 It may be assumed that the holders of our securities have already received upon their bonds a larger amount than their original investment, measured by a gold standard. Upon this statement of facts it would seem but just and equitable that the...  The North American Review - Page 2711896Full view - About this book
 | Alexander Dana Noyes - 1909 - 450 pages
...extraordinary suggestion that " the six per cent. interest now paid by the Government " on its debt " should be applied to the reduction of the principal in semi-annual instalments"; in other words, that the plan of repudiating interest obligations — since adopted, with no agreeable... | |
 | Thomas Mitchell Sample - 1911 - 356 pages
...their original investment, measured by a gold standard. Upon this statement of facts, it would seem but just and equitable that the six per cent. interest...applied to the reduction of the principal in semi-annual installments, which in sixteen years and eight months would liquidate the entire national debt. Six... | |
 | Oliver Perry Temple - 1912 - 480 pages
...their original investment, measured by a gold standard. Upon this statement of the facts it would seem but just and equitable that the six per cent, interest...applied to the reduction of the principal in semi-annual installments, which in sixteen years and eight months would liquidate the entire national debt. "Six... | |
 | 1914 - 726 pages
...their original investment, measured by a gold standard. Upon this statement of facte it would seem but just and equitable that the six per cent interest...eight months would liquidate the entire national debt. Six per cent in gold would at present rates be equal to nine per cent in currency, and equivalent to... | |
 | United States. Congress. Senate - 1914 - 730 pages
...their original investment, measured by a gola standard. Upon this statement of facts it would seem but just and equitable that the six per cent interest...eight months would liquidate the entire national debt. Six per cent in gold would at present rates be equal to nine per cent in currency, and equivalent to... | |
 | Alonzo Barton Hepburn - 1915 - 570 pages
...their original investment, measured by a gold standard. Upon this statement of facts, it would seem but just and equitable that the six per cent, interest...eight months would liquidate the entire national debt. Six per cent, in gold would at present rates be equal to nine per cent, in currency, and equivalent... | |
 | Alonzo Barton Hepburn - 1915 - 582 pages
...their original investment, measured by a gold standard. Upon this statement of facts, it would seem but just and equitable that the six per cent. interest...eight months would liquidate the entire national debt. Six per cent. in gold would at present rates be equal to nine per cent. in currency, and equivalent... | |
 | Alexander Dana Noyes - 1916 - 276 pages
...Johnson, in his annual message of 1868 to Congress, described it as "just and equitable that the 6 per cent interest now paid by the government should be applied to reduction of the principal," because "holders of our securities have already received upon their bonds... | |
 | Chester Arthur Phillips - 1916 - 872 pages
...extraordinary suggestion that " the 6 per cent. interest now paid by the Government " on its debt " should be applied to the reduction of the principal in semi-annual instalments"; in other words, that the plan of repudiating interest obligations — since adopted, with no agreeable... | |
 | Robert Watson Winston - 1928 - 620 pages
...their original investment, measured by a gold standard. Upon this statement of facts it would seem but just and equitable that the six per cent. interest...applied to the reduction of the principal in semi-annual installments, which in sixteen years and eight months would liquidate the entire national debt. Six... | |
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