Money and Banking Illustrated by American History

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Ginn & Company, 1896 - Argent (monnaie) - 488 pages
 

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Page 272 - Both the constitutionality and the expediency of the law creating this Bank are well questioned by a large portion of our fellow-citizens ; and it must be admitted by all that it has failed in the great end of establishing a uniform and sound currency.
Page 429 - But the Comptroller may withhold from an association his certificate authorizing the commencement of business whenever he has reason to suppose that the shareholders have formed the same for any other than the legitimate objects contemplated by this Title.
Page 127 - We have suffered more from this cause," he says, " than from every other cause of calamity: it has killed more men, pervaded and corrupted the choicest interests of our country more, and done more injustice than even the arms and artifices of our enemies...
Page 269 - And be. it further enacted, That the deposits of the money of the United States, in places in which the said bank and branches thereof may be established, shall be made in said bank or branches thereof, unless the Secretary of the Treasury shall at any time otherwise order and direct ; in which case the Secretary of the Treasury shall immediately lay before Congress, if in session, and if not, immediately after the commencement of the next session, the reasons of such order or direction.
Page 196 - Provided, That the Secretary of the Treasury shall suspend the issue of such gold certificates whenever the amount of gold coin and gold bullion in the Treasury reserved for the redemption of United States notes...
Page 135 - Every day's experience proves more and more that the present mode of supplies is the most uncertain, expensive, and injurious that could be devised. It is impossible for us to form any calculations of what we are to expect, and, consequently, to concert any plans for future execution. No adequate provision of forage having been made, we are now obliged to subsist the horses of the army by force, which, among other evils, often gives rise to civil...
Page 128 - I would to God, that some one of the most atrocious in each State was hung in gibbets upon a gallows five times as high as the one prepared by Haman. No punishment, in my opinion, is too great for the man who can build his greatness upon his country's ruin.
Page 128 - State, a few only excepted, and that the assembly is so well disposed to second your endeavors in bringing those murderers of our cause, the monopolizers, forestallers and engrossers, to condign punishment. It is much to be lamented that each State, long ere this, has not hunted them down as pests to society, and the greatest enemies we have to the happiness of America. I would to God, that...
Page 258 - That, holding the opinion (as a majority of the committee do) that the constitution did not authorize Congress originally to grant the charter, it follows, as a necessary consequence of that opinion, that an extension of it, even under the restrictions contemplated by the stockholders, is equally repugnant to the constitution.
Page 288 - It has all the fury of a chained panther biting the bars of his cage. It is really a manifesto of anarchy...

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