A Critical Examination of Our Financial Policy During the Southern Rebellion. by Simon Newcomb.Scholarly Publishing Office, University of Michigan Library, 1865 - 232 pages |
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Page 1
... OF OUR 34493 FINANCIAL POLICY DURING THE SOUTHERN REBELLION . BY SIMON NEWCOMB . NEW YORK : D. APPLETON AND COMPANY , 443 & 445 BROADWAY . 1865 . HG 525 N54 Buhr ENTERED according to Act of Congress # . Leaman Front Cover.
... OF OUR 34493 FINANCIAL POLICY DURING THE SOUTHERN REBELLION . BY SIMON NEWCOMB . NEW YORK : D. APPLETON AND COMPANY , 443 & 445 BROADWAY . 1865 . HG 525 N54 Buhr ENTERED according to Act of Congress # . Leaman Front Cover.
Page 2
Simon Newcomb. HG 525 N54 Buhr ENTERED according to Act of Congress , in the year 1865 , by D. APPLETON & COMPANY , In the Clerk's Office of the District Court of the United States for the Southern District of New York . 4 1 PREFACE . 2- ...
Simon Newcomb. HG 525 N54 Buhr ENTERED according to Act of Congress , in the year 1865 , by D. APPLETON & COMPANY , In the Clerk's Office of the District Court of the United States for the Southern District of New York . 4 1 PREFACE . 2- ...
Page 78
... Congress , and would be- 1. Tax on occupation , varying from - say $ 30 for an unskilled laborer , to $ 100 or $ 200 for men of the liberal professions , averaging $ 50 , would yield ..... $ 200,000,000 2. Income tax of 20 per cent . on ...
... Congress , and would be- 1. Tax on occupation , varying from - say $ 30 for an unskilled laborer , to $ 100 or $ 200 for men of the liberal professions , averaging $ 50 , would yield ..... $ 200,000,000 2. Income tax of 20 per cent . on ...
Page 88
... Congress , in the winter of 1861-22 , the financial sit- uation of the Government , on a superficial view , presented many inauspicious features . To the public mind the future was all doubt and uncer- tainty . A war of unknown duration ...
... Congress , in the winter of 1861-22 , the financial sit- uation of the Government , on a superficial view , presented many inauspicious features . To the public mind the future was all doubt and uncer- tainty . A war of unknown duration ...
Page 90
... Congress , to the amount of some $ 35,000,000 each bearing the words " THE UNITED STATES WILL PAY THE BEAR- DOLLARS ON DEMAND . " The United States had not , at the moment , the necessary number of dollars to pay with . So the " bearers ...
... Congress , to the amount of some $ 35,000,000 each bearing the words " THE UNITED STATES WILL PAY THE BEAR- DOLLARS ON DEMAND . " The United States had not , at the moment , the necessary number of dollars to pay with . So the " bearers ...
Common terms and phrases
actually amount argument army assignats barrels of flour bill bonds borrow capital cause circulation cloth Congress considered Continental Congress creditor currency debtor demand notes depreciating currency depreciation direct tax effects enacted entire equivalent ernment evil exchange export fact faith farmer give gold coin gold dollar gold value Government government bonds holder Honorable Secretary illustrated increase individual interest labor laws of value legal tender clause legal tender notes less levy loans of coin manufacturer measure ment millions National Bank national debt necessary obliged opinion paid in coin paper money payable pound sterling present price of gold principles productive profits promise public credit public debt question raise reason receive redeemable redemption rise savings bank sell six per cent specie payments speculators supply supposed thing tion Treasury United States notes wealth worth
Popular passages
Page 99 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 188 - ... periods; property of any sort, however worthless, either real or personal, might be tendered by the debtor in payment of his debts; and the creditor was compelled to take the property of the debtor, which he might seize on execution, at an appraisement wholly disproportionate to its known value. Such grievances and oppressions, and others of a like nature, were the ordinary results of legislation during the revolutionary war and the intermediate period down to the formation of the constitution....
Page 179 - ... notes, but to establish discriminations in business against those who. in this matter, give a cordial support to the Government, and in favor of those who do not. Such discriminations should, if possible, be prevented ; and the provision making the notes a legal tender, in a great measure at least, prevents it, by putting all citizens, in this respect, on the same level, both of rights and duties.