... advantageous purchases of specie, to replace at once large amounts, and, at no distant day, the whole, of this circulation by coin, without detriment to any interest, but, on the contrary, with great and manifest benefit to all interests. The Secretary... "Greenbacks": Or, the Evils and the Remedy of Using "Promise to Pay the ... - Page 13by Observer - 1864 - 29 pagesFull view - About this book
| American periodicals - 1863 - 774 pages
...contrary, with great and manifest benefit to all interests. ' The Secretary recommends, therefore, no mere paper money scheme, but, on the contrary,...the only permanent basis, standard, and measure of values recognized by the Constitution — between which and an irredeemable paper currency, as he believes,... | |
| Robert John Walker - Finance - 1864 - 406 pages
...contrary, with " great and manifest benefit to all interests. " The Secretary recommends, therefore, no mere paper money " scheme, but, on the contrary,...and gradual return to gold and silver as the only perma" nent basis, standard, and measure of values recognized by the " Constitution — between which... | |
| James Abram Garfield - United States - 1871 - 276 pages
...recommends, therefore, no mere paper-money scheme, but, on the contrary, a series of measures looking 10 a safe and gradual return to gold and silver as the only permanent bH9is, standard, and measure of values recognized by the Constitution, between which and an Irredeemable... | |
| Jacob William Schuckers - History - 1874 - 736 pages
...a system of national bank circulation, declared with emphasis that he proposed "no mere paper-money scheme, but, on the contrary, a series of measures...the only permanent basis, standard and measure of values recognized by the Constitution." 16 of the State banks—a powerful interest in the country—was... | |
| Jacob William Schuckers - Slavery - 1874 - 714 pages
...declared with emphasis that he proposed " no mere paper-money scheme, bat, on the contrary, a aeries of measures looking to a safe and gradual return to...the only permanent basis, standard and measure of values recognized by the Constitution." of the State banks — a powerful interest in the country —... | |
| 1877 - 882 pages
...be made, as Secretary Chase had distinctly pointed ont, between an irredeemable paper currency and a series of measures looking to a safe and gradual return to gold and silver as the only constitutional measure of values ; and at this critical moment Congress was about to take the wrong... | |
| Edward Spencer - Delaware - 1880 - 320 pages
...great and manifest benefit to all interests. The Secretary recommends therefore no mere paper-money scheme, but, on the contrary, a series of measures...the only permanent basis, standard, and measure of values recognised by the Constitution. 1 " The language of Secretary HcCulloch, in 1865,1 have read... | |
| United States. Congress. House - United States - 1880 - 658 pages
...manifest benefit to all interests. " The Secretary recommends, therefore, no mere paper-money scheme, hut. on the contrary, a series of measures, looking to a safe and graduca return to gold and silrer as the only permanent basis, standard, and measure nf raines recognized... | |
| James Abram Garfield - Presidents - 1882 - 842 pages
...establishment of the national banks, and then says : " The Secretary recommends, therefore, no mere paper-money scheme, but, on the contrary, a series of measures...the only permanent basis, standard, and measure of values recognized by the Constitution, — between which and an irredeemable paper currency, as he... | |
| Francis Augustus Brooks - Currency question - 1893 - 68 pages
...favor to excessive issues of any description of credit money. " The Secretary recommends, therefore, no mere paper money scheme, but, on the contrary,...the only permanent basis, standard, and measure of values recognized by the Constitution." These recommendations of Secretary Chase, relating to the creation... | |
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