The Congressional GlobeBlair & Rives, 1837 |
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1231 페이지
... capital . Accordingly , the fact is , that the general credit of the banks is good , and that their paper is always convertible into gold or silver , and for all local purposes forms a local currency equivalent to gold and silver ...
... capital . Accordingly , the fact is , that the general credit of the banks is good , and that their paper is always convertible into gold or silver , and for all local purposes forms a local currency equivalent to gold and silver ...
1301 페이지
... capital , and which it cannot divide to suit the means and capacities of purchasers , because the same amendment con- tains another provision which puts this argument to rest , by expressly prohibiting the Secretary from selling the ...
... capital , and which it cannot divide to suit the means and capacities of purchasers , because the same amendment con- tains another provision which puts this argument to rest , by expressly prohibiting the Secretary from selling the ...
1353 페이지
... capital of two , three , and in some cases eight and ten millions of dollars , their directors are justly charged . with a culpable carelessness about the credit of the institu- tions committed to their care . We are in part the man ...
... capital of two , three , and in some cases eight and ten millions of dollars , their directors are justly charged . with a culpable carelessness about the credit of the institu- tions committed to their care . We are in part the man ...
1359 페이지
... capital , could not raise the means to do it , with out the aid of the Bank of England , for the simple reason that the bonds could not be divided . Now , what would be the effect of this proposition ? Here was a bill before the House ...
... capital , could not raise the means to do it , with out the aid of the Bank of England , for the simple reason that the bonds could not be divided . Now , what would be the effect of this proposition ? Here was a bill before the House ...
1381 페이지
... capital in reality but three hundred dollars , with a credit of thirty thou- id dollars , he would advance such sentiments but to call wn upon his head the denunciations of the wise in this fightened age for his folly and his madness ...
... capital in reality but three hundred dollars , with a credit of thirty thou- id dollars , he would advance such sentiments but to call wn upon his head the denunciations of the wise in this fightened age for his folly and his madness ...
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25th Congress administration adopted amendment amount authority Aycrigg bank notes Bank of England bonds called CAMBRELENG capital cause cent Chairman charter commerce committee Congress considered constitution creditors currency debt demand Department deposite banks deposite law disbursing drafts duty election embarrassments ernment evil exchange Executive existing favor fourth instalment friends funds gentleman from South gold and silver Government honorable House hundred institutions interest issue labor LEVI WOODBURY loan means measure ment merchants millions of dollars Mississippi national bank object officers operation opinion political postponement present President proper proposed proposition public money purpose question received regulate remarks revenue Rice Garland Samson Mason Secretary Senate session South Carolina specie circular specie payments Sub-Treasury Bill thing tion trade Treasury notes Union United States Bank vacancy Virginia vote whole writs of election York
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1617 페이지 - All charges of war, and all other expenses that shall be incurred for the common defence or general welfare, and allowed by the United States in Congress assembled, shall be defrayed out of a common treasury, which shall be supplied by the several states, in proportion to the value of all land within each state...
1617 페이지 - That the General Assembly doth also express its deep regret that a spirit has in sundry instances been manifested by the Federal Government to enlarge its powers by forced constructions of the constitutional charter which defines them...
9 페이지 - The history of trade in the United States, for the last three or four years, affords the most convincing evidence that our present condition is chiefly to be attributed to over-action in all the departments of business ; an over-action deriving, perhaps, its first impulses from antecedent causes, but stimulated to its destructive consequences by excessive issues of bank paper, and by other facilities for the acquisition and enlargement of credit...
11 페이지 - ... the rapid growth among all classes, and especially in our great commercial towns, of luxurious habits, founded too often on merely fancied wealth, and detrimental alike to the industry, the resources, and the morals of our people.
19 페이지 - Department, who also holds office at the pleasure of the President, and some other officers of the same Department, must necessarily be invested with more or less power in the selection, continuance, and supervision of the banks that may be employed. The question is then narrowed to the single point whether in the intermediate stage between the collection and disbursement of the public money the agency of banks is necessary to avoid a dangerous extension of the patronage and influence of the Executive....
1481 페이지 - The most material difference between the results in the two countries has only been that with us there has also occurred an extensive derangement in the fiscal affairs of the Federal and State Governments, occasioned by the suspension of specie payments by the banks.
11 페이지 - ... people. It was so impossible that such a state of things could long continue that the prospect of revulsion was present to the minds of considerate men before it actually came. None, however, had correctly anticipated its severity. A concurrence of circumstances inadequate of themselves to produce such widespread and calamitous embarrassments tended so greatly to aggravate them that they can not be overlooked in considering their history.
15 페이지 - During the long continuance of a national debt, and the intervening difficulties of a foreign war, the connection was continued from motives of convenience ; but these causes have long since passed away. We have no emergencies that make banks necessary to aid the wants of the Treasury, we have no load of national debt to provide for, and we have on actual deposit a large surplus. No public interest, therefore, now requires the renewal of a connection that circumstances have dissolved. The complete...
1539 페이지 - ... be concerned in the purchase or disposal of any public securities of any State, or of the United States, or take or apply to his own use any emolument or gain for negotiating or transacting any business in the said department, other than what shall be allowed by law...
1633 페이지 - Against the motion we urged, that it would be improper to deprive the Congress of that power ; that it would be a novelty unprecedented to establish a government which should not have such authority ; that it was impossible to look forward into futurity so far as to decide that events might...