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able adopted allowed American amount authority banks become bill bonds brought called capital cause cent circulation close coin commerce common Congress Constitution continue contraction cost currency debt demand dollars duties England entire establish exchange fact farmers foreign forms give given gold gold and silver Government greenbacks hands hope hundred imports increase industry interest issue justice kind labor land legal tender legislation letter manufacturing material means measure ment millions National Banks natural necessary never notes paid paper money party passed payment PETER COOPER political present President prosperity protection question received represent ruin says Secretary secure Senate specie taken tariff things thousands tion trade Treasury true United volume welfare whole
Page 80 - Although, among the enumerated powers of government, we do not find the word "bank" or "incorporation," we find the great powers to lay and collect taxes, to borrow money, to regulate commerce, to declare and conduct a war, and to raise and support armies and navies. The sword and the purse, all the external relations, and no inconsiderable portion of the industry of the nation, are intrusted to its government.
Page 59 - Democratic parties refused to change; and, in view of the failure of these parties to furnish relief to the depressed industries of the country, thereby disappointing the just hopes and expectations of the suffering people, we declare our principles, and invite all independent and patriotic men to join our ranks in this movement for financial reform and industrial emancipation. First. We demand the immediate and unconditional repeal of the Specie-Resumption Act of January 14, 1875, and the rescue...
Page 363 - Enormous fortunes were thus rapidly accumulated at Calcutta, while thirty millions of human beings were reduced to the extremity of wretchedness. They had been accustomed to live under tyranny, but never under tyranny like this.
Page 330 - In this conclusion, I am confirmed as well by the opinions of Presidents Washington, Jefferson, Madison, and Monroe, who have each repeatedly recommended the exercise of this right under the Constitution, as by the uniform practice of Congress, the continued acquiescence of the States, and the general understanding of the people.
Page 267 - Wherefore, O king, let my counsel be acceptable unto thee, and break off thy sins by righteousness and thine iniquities by showing mercy to the poor, if it may be a lengthening of thy tranquillity.
Page 363 - Under their old masters they had at least one resource : when the evil became insupportable, the people rose and pulled down the government. But the English government was not to be so shaken off. That government, oppressive as the most oppressive form of barbarian despotism, was strong with all the strength of civilisation.
Page 329 - Except for cotton, he has neither a foreign nor home market. Does not this clearly prove, when there is no market, either at home or abroad, that there is too much labor employed in agriculture, and that the channels for labor should be multiplied?
Page 386 - Every manufacturer encouraged in our country, makes part of a market for provisions within ourselves, and saves so much money to the country, as must otherwise be exported to pay for the manufactures he supplies. Here, in England, it is well known and understood...
Page 279 - ... bills of credit by the States, and of the making by them of anything except gold and silver coin a legal tender in payment of debts. However this may be, it is too clear to be reasonably disputed that Congress, under its constitutional powers to lay taxes, to regulate commerce, and to regulate the value of coin...