| Benson John Lossing - United States - 1876 - 878 pages
...Congress, (and afterward in the Senate, and became a law,) the chief provision of which was as follows : " The faith of" the United States is solemnly pledged to the payment in coin or its equivalent, of all interest-bearing obligations of the United States, except in cases where the law authorizing the issue... | |
| Elijah Ward - United States - 1877 - 332 pages
...Congress approved by President Grant after his inauguration. In clear and torse words it explicitly declared that " the faith of the United States is...pledged to the payment in coin or its equivalent of the United States notes," and that ('< ngress " pledges its faith to make provision at the earliest... | |
| Benson John Lossing - North America - 1877 - 764 pages
...session, an important financial bill was adopted, of which the following was the chief provision : " The faith of the United States is solemnly pledged...to the payment, in coin, or its equivalent, of all interestbearing obligations of the United States, except in cases where the law authorizing the issue... | |
| Charles K. Backus - Bonds - 1878 - 78 pages
...credit act.] AN ACT TO STRENGTHEN THE Pl'BLIC CREDIT. —Vol. XVI., p. 1, Stat. at Large. SECTION 1 . That in order to remove any doubt as to the purpose...the United States is solemnly pledged to the payment iu coin or its equivalent of all the obligations of the United States not bearing interest, known as... | |
| United States - Banking law - 1878 - 310 pages
...of the un 1 1 oa laws by virtue of which such obligations have been con- cep't*&c., ', ex tracted, it is hereby provided and declared that the faith...United States is solemnly pledged to the payment in p. 131.', coin or its equivalent of all tho obligations of the United States not bearing interest,... | |
| Republican Congressional Committee - Campaign literature - 1878 - 84 pages
...act approved by President Grant — contained and still contains the following : Be it enaeted. &c., That * * * the faith of the United States is solemnly pledged to the paymentin coin. or its equivalent, of all the obligations of the United States not bearing interest,... | |
| Edward McPherson - Reconstruction (U.S. history, 1865-1877) - 1880 - 670 pages
...strengthen the public credit, and relating to contracts for the payment of coin. Be it enacted, &c.. That in order to remove any doubt as to the purpose...States is solemnly pledged to the payment in coin, cr its equivalent, of all the obligations of the United States not bearing interest, known as United... | |
| Political science - 1880 - 942 pages
...an Act of Congress passed March 18, 1869, entitled ' An Act to strengthen the public credit,' it is declared that ' the faith of the United States is...pledged to the payment in coin or its equivalent of all obligations of the United States not bearing interest, known as United States' notes.' The same Act... | |
| Edward McPherson - Reconstruction - 1880 - 662 pages
...conflicting question? ¡ILJ interpretations of the laws by virtue of which such obligations have Leen contracted, it is hereby provided and declared, that the faith of the Uniled States i» solemnly pledged to the payment in coin, or its equivalent, of all the obligaions... | |
| Benson John Lossing - United States - 1881 - 926 pages
...Congress, (and afterward in the Senate, and became a law,) the chief provision of which was as follows : " The faith of the United States is solemnly pledged to the payment in coin or its equivalent, of all interest-bearing obligations of the United States, except in cases where the law authorizing the issue... | |
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