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United States Notes: A History of the Various Issues of Paper Money by the ...
John Jay Knox
Δεν υπάρχει διαθέσιμη προεπισκόπηση - 2017
27th Congress act of February act of June act of March amendment authorized the issue bearing interest bills of credit bonds borrow money cent certificates Chief Justice clause coin money coinage Committee Constitution contracts December demand notes denominations deposit depreciated duties emission emit bills exercise February 24 fifty millions five millions fundable funds gold and silver Government issue of treasury January July July 17 June 23 June 30 legal tender legal-tender notes legislation less loan means measure ment national banks necessity notes issued notes were issued October 12 opinion paid paper money payable on demand payment of debts power to borrow private debts prohibited public debt rate of interest receivable in payment redeemable reissued revenue Secretary Senate silver certificates silver coin silver dollar specie payments surplus tender in payment tion treas treasury notes United States notes ury notes Veazie Bank vote
Σελίδα 125 - to raise and support Armies" and "to provide and maintain a Navy.
Σελίδα 16 - Madison, who became satisfied that striking out the words would not disable the government from the use of public notes, so far as they could be safe and proper; and would only cut off the pretext for a paper currency, and particularly for making the bills a tender, either for public or private debts.
Σελίδα 200 - We admit, as all must admit, that the powers of the Government are limited, and that its limits are not to be transcended. But we think the sound construction of the Constitution must allow to the National Legislature that discretion with respect to the means by which the powers it confers are to be carried into execution, which will enable that body to perform the high duties assigned to it in the manner most beneficial to the people.
Σελίδα 159 - Congress a power to lay and collect taxes, duties, imposts, and excises ; to pay the debts, and provide for the common defence, and general welfare of the United States, and to make all laws which shall be necessary and proper for carrying into execution the powers vested by the Constitution in the Government of the United States...
Σελίδα 194 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Σελίδα 195 - And on and after the first day of January, anno Domini eighteen hundred and seventy-nine, the Secretary of the Treasury shall redeem in coin the United States legal-tender notes then outstanding, on their presentation for redemption at the office of the Assistant Treasurer of the United States in the city of New York, in sums of not less than fifty dollars.
Σελίδα 15 - Mr. Ellsworth thought this a favorable moment to shut and bar the door against paper money. The mischiefs of the various experiments which had been made were now fresh in the public mind, and had excited the disgust of all the respectable part of America.
Σελίδα 155 - States, in sums not less than ten dollars, and receive therefor certificates of not less than ten dollars each, corresponding with the denominations of the United States notes. The coin deposited for or representing the certificates shall be retained in the Treasury for the payment of the same on demand.
Σελίδα 197 - If any one proposition could command the universal assent of mankind, we might expect it would be this: that the government of the Union, though limited in its powers, is supreme within its sphere of action.