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Page 58
Instead of sending abroad the stock of the bank in which the Government must deposit its funds and on which it must rely to sustain its credit in times of emergency , it would rather seem to be expedient to prohibit its sale to aliens ...
Instead of sending abroad the stock of the bank in which the Government must deposit its funds and on which it must rely to sustain its credit in times of emergency , it would rather seem to be expedient to prohibit its sale to aliens ...
Page 99
It is first secured by the bonds of the United States ; a margin of ten per cent . is left for depreciation ; and then in case of further depreciation the Secretary is authorized to call for the deposit of a greater amount of bonds .
It is first secured by the bonds of the United States ; a margin of ten per cent . is left for depreciation ; and then in case of further depreciation the Secretary is authorized to call for the deposit of a greater amount of bonds .
Page 102
The United States Government does not furnish a safe , and it forbids him depositing in banks . Under this system all the money of the United States may be safely deposited in banks , and that deposit will be secured by the Government ...
The United States Government does not furnish a safe , and it forbids him depositing in banks . Under this system all the money of the United States may be safely deposited in banks , and that deposit will be secured by the Government ...
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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 |