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Side 27
We require specie, and we require, too, good bank paper, founded on specie,
representing specie, and convertible into specie, on demand. - We require, in
short, just such a currency as we have long enjoyed, and the advantages of
which we ...
We require specie, and we require, too, good bank paper, founded on specie,
representing specie, and convertible into specie, on demand. - We require, in
short, just such a currency as we have long enjoyed, and the advantages of
which we ...
Side 62
The prudence with which they have been managed is proverbial; their ability to
meet all their engagements is unquestioned; and in regard to specie, as a basis
of circulation-—which the honorable Senator very justly remarked was the only ...
The prudence with which they have been managed is proverbial; their ability to
meet all their engagements is unquestioned; and in regard to specie, as a basis
of circulation-—which the honorable Senator very justly remarked was the only ...
Side 134
The State Banks were now allpaymg specie for their notes; there were about 500
specie paying Banks in the Union; and the credit of many 0! these, in the first
money markets of Europe and America,-—upon the ex'change of New York and ...
The State Banks were now allpaymg specie for their notes; there were about 500
specie paying Banks in the Union; and the credit of many 0! these, in the first
money markets of Europe and America,-—upon the ex'change of New York and ...
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admitted adopted amount appointed argument articles of confederation authority Bank notes benefit bill branch Branch Bank called capital cause character charter circulation citizens coin committee compact confidence Congress Constitution court currency curtailment dangerous debt declared distress dollars duty election established Executive Department executive power exercise existence fact favor federal final find first fiscal five funds gentleman give gold gress hands honorable Senator impeachment influence institution interest issue Kentucky legislative Legislature liberty loans Massachusetts means measure ment millions necessary object ofiice oflice ofthe operation opinion paper party payment political present Bank President principle provision public deposites public moneys purpose question reasons recharter reference reserved powers resolution revenue Secretary South Carolina sovereignty Spanish dollars specie stitution stockholders supposed thing tion Treasury Department Union United States Bank vernment vested violation whole