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Page 96
We were then in the peculiar condition of a nation involved in war without any currency whatever which by law could be used in the ordinary transactions of the public business . Gold was withdrawn by the suspension of specie payments ...
We were then in the peculiar condition of a nation involved in war without any currency whatever which by law could be used in the ordinary transactions of the public business . Gold was withdrawn by the suspension of specie payments ...
Page 105
They would have all that can be desired in any community : a currency limited in amount , restrained by law , governed by law , checked by the power of visitation , checked by the limitation of liabilities , safe , uniform , and ...
They would have all that can be desired in any community : a currency limited in amount , restrained by law , governed by law , checked by the power of visitation , checked by the limitation of liabilities , safe , uniform , and ...
Page 106
and disordered paper currency , which could only be remedied by the substitution of one national currency . That object was accomplished by the Republican party of Mr. Madison , by the incorporation of the second Bank of the United ...
and disordered paper currency , which could only be remedied by the substitution of one national currency . That object was accomplished by the Republican party of Mr. Madison , by the incorporation of the second Bank of the United ...
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Contents
Economic Provisions of the Constitution of the United States | 7 |
The Land Ordinance of May 20 1785 | 13 |
The Tariff and Tonnage Acts of July 4 and July 20 1789 | 15 |
Copyright | |
29 other sections not shown
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Common terms and phrases
actual agricultural American amount authorized average bank become bill bonds capital carried cents centum character citizen classes coin communication Congress considered Constitution construction continue contract corporation currency debt demand deposit direction dollars duty effect employed England enter equal established exceeding existing extensive facts Federal fifty five foreign furnish further enacted give given gold Government hand hundred immigration important improvement increase industry influence interest iron issued labor land leading less manufacture means ment miles millions natural necessary notes object operatives paid passed period persons pound practically present production purchase question race railroad received represented result roads Secretary secure silver supply thereof thirty thousand tion tons transportation Treasury twenty twenty-five United valorem wages whole York
Bibliographic information
| Title | Major Documents in American Economic History: From an agrarian to an industrial economy (1785-1900) An Anvil original, 55-56 Volume 55 of Anvil books Volumes 55-56 of Anvil original Volume 1 of Major Documents in American Economic History, Louis Morton Hacker |
| Editor | Louis Morton Hacker |
| Publisher | Van Nostrand, 1961 |
| Original from | the University of Michigan |
| Digitized | 20 Jul 2007 |
| Export Citation | BiBTeX EndNote RefMan |