The Optional Standard: A Speech Delivered in the Senate of the United States, June 28, 1876; Also The Conference Report on Silver, a Speech Delivered in the Senate of the United States, July 15, 1876 |
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The Optional Standard, a Speech Delivered in the Senate of the United States ... John P. Jones No preview available - 2015 |
The Optional Standard: A Speech Delivered in the Senate of the United States ... No preview available - 2020 |
Common terms and phrases
15 per cent adopted amendment AMERICAN DOLLAR amount argument bill bonds cause cheaper metal coinage commodities contracts debased debtor debtor and creditor demonetization double standard England equitably fact favor fractional currency gold and silver gold dollar Government grains of pure grains of standard greenbacks hundred indebtedness intrinsic value issue labor legal relation legal-tender legislation market ratio market relation market value ment millions monetary national debt Nevada paid in gold paper dollar paper money payable precious metals present price of silver promises to pay propose proposition purchase pure silver quoted redeem resume specie payments resumption in gold resumption of specie rise in gold scarcely seigniorage Senator from Vermont Senator's silver and gold silver bullion silver dollar silver mines Spanish dollar Spanish milled dollar Spanish silver dollars speech suspended specie payments tion token coins token money unit of value United States notes unlimited legal tender weight
Popular passages
Page 47 - And any gain or seigniorage arising from this coinage shall be accounted for and paid into the Treasury, as provided under existing laws relative to the subsidiary coinage...
Page 47 - And the House agree to the same. That the Senate recede from its disagreement to the amendment of the House to...
Page 47 - SEC. 3. That in addition to the amount of subsidiary silver coin authorized by law to be issued in redemption of the fractional currency it shall be lawful to manufacture at the several mints, and issue through the Treasury and its several offices, such coin, to an amount, that, including the amount of subsidiary silver coin and of fractional currency outstanding, shall, in the aggregate, not exceed, at any time, fifty million dollars.
Page 3 - ... from time to time, to the assistant treasurers, depositaries, and other officers of the United States, under general regulations proposed by the director of the mint, and approved by the Secretary of the Treasury...
Page 47 - Development, and for other purposes, having met, after full and free conference, have agreed to recommend and do recommend to their respective Houses as follows: That the House recede from its disagreement to the amendment of the Senate and agree to the same with an amendment as follows: In lieu of the matter proposed to be inserted by the Senate amendment...
Page 3 - The Senate, as in Committee of the Whole, having under consideration the bill (HR 379) to provide revenue for the Government and to encourage the industries of the United States— MR. PRESIDENT...
Page 33 - It is curious to observe how intimate a relation exists between the price of food and the number of marriages." .... "The relation that subsists between the price of food and the number of marriages is not confined to our own country ; and it is not improbable that, had we the means of ascertaining the facts, we should see the like result in every civilized community. We possess the...
Page 55 - Investors must recognize that securities are subject to the same laws of supply and demand as other commodities and are priced at just what people are willing to pay for them.
Page 35 - The objection to the bimetallic system is that from the nature of things it is impossible to fix the true relation of silver and gold to each other, and when either advances in value a single hair it becomes demonetized and flees the country.
Page 47 - ... 4. That the silver bullion required for the purposes of this act shall be purchased from time to time at the market rate by the Secretary of the Treasury with any money in the treasury not otherwise appropriated, but no purchase of bullion...