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" ... the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law. "
The Tribune Almanac and Political Register for ... - Page 38
1891
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Annual Report of the Corporation of the Chamber of Commerce, of ..., Volume 33

New York Chamber of Commerce - Commerce - 1891 - 456 pages
...with existing laws, in particular with a section of the Act of July 14, 1890, decreeing it to be " the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law," the measure proposed might fairly be designated : "A bill to grant the demand of the fiercest advocate...
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New Outlook, Volume 58

1898 - 1146 pages
...appears to us to ignore three important facts : First, that in 1890 Congress declared that it is " the established policy of the United States to maintain the two metals at a parity with each other." Ought not the Nation, in exercising its option to pay gold or silver,...
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - Finance, Public - 1900 - 756 pages
...coin, at his discretion, it being the established policy of the United States to maintain the two metaU on a parity with each other upon the present legal ratio, or such ratio aa may be provided by law. he act of July 14, 1890 (20 Statutes, 289), provides that balances standing...
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The Medical World, Volume 15

Medicine - 1897 - 548 pages
...prescribe, redeem such notes in gold or silver coin, at his discretion, it being the established polity of the United States to maintain the two metals on a parity with each other. ' ' But while the Government does not specifically redeem either silver dollars or silver certificates...
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The Forum, Volume 13

Lorettus Sutton Metcalf, Walter Hines Page, Joseph Mayer Rice, Frederic Taber Cooper, Arthur Hooley, George Henry Payne, Henry Goddard Leach - History - 1891 - 856 pages
...promise is behind it. The statute of 1890 declares only the "established policy" of the Government "to maintain the two metals on a parity with each...legal ratio, or such ratio as may be provided by law," nothing more. So long as the Government can and will exchange gold for silver on the present ratio,...
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Political Science Quarterly, Volume 5

Electronic journals - 1890 - 868 pages
...be redeemable by the secretary of the Treasury " in gold or silver coin, at his discretion, it being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." Two million ounces per month are to be coined into standard dollars until July I, 1891, and after that...
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Of Money, the Instrument of Association

Henry Carey Baird - 1890 - 542 pages
...1890, and subject to disposal by the Treasury, $14,321,841. The act of 14th' July, 1890, declared it be "the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." The act of 1st November, 1893, declared it "to be the policy of 6 the United States to continue the...
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Silver in the Fifty-first Congress: Preceded by a Summary of the Coinage ...

National Executive Silver Committee - Bland-Allison act of 1878 - 1890 - 170 pages
...regulations as he may prescribe, redeem such notes in gold or silver coin, at his discretion, it being ihe established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law. BBC. 3. That he Secretary of the Treasury shall each month coin two million ounces of the silver bullion...
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Two Essays in Economics

John Borden - Money - 1890 - 154 pages
...Secretary of the Treasury may redeem the notes in gold or silver coin at his discretion, " it being the established policy of the United States, to maintain...present legal ratio, or such ratio as may be provided bylaw." Two million ounces of the silver purchased are to be coined monthly until July 1, 1891, after...
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Two Essays in Economics

John Borden - Money - 1890 - 154 pages
...1, or to $1.29-)- in gold per ounce fine. Unless this occurs, the declaration in the act that it is the established policy of the United States to maintain...on a parity with each other upon the present legal or any other legal ratio, will be nugatory. If the demand for silver is sufficient to make its market...
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