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
| United States. Department of State - 1869 - 882 pages
...gold standard. Upon this statement of facts it would seem but just and equitable that the six percent, interest now paid by the government should be 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... | |
| Andrew Johnson - 1967 - 844 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 semiannual installments, which in sixteen years and eight months would liquidate the entire national debt. Six... | |
| 1896 - 842 pages
...have our careful study. The sentiment in favor of a partial repudiation, at least, of the war debt waa strong immediately after the close of the Civil War....preservation of the Union, had been led by Mr. Geo. H. Pendleton, of Ohio ; and in 1868 Mr. Pendleton was again the leader of the Democratic party in its... | |
| John Robert Irelan - 1888 - 648 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... | |
| 1869 - 900 pages
...oy a pold standard. Upon this statement of facts it would веет but just and equitable that the 0 per cent, interest now paid by the Government should...applied to the reduction of the principal in semi-annual Installment*, which In sixteen yeare and eight months would liquidate the entire national debt Six... | |
| Andrew Johnson - 1967 - 692 pages
...measured by a gold standard. Upon this statement of facts it would seem but just and equitable that the 6 per cent interest now paid by the Government should...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... | |
| United States. President - 1897 - 602 pages
...measured by a gold standard. Upon this statement of facts it would seem but just and equitable that the 6 per cent interest now paid by the Government should...applied to the reduction of the principal in semiannual installments, which in sixteen years and eight months would liquidate the entire national debt. Six... | |
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