Report of the Monetary Commission of the Indianapolis Convention of Boards of Trade, Chambers of Commerce, Commercial Clubs, and Other Similar Bodies of the United States |
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Contents
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Other editions - View all
Report of the Monetary Commission of the Indianapolis Convention of Boards ... James Laurence Laughlin No preview available - 2017 |
Report of the Monetary Commission of the Indianapolis Convention of Boards ... James Laurence Laughlin No preview available - 2015 |
Common terms and phrases
actual already amount assets association authorized average bank notes basis bill bonds borrow branches bullion capital causes cent certificates circulation cities coin coinage commodities Comptroller considerable continued contract cost currency debt demand denominations deposit depreciation direct duties effect equal established exchange existing expense fact fund further given gold gold coin grains hand held important increase institutions interest issue January July June legal tender legal-tender less liability limit loans loss March means ment month national banks necessary obligations obtain operations organized outstanding paid payment period persons piece practically present purchase reason received redeemed redemption reports reserve result Secretary silver coins silver dollars specie standard supply tion Treasury notes United States notes weight whole York
Popular passages
Page 522 - The shareholders of each association formed under the provisions of this act, and of each existing bank or banking association that may accept the provisions of this act, shall be held individually responsible, equally and ratably, and not one for another, for all contracts, debts, and engagements of such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares...
Page 513 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Page 72 - ... at par 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 526 - Washington, shall at all times have on hand, in lawful money of the United States, an amount equal to at least twenty-five per centum of the aggregate amount of its notes in circulation and its deposits...
Page 123 - ... 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.
Page 89 - And the same shall be received at par in all parts of the United States in payment of taxes, excises, public lands and all other dues to the United States, except 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 123 - States to continue the use of both gold and silver as standard money, and to coin both gold and silver into money of equal intrinsic and exchangeable value, such equality to be secured through international agreement, or by such safeguards of legislation as will insure the maintenance of the parity in value of the coins of the two metals, and the equal power of every dollar at all times in the markets and in the payment of debts.
Page 519 - ... and that all accounts in the public offices, and all proceedings in the courts of the United States, shall be kept and had in conformity to this regulation.
Page 538 - ... in denominations of not less than twenty dollars each, corresponding with the denominations of United States notes. The coin deposited for or representing the certificates of deposit shall be retained in the Treasury for the payment of the same on demand. Said certificates shall be receivable for customs, taxes, and all public dues, and when so received may be reissued...
Page 521 - ... legal tender in all payments at their nominal value when not below the standard weight and limit of tolerance provided in this act for the single piece, and when reduced in weight, below said standard and tolerance, shall be a legal tender at valuation in proportion to their actual weight...
Bibliographic information
| Title | Report of the Monetary Commission of the Indianapolis Convention of Boards of Trade, Chambers of Commerce, Commercial Clubs, and Other Similar Bodies of the United States |
| Contributor | James Laurence Laughlin |
| Publisher | Hollenbeck Press, 1900 |
| Original from | Harvard University |
| Digitized | 7 May 2008 |
| Length | 608 pages |
| Export Citation | BiBTeX EndNote RefMan |