A History of Currency in the United StatesMacmillan Company, 1915 - 552 páginas |
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Página 7
... payable , one- eighth of the principal annually , together with interest ; they were a full legal tender ; refusal to receive them as such voided the debt or forfeited the commodity . This issue was very conservative in amount , the ...
... payable , one- eighth of the principal annually , together with interest ; they were a full legal tender ; refusal to receive them as such voided the debt or forfeited the commodity . This issue was very conservative in amount , the ...
Página 8
... payable annually . In 1731 , on expiration of the eight - year period , the previous issues were renewed by law and £ 40,000 of new bills authorized to be exchanged for bills issued prior to August 10 , 1728 , which bills , if not ...
... payable annually . In 1731 , on expiration of the eight - year period , the previous issues were renewed by law and £ 40,000 of new bills authorized to be exchanged for bills issued prior to August 10 , 1728 , which bills , if not ...
Página 10
... payable on demand and attempted , with indifferent success , to circulate them as money . In 1766 an association of merchants in Philadelphia sought to meet the alleged demand for circulation by emitting £ 20,000 in £ 5 notes , with ...
... payable on demand and attempted , with indifferent success , to circulate them as money . In 1766 an association of merchants in Philadelphia sought to meet the alleged demand for circulation by emitting £ 20,000 in £ 5 notes , with ...
Página 34
... payable in " Spanish milled dollars , " 2 but it was not finally and specifically determined upon until several years later . In April , 1776 , the Continental Congress appointed a commit- tee of seven " to examine and ascertain the ...
... payable in " Spanish milled dollars , " 2 but it was not finally and specifically determined upon until several years later . In April , 1776 , the Continental Congress appointed a commit- tee of seven " to examine and ascertain the ...
Página 76
... payable in coin , is this ; that in the first case there is no standard to which an appeal can be made as to the quantity which will only satisfy or which will sur- charge the circulation ; in the last that standard results from the ...
... payable in coin , is this ; that in the first case there is no standard to which an appeal can be made as to the quantity which will only satisfy or which will sur- charge the circulation ; in the last that standard results from the ...
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adopted amount authorized bank circulation bank currency Bank of United banking system bill bimetallic bullion capital cash cent charter clearing-house coin payments coinage of silver commercial Comptroller Congress Constitution Continental currency contracts debt declared demand Democrats deposits depreciated discount exchange exports favor Federal Reserve Finance Report free banking free coinage fund gold and silver gold reserve gold standard government bonds greenbacks History of Banking House increased interest issue Latin Union lawful money legal tender notes legal tender power legislation loans measure ment metal monetary national bank national bank-notes note-issues paid paper currency passed payable premium President prohibited question ratio received redeem redemption Reichsbank repeal Republicans resumption retirement revenues Secretary securities seigniorage Senate silver certificates silver coins silver dollars specie payments subtreasury surplus suspension tion Treasury notes United States Bank United States notes Veazie Bank volume vote York