Facts and Suggestions in Relation to the Present State of the Times Addressed to the People of New-Hampshire

Εξώφυλλο
C. W. Brewster, 1838 - 20 σελίδες
 

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Σελίδα 8 - Both the constitutionality and the expediency of the law creating this bank are well questioned by a large portion of our fellow-citizens, and it must be admitted by all that it has failed in the great end of establishing a uniform and sound currency.
Σελίδα 10 - JANUARY, 1811. known for twenty years, and you place your estate in the bands and at the disposal of twenty or thirty entire strangers, of whose character and responsibility you know nothing, nor have the means of acquiring any knowledge, and over whose conduct you have no control. Should an individual act thus with his property, he would be deemed to have lost all regard for it, if not considered a madman.
Σελίδα 15 - Sir, the project astonishes me. It is to bring a second time, upon this land, the curse of an unregulated, uncontrolled, State Bank paper currency. We are again to see the drama, which already, in the course of the present century, has passed before us, and closed in ruin. If the project shall be successful, we are again to see these...
Σελίδα 7 - ... any point where they may be wanted, free of expense, it must be apparent that the committee are correct, to the very letter, in stating that the bank has furnished, both to the government and to the people, a currency of absolutely uniform value in all places, for all the purposes of paying the public contributions, and disbursing
Σελίδα 13 - On the other hand, the multiplication of banks in the several States has so increased the quantity of paper currency that it would be difficult to calculate its amount, and still more difficult to ascertain its value, with reference to the capital on which it has been issued.
Σελίδα 7 - Government to any point where they may be wanted, free of expense, it must be apparent that the Committee are correct to the very letter in stating that the bank has furnished, both to the Government and to the people, a currency of absolutely uniform value in all places, for all the purposes of paying the public contributions and disbursing the public revenue.
Σελίδα 6 - All they now ask is that this institution in that State may not continue to be an engine of political oppression by any party.
Σελίδα 10 - States are, by many of the charters, forbidden, without a special permission from the State. As it is not perceived, on the other hand, that a single advantage will accrue to the public from the change, no reason presents itself, on the ground of expediency, why an untried system should be substituted to one under which the treasury business has so long been conducted with perfect security to the United States, and great convenience, not only to the officers, but also to all those who have had payments...
Σελίδα 10 - Congress may indeed prevent the operation of this bank after the 4th of March, but Congress can neither prevent a spirit of trade, nor subdue the passion for speculation. For, while we are debating the expediency of destroying this bank, in order to free the country from the mischiefs of an extended bank credit, we find new banks springing into existence in every direction. We have no less than five bills now on our table for incorporating this number of banks in this ten-mile-square District.
Σελίδα 6 - First, that, in the choice of i la agenU and the distribution of its loans, it should be wholly indifferent to political parties; and, second, that, in all its operations, it should be totally independent of the officers of the Government. In respect to the first, the infusion of the spirit of party into every thing around us, causes a constant effort to draw the institution Within the sphere of what are called politics. With...

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