History of the Monetary Legislation and of the Currency System of the United States: Embracing Rare and Invaluable DocumentsJ. J. McVey, 1896 - Počet stran: 128 |
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History of the Monetary Legislation and of the Currency System of the United ... Robert E Preston,James Herron Eckels Náhled není k dispozici. - 2016 |
History of the Monetary Legislation and of the Currency System of the United ... Robert E. Preston Náhled není k dispozici. - 2015 |
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act of February act of July adopted Alexander Hamilton alloy amount assayed cent circulation coinage of silver commercial ratio Congress copper currency system debt depreciation dollar pieces double standard England equal established exchange exportation favor February 12 foreign coins France free coinage gold and silver gold coins gold dollar gold or silver gold reserve gold standard Government grains of pure grains of standard greater half dollars Hamilton hundred inconvenience intrinsic value issued July 14 legal ratio legal tender legal-tender notes less metals monetary legislation monetary system money of account money unit nearly operation ounces of silver payment piece of eight pound present principles profit proportion purchase pure gold pure silver quantity receive redeem regulated Secretary shillings silver bullion silver coins silver dollar Spanish dollar Spanish milled dollar specie standard silver tion token coins trade Treasury notes United States mint value of gold worth
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Strana 3 - President, when the mariner has been tossed, for many days, in thick weather, and on an unknown sea, he naturally avails himself of the first pause in the storm, the earliest glance of the sun, to take his latitude, and ascertain how far the elements have driven him from his true course.
Strana 108 - ... the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law.
Strana 105 - And it is hereby declared to be the policy of the United States to continue the use of both gold and silver as standard money, and to coin both gold and silver into money of equal intrinsic and exchangeable value, such equality to be secured through international agreement, or by such safeguards of legislation as will insure the maintenance of the parity in value of the coins of the two metals, and the equal power of every dollar at all times in the markets and in the payment of debts.
Strana 71 - But, upon the whole, it seems to be most advisable, as has been observed, not to attach the unit exclusively to either of the metals; because this cannot be done effectually, without destroying the office and character of one of them as money, and reducing it to the situation of a mere merchandise...
Strana 68 - Dollars, or units ; each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and foursixteenth parts of a grain of pure, or four hundred and sixteen grains of standard, silver.
Strana 111 - States, and when so redeemed may be reissued ; but no greater or less amount of such notes shall be outstanding at any time than the cost of the silver bullion, and the standard silver dollars coined therefrom, then held in the treasury, purchased by such notes...
Strana 104 - States a sum equal to five per centum of its circulation, to be held and used for the redemption of its circulating notes, and the balance remaining of the deposits so covered shall, at the close of each month, be reported on the monthly public debt statement as debt of the United States bearing no interest.
Strana 104 - That every association organized, or to be organized under the provisions of the said act, and of the several acts amendatory thereof, shall at all times keep and have on deposit in the Treasury of the United States, in lawful money of the United States, a sum equal to five per centum of its circulation, to be held and used for the redemption of such circulation...
Strana 108 - Treasury notes shall be a legal tender in payment of all debts, public and private, except where otherwise expressly stipulated in the contract...
Strana 103 - ... such purchases of silver bullion Treasury Notes of the United States, to be prepared by the Secretary of the Treasury, in such form and of such denominations, not less than one dollar nor more than one thousand dollars, as he may prescribe...