The Financial Economy of the United States Illustrated: And Some of the Causes which Retard the Progress of California Demonstrated ; with a Relevant Appendix |
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
Common terms and phrases
action allowed American amount basis bills of credit bonds branches California called cent circulation citizens commerce Congress Constitution contracts Court currency debt demand deposit difference dollars duty effect entirely equal exchange existence fact false Federal Government five follows foreign gain give gold and silver gold coin Government hand Hence hundred imports impossible increase industries institutions interest issue justice keep kind land legal tender legislation less loans loss matter means measure ment metals millions of dollars mines National banks nature needed never notes operations paid paper money pass payment position possess principle promises proper rates reason receive regulate require rule sound specie specie payments standard stocks tariff tion trade Treasury Treasury notes Union United value of gold wealth whole yield York
Popular passages
Page 313 - 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.
Page 312 - If the end be legitimate and within the scope of the Constitution, all the means which are appropriate, which are plainly adapted to that end, and which are not prohibited, may constitutionally be employed to carry it into effect.
Page 66 - ... in all parts of the United States in payment of taxes, excises, public lands, and all other dues to the United States, except for duties on imports ; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Page 57 - The Legislature, shall have no power to pass any act granting any special charter for banking purposes ; but corporations or associations may be formed for such purposes under general laws.
Page 233 - But thou shalt have a perfect and just weight, a perfect and just measure shalt thou have: that thy days may be lengthened in the land which the LORD thy God giveth thee.
Page 311 - The Government then of the United States can claim no powers which are not granted to it by the Constitution; and the powers actually granted must be such as are expressly given, or given by necessary implication.
Page 313 - The power of creating a corporation, though appertaining to sovereignty, is not, like the power of making war, or levying taxes, or of regulating commerce, a great substantive and independent power, which cannot be implied as incidental to other powers, or used as a means of executing them. It is never the end for which other powers are exercised, but a means by which other objects are accomplished.
Page 112 - emit' is never employed in describing those contracts by which a State binds itself to pay money at a future day, for services actually received, or for money borrowed for present use; nor are instruments executed for such purposes, in common language, denominated 'bills of credit.
Page 236 - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Page 69 - The power to make anything but gold and silver a tender in payment of debts is withdrawn from the States on the same principle with that of issuing a paper currency.
Bibliographic information
| Title | The Financial Economy of the United States Illustrated: And Some of the Causes which Retard the Progress of California Demonstrated ; with a Relevant Appendix The Financial Economy of the United States Illustrated: And Some of the Causes which Retard the Progress of California Demonstrated ; with a Relevant Appendix, John Alexander Ferris |
| Author | John Alexander Ferris |
| Publisher | A. Roman & Company, 1867 |
| Original from | Oxford University |
| Digitized | 6 Dec 2006 |
| ISBN | 059827930X, 9780598279309 |
| Length | 356 pages |
| Export Citation | BiBTeX EndNote RefMan |