 ...
... tion of the United States notes in coin . " By the act of January , 1875 , Congress declared the purpose of re- sumption of specie payments on January 1 , 1879 , and to that end , and in execution of the pledge of the act of 1869 ...
Page xiv
... tion and the hard - money traditions of our people . That policy which tolerated the continuance of these notes as money after the close of the war , must be regarded as a public misfortune . At that time they were , according to ...
... tion and the hard - money traditions of our people . That policy which tolerated the continuance of these notes as money after the close of the war , must be regarded as a public misfortune . At that time they were , according to ...
Page xvi
... tion of the needful amount of coin against the day of resumption , but , as the necessary amount on a given day is determinate only at the option of the holders of the notes to be redeemed , the amount to be provided for is necessarily ...
... tion of the needful amount of coin against the day of resumption , but , as the necessary amount on a given day is determinate only at the option of the holders of the notes to be redeemed , the amount to be provided for is necessarily ...
Page xvii
... tion of an amount of coin equal to a moiety of the sum total of these notes would be an ample preparation ; but , while it is to be hoped that the credit of our bonds may not be less in 1879 , it may not be known that in other respects ...
... tion of an amount of coin equal to a moiety of the sum total of these notes would be an ample preparation ; but , while it is to be hoped that the credit of our bonds may not be less in 1879 , it may not be known that in other respects ...
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Common terms and phrases
&c.-Continued 00 1 deputy act of June act of March Amount expended appropriation authorized Balance bonds Cape capital cent circulation clerk coast coinage collector and inspector Congress consul Contingent expenses custom-house December 31 Delaware deposits deputy collector eastern district ended June 30 expenditures fiscal year 1876 fiscal year ended fractional currency fund gold Harbor interest issue January Jersey July Lake Lake Michigan Lake Superior last fiscal late collector legal tender liabilities life-saving stations light-house light-station loan manufactures March 31 Massachusetts Michigan National Bank North Carolina number of lives number of persons October Ohio outstanding Pacific paid payment post-office public moneys Quarter ended re-imbursement receipts receiver of public redeemed redemption Refund of duty repairs Rhode Island River Saint Salaries Schr Secretary Sept September 30 Shoal Stat statement Statutes surfmen Tennessee tion Total amount Total number United United States notes vessels Virginia York
Popular passages
Page 128 - An act to repeal the State tax on real and personal property, and to continue and extend the improvements of the State by railroads and canals, and to charter a State Bank, to be called the United States Bank.
Page xii - And the United States also solemnly pledges its faith to make provision at the earliest practicable period for the redemption of the United States notes in coin.
Page xii - ... the faith of the United States is solemnly pledged to the payment in coin or its equivalent of all the obligations of the United States...
Page 631 - ... the executive branch of the government, and be subject to revision only by Congress or the proper courts. The head of the proper department, before signing a warrant for any balance certified to him by a Comptroller, may, however, submit to such Comptroller any facts in his judgment affecting the correctness of such balance, but the decision of the Comptroller thereon shall be final and conclusive, as hereinbefore provided.
Page 303 - That the proportional value of gold to silver in all coins which shall by law be current as money within the United States, shall be as fifteen to one, according to quantity in weight, of pure gold or pure silver; that is to say, every fifteen pounds weight of pure silver shall be of equal value in all payments, with one pound weight of pure gold, and so in proportion as to any greater or less quantities of the respective metals.
Page 285 - ... legal tender at their nominal value for any amount not exceeding five dollars in any one payment.
Page xxii - That any association organized under this act, or any of the acts of which this is an amendment, desiring to withdraw its circulating notes, in whole or in part, may, upon the deposit of lawful money with the Treasurer of the United States in sums of not less than nine thousand dollars, take up the bonds which said association has on deposit with the Treasurer for the security of such circulating...
Page 138 - In case of the insolvency of any bank or banking association, the billholders thereof shall be entitled to preference, in payment, over all other creditors of such bank or association.
Page ix - July, 1862, which is to be set apart as a sinking fund, and the interest of which shall in like manner be applied to the purchase or payment of the public debt as the Secretary of the Treasury shall from time to time direct.
Page 138 - The Legislature shall have no power to pass any act granting any special charter for banking purposes; but corporations or associations may be formed for such purposes under general laws.