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" But none of said interestbearing obligations not already due shall be redeemed or paid before maturity unless at such time United States notes shall be convertible into coin at the option of the holder, or unless at such time bonds of the United States... "
Extension of Stabilization Fund and Powers, Etc, Hearing ..., on S. 991 ... - Page 189
by United States - 1943 - 286 pages
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The Political History of the United States of America, During the Period of ...

Edward McPherson - Reconstruction - 1871 - 678 pages
...convertible into coin at the option of the holder, or unless at euch time bonds of the United Slates bearing a lower rate of interest than the bonds to...the redemption of the United States notes in coin. SEO. 2. That any contract hereafter made specifically payable in coin, and the consideration of which...
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Proceedings of the ... Annual Meeting of the National ..., Volume 4, Part 1871

National Board of Trade (U.S.) - Transportation - 1872 - 360 pages
...bearing obligations not already due shall be paid or redeemed before maturity, unless at such time the United States notes shall be convertible into coin...earliest practicable period for the redemption of United States notes in coin." It seems to me that the laws we already have upon our statutebooks, if...
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Paper Money, the Root of Evil: An Examination of the Currency of the United ...

Charles A. Mann - Currency question - 1872 - 398 pages
...obligations not already due shall be redeemed or paid before maturity unless at such time United-States notes shall be convertible into coin at the option...earliest practicable period, for the redemption of the United-States notes in coin." That this law does not change the legal conclusions herein arrived at,...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 192 pages
...United States notes shall be convertible into coin at the option of the holder, or unless at such time 6 bonds of the United States bearing a lower rate of...the redemption of the United States notes in coin. J. Gr. ELAINE, Speaker of the House of Representatives. SCHUYLER GOLF AX, Vice President of the United...
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Practical Information Concerning the Public Debt of the United States: With ...

William Adams Richardson - History - 1873 - 208 pages
...the bonds to be redeemed can be sold at par in coin. And the United States also solemnly pledges_its faith to make provision at the earliest practicable...the redemption of the United States notes in coin. JG ELAINE, Speaker of the House of Representatives. SCHUYLER COLFAX, Vice President of fheUnited States...
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The Abridgment ... Containing the Annual Message of the President of the ...

United States. President - United States - 1873 - 898 pages
...dollars, as well as from that moie solemn pledge contained in the ärst act of the Forty-first Congress, "to make provision at the earliest practicable period for the redemption of United States notes in coin." but wonld postpone the day of specie payments and render it more difficult...
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Appletons' Annual Cyclopaedia and Register of Important Events: Embracing ...

Encyclopedias and dictionaries - 1873 - 796 pages
...Government shall return to specie payments, and the Government solemnly pledges its faith that it will make provision at the earliest practicable period for the redemption of the greenback currency in coin. The Senator from Vermont a little while ago asked a question of the chairman...
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The Bankers' Magazine, and Journal of the Money Market, Volume 34

Banks and banking - 1874 - 1034 pages
...the holder, or unless at such times bonds of the United States bearing a lower rate of interest than bonds to be redeemed can be sold at par in coin, and...earliest practicable period for the redemption of United States notes in coin. " This act still remains as a continuing pledge of the faith of the United...
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A Hand-book of Politics for 1874: Being a Record of Important Political ...

Edward McPherson - United States - 1874 - 268 pages
...would do no harm. The act of 1869, to strengthen the public credit, declares that "the United States solemnly pledges its faith to make provision at the...the redemption of the United States notes in coin." In the debate upon this bill nobody has denied the character or binding force of that pledge, but the...
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A Handbook of Politics for 1868 [to 1894]

Edward McPherson - United States - 1872
...contraction^would do no harm. The act of 1869, to strengthen the public credit, declares that "the United States solemnly pledges its faith to make provision at the...the redemption of the United States notes in coin." In the debate upon this bill nobody has denied the character or binding force of that pledge, but the...
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