Essays on the Monetary History of the United StatesMacmillan, 1900 - 292 strani |
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100 sterling amount assembly authorized bank barter currency Belknap bills issued bills of credit Bronson burned Burrington cent circulation coinage coins commodities Cong Congress debtors debts depreciation Discourse Douglass emission emitted England ernor exchange favor Felt Fernow Financier funds gold and silver Gouge governor greenbacks Hampshire Hist Hutchinson Idem increased inflationists interest Iredell issue bills issue of bills issues of paper John Witherspoon legal tender legislature loan Massachusetts McRee medium ment nominal value North Carolina old bills old tenor ounce outstanding paid paper currency paper money Papers of N. H. passed payable payment poll tax Potter and Rider price of silver province ratio received Records Recs redemption reissued rency retired Rhode Island secured shillings silver party Spanish dollar specie Sumner taxes levied tion treasury notes U. S. Stat VIII voted wampum Weeden Williamson worth Yale Rev
Priljubljeni odlomki
Stran 69 - If I were to be called upon to draw a picture of the times and of men, from what I have seen, heard, and in part know, I should in one word say, that idleness, dissipation, and extravagance seem to have laid fast hold of most of them; that speculation, peculation, and an insatiable thirst for riches seem to have got the better of every other consideration, and almost of every order of men...
Stran 70 - If it saved the State, it has also polluted the equity of our laws ; turned them into engines of oppression and wrong: corrupted the justice of our public administration : destroyed the fortunes of thousands of those who had the most confidence in it ; enervated the trade, husbandry and manufactures of our country, and gone far to destroy the morality of our people.
Stran 2 - No complaint, however, is more common than that of a scarcity of money. Money, like wine, must always be scarce with those who have neither wherewithal to buy it, nor credit to borrow it.Those who have either, will seldom be in want either of the money, or of the wine which they have occasion for.
Stran 1 - With the growth of numbers, the rise of manufacturing and commercial industries, and the increase of wealth, the desire for a cheap currency has gradually diminished; but this has no sooner taken place in the more populous states than the old phenomena have reappeared in newly settled districts, while any localities that have remained sparsely peopled and devoted chiefly to agricultural pursuits have always furnished a favorable field for the old propaganda.
Stran 203 - ... to her. It was also made a legal tender, but which, of course, was not obligatory after the adoption of the Federal Constitution. A large amount, say between four and five hundred thousand dollars, remained in circulation after that period, and continued to circulate for more than twenty years at par with gold and silver during the whole time, with no other advantage than being received in the revenue of the state, which was much less than $100,000 per annum. I speak on the information of citizens...
Stran 80 - States; there was no nation which had guarded its currency with more care ; for the framers of the constitution, and those who enacted the early statutes on this subject, were hardmoney men; they had felt, and therefore duly appreciated the evils of a paper medium.
Stran 202 - North Carolina, just after the Revolution, issued a large amount of paper which was made receivable in dues to her. It was also made a legal tender, but which, of course, was not obligatory after the adoption of the Federal Constitution.
Stran 71 - A bankrupt faithless republic would be a novelty in the political world, and appear among reputable nations like a common prostitute among chaste and respectable matrons.