Joint Discussions Between Gen. Thomas Ewing, of Ohio, and Gov. Stewart L. Woodford, of New York, on the Finance Question: Held at Circleville, Wilmington, Tiffin, and Columbus, Ohio, October 2, 4, 8, and 9, 18751876 - 157 pages |
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amount Andrew Jackson Andrew Johnson bank currency Bank of France bill bill-holder bond-holder bonded debt bought Circleville Constitution contraction corn cowry shells debate Democratic party Democratic platform destroy dollar in gold Dutch Republic faith five dollars five per cent five-twenty bonds fractional currency fractional money friend says gamble give gold and silver gold bonds gold piece Government greenback currency industries inflation interest issue Jay Cooke Jefferson John Sherman labor land Laughter and applause legal tender paper ment money power national bank notes Ohio paid in gold pledge premium public debt question redeem rency Republican party repudiation resumption of specie retired Secretary sell seventeen per cent Shawnee Sir Robert Peel specie payment specie resumption law tender paper money thing Thomas Jefferson tion to-day United States notes volume Wall Street wants of trade Woodford worth York
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Page 117 - ... conflicting questions and interpretations of the laws by virtue of which such obligations have been contracted, it is hereby provided and declared that the faith of the United States is solemnly pledged to the payment in coin, or its equivalent, of all the obligations of the United States, not bearing interest, known as United States notes, and of all the interest-bearing obligations of the United States, except in cases where the law, authorizing the issue of any such obligation, has expressly...
Page 12 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 117 - ... by virtue of which such obligations have been contracted, it is hereby provided and declared that the faith of the United States is solemnly pledged to the payment in coin or its equivalent of all the obligations of the United States...
Page 136 - That the Secretary of the Treasury is hereby authorized and required, as rapidly as practicable, to cause to be coined at the mints of the United States, silver coins of the denominations of ten, twenty-five, and fifty cents, of standard value, and to issue them in redemption of an equal number and amount of fractional currency of similar denominations, or, at his discretion, he may issue such silver coins through the mints, the sub-treasuries, public...
Page 152 - But pleasures are like poppies spread, You seize the flow'r, its bloom is shed; Or like the snow falls in the river, A moment white — then melts for ever...
Page 114 - Most unquestionably there is no legal tender, and there can be no legal tender, in this country, under the authority of this government or any other, but gold and silver, either the coinage of our own mints or foreign coins, at rates regulated by congress. This is a constitutional principle, perfectly plain and of the very highest importance. The states are expressly prohibited from making anything but gold and silver...
Page 135 - Representatives passed a resolution, by a vote of 144 yeas to 6 nays, concurring "in the views of the Secretary of the Treasury in relation to the necessity of a contraction of the currency, with a view to as early a resumption of specie payments as the business interests of the country will permit, ' ' and pledging ' 'cooperative action to this end as speedily as possible.
Page 135 - Resolved That this House cordially concurs in the views of the Secretary of the Treasury in relation to the necessity of a contraction of the currency with a view to as early a resumption of specie payments as the business interests of the country will permit; and we hereby pledge cooperative action to this end as speedily as practicable.
Page 30 - 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.
Page 60 - Sec. 2. That so much of section three thousand five hundred and twenty-four of the Revised Statutes of the United States as provides for a charge of one-fifth of one per centum for converting standard gold bullion into coin is hereby repealed ; and hereafter no charge shall be made for that service.