American Finance: With Chapters on Money and Banking

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American Banker, 1901 - Banks and banking - 303 pages
 

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Page 277 - An act [to amend an act entitled an act] to aid in the construction of a railroad and telegraph line from the Missouri River to the Pacific Ocean, and to secure to the Government the use of the same for postal, military, and other purposes, approved July first, eighteen hundred and sixty-two," approved July second, eighteen hundred and sixty-four.
Page 153 - For who, to dumb forgetfulness a prey, This pleasing, anxious being e'er resigned, Left the warm precincts of the cheerful day, Nor cast one longing, lingering look behind...
Page 244 - ... 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 277 - ... The Union Pacific Railroad Company"; . . . and the said corporation is hereby authorized and empowered to layout, locate, construct, furnish, maintain, and enjoy a continuous railroad and telegraph, with the appurtenances, from a point on the one hundredth meridian of longitude west from Greenwich, between the south margin of the valley of the Republican River and the north margin of the valley of the Platte River, in the Territory of Nebraska, to the western boundary of Nevada Territory...
Page 20 - I treat government not as a conscious contrivance, but as a half-instinctive product of the effort which human beings make to ward off from themselves certain evils to which they are exposed. If then you ask, How much government ought we to have ? the only answer I can give will be, You not only ought to have but you infallibly will have as much government as is necessary for this purpose,
Page 238 - The silver dollar of 412% grains, by reason of its bullion or intrinsic value being greater than its nominal value, long since ceased to be a coin of circulation, and is melted by manufacturers of silver ware.
Page 149 - That the distinction between direct and indirect taxation was well understood by the framers of the Constitution and those who adopted it. 2. That, under the state systems of taxation, all taxes on real estate or personal property or the rents or income thereof were regarded as direct taxes.
Page 149 - Court. real estate or personal property or the rents or income thereof were regarded as direct taxes. 3. That the rules of apportionment and of uniformity were adopted in view of that distinction and those systems.
Page 245 - And such notes, when held by any national banking association, may be counted as a part of its lawful reserve.
Page 73 - To the extent to which Congress shall approve of said estimates, Congress shall appropriate the amount of fifty per centum thereof; and the remaining fifty per centum of such approved estimates shall be levied and assessed upon the taxable property and privileges in said District other than the property of the United States and of the District of Columbia.

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