Proceedings and Debates of the Convention of the Commonwealth of Pennsylvania: To Propose Amendments to the Constitution, Commenced ... at Harrisburg, on the Second Day of May, 1837, 6권Packer, Barrett, and Parke, 1838 |
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adjourn adopted amendment amount argument bank notes Bank of England banking institutions banking system Beaver county believe Berks County bill body capital cent charge charter circulation citizens committee commonwealth conspiracy constitution convention corporations county of Philadelphia Darlington debts delegate democratic democratic party directors duty effect evil fact favor five dollars gentleman from Beaver gentleman from Franklin gentleman from Indiana gentleman from Susquehanna gold and silver Harrisburg increase individual interests issues labor Lancaster county legislative legislature less denomination M'Cahen matter means ment motion object opinion party Pennsylvania Philadelphia county political present President privileges proper proposed proposition provision question Read resolution restrictions seventh article Sterigere stockholders suppose suspend specie payments suspension of specie Susquehanna county sylvania thing tion United States Bank usury vote wealth whig whole wish
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119 페이지 - ... at the greatest elevation, may command the whole property and industry of the community, and control its fiscal operations. The banking system concentrates and places this power in the hands of those who control it, and its force increases just in proportion as it dispenses with a metallic basis.
190 페이지 - Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial. How they should be created, what privileges they should...
85 페이지 - Out of thine own mouth will I judge thee, thou wicked servant. Thou knewest that I was an austere man, taking up that I laid not down, and reaping that I did not sow : 23 Wherefore then gavest not thou my money into the bank, that at my coming, I might have required mine own -with usury?
190 페이지 - ... laws and are found to be safe and beneficial. How they should be created, what privileges they should enjoy, under what responsibilities they should act, and to what restrictions they should be subject are questions which, as I observed on a previous occasion, belong to the States to decide. Upon their rights or the exercise of them the General Government can have no motive to encroach.
59 페이지 - The circulation of every country may be considered as divided into two different branches ; the circulation of the dealers with one another, and the circulation between the dealers and the consumers.
119 페이지 - The currency of a country is to the community what the blood is to the human system. It constitutes a small part, but it circulates through every portion, and is indispensable to all the functions of life. The currency bears even a smaller proportion to the aggregate capital of the community than what the blood does to the solids in the human system.
119 페이지 - ... our free republican institutions, to the industry and business of the country, and, above all, to our moral and intellectual development, the great object for which we were placed here by the Author of our being. Can it be doubted what must be the effects of a system whose operations have been shown to be so unequal on free institutions, whose foundation rests on an equality of rights 1 Can that favor equality which gives to one portion of the citizens and the country such decided advantages...
59 페이지 - The commerce and industry of the country, however, it must be acknowledged, though they may be somewhat augmented, cannot be altogether so secure, when they are thus, as it were, suspended upon the Daedalian wings of paper money, as when they travel about upon the solid ground of gold and silver.
241 페이지 - Banks properly established and conducted, are highly useful to the business of the country, and doubtless will continue to exist in the states so long as they conform to their laws, and are found to be safe and beneficial. How they should be created, what privileges they should enjoy, under what responsibilities they should act, and to what restrictions they should be subject, are questions which, as I observed on a previous occasion, belong to the states to decide.
119 페이지 - ... the blood does to the solids in the human system. What that proportion is, has not been, and perhaps cannot be, accurately ascertained, as it is probably subject to considerable variations. It is, however, probably between twenty-five and thirty-five to one. I will -assume it to be thirty to one. With this assumption, let us suppose a community whose aggregate capital is $31,000,000 ; its currency w,ould be, by supposition, one million, and the residue of its capital thirty millions. This being...