The Financial Economy of the United States Illustrated, |
Other editions - View all
The Financial Economy of the United States Illustrated John Alexander Ferris No preview available - 2019 |
The Financial Economy of the United States Illustrated John Alexander Ferris No preview available - 2019 |
The Financial Economy of the United States Illustrated John Alexander Ferris No preview available - 2015 |
Common terms and phrases
action allow bank notes Bank of England bankruptcy basis bills of credit bonds branches bullion California certificates of deposit citizens coin money commerce commodities Constitution Constitution of California Court creditor debtor demonetize deposit deposit account discount dollar for dollar duty enacted equal Federal Government foreign form of currency forms of wealth gold and silver gold coin gold currency greenbacks hundred millions immense imports Independent Treasury inflated institutions interest justice Legal Tender Act legal tender notes legislation loans loss ment metals millions of dollars mines mint coins mints National banks old State bank Pacific paid paper currency paper money payable principle promises to pay proper public debt redeem redemption rency rule Silas Wright specie payments stocks supreme law tariff tender in payment tion Treasury notes Union United United States mints value of coin value of gold worth yearly
Popular passages
Page i - The basis of our political systems is the right of the people to make and to alter their constitutions of government. But the constitution which at any time exists till changed by an explicit and authentic act of the whole people is sacredly obligatory upon all.
Page 238 - 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 59 - 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 251 - Deut. xvi. 20, and to do to others as we would they should do to us.
Page 115 - emit bills of credit," conveys to the mind the idea of issuing paper intended to circulate through the community for its ordinary purposes, as money, which paper is redeemable at a future day.
Page 57 - to coin money, and regulate the value thereof, and of foreign coin.
Page 59 - The legislature of this state shall prohibit, by law, any person or persons, association, company, or corporation, from exercising the privileges of banking, or creating paper to circulate as money.
Page 132 - The gates of hell are open night and day ; Smooth the descent, and easy is the way : But, to return, and view the cheerful skies — In this the task and mighty labour lies.
Page 315 - 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.
Page 71 - 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.