The Texcoco-Huehuetoca Canal, Proposed as a Basis on which to Issue Treasury Money, and to Inaugurate a National System, to Multiply and to Diversify Home Industries
H. C. Baird & Company, 1880 - 120 páginas
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The Texcoco-Huehuetoca Canal: Proposed as a Basis on Which to Issue Treasury ...
Albert Kimsey Owen
Sin vista previa disponible - 2017
Términos y frases comunes
amount associated authorized bank basis become bills bonds called canal capital carry cent Chamber of Deputies circulation civilization coin Commission commodities complete Congress construction contains cost currency debts Diaz direct dollars drainage employed Engineer England equal exchange exist expenses fact feet five foreign France give given gold gold and silver hand hundred important industries interest issued Italy labor lake land legal tender less look manufacture material means ment metals Mexican Mexico City miles million months mountains necessary never notes Owen paid pass payment persons plain plans practical present President proposed railroad receive salt says Secretary secure silver soda streets Texcoco thousand tion trade Treasury money true United valley of Mexico whole
Página 100 - Tenochtitlan, as more commonly called by the natives ; which, with its picturesque assemblage of water, woodland, and cultivated plains, its shining cities and shadowy hills, was spread out like some gay and gorgeous panorama before them.
Página 88 - Some of the best English writers upon commerce set out with observing, that the wealth of a country consists, not in its gold and silver only, but in its lands, houses, and consumable goods of all different kinds. In the course of their reasonings, however, the lands, houses, and consumable goods seem to slip out of their memory, and the strain of their argument frequently supposes that all wealth consists in gold and silver, and that to multiply those metals is the great object of national industry...
Página 89 - Accordingly we find, that, in every kingdom, into which money begins to flow in greater abundance than formerly, everything takes a new face : labour and industry gain life ; the merchant becomes more enterprising, the manufacturer more diligent and skilful, and even the farmer follows his plough with greater alacrity and attention.
Página 100 - Stretching far away at their feet, were seen noble forests of oak, sycamore, and cedar, and beyond, yellow fields of maize and the towering maguey, intermingled with orchards and blooming gardens ; for flowers, in such demand for their religious festivals, were even more abundant in tiiis populous valley than in other parts of Anahuac.
Página 72 - ... one. If there is one measure better calculated than another to produce that state of things so much deprecated by all true republicans, by which the rich are daily adding to their hoards and the poor sinking deeper into penury, it is an exclusive metallic currency.
Página 27 - The sum of one hundred thousand dollars ($100,000), or so much thereof as may be necessary, is hereby appropriated out of any moneys in the state treasury not otherwise appropriated, for the expenses of the port authority.
Página 74 - ... per annum. I speak on the information of citizens of that state, on whom I can rely. But whatever may be the amount that can be circulated, I hold it clear, that to that amount it would be as stable in value as gold and silver itself, provided the government be bound to receive it exclusively with those metals in all its dues, and that it be left perfectly optional with those who have claims on the government to receive it or not.
Página 94 - Mexico. 1,511,800 5,927 255 proves that this water contains no sulphate in dissolution. The most pure and limpid water is that of the lake of Xochimilco, the specific weight of which I found to be 1.0009, when that of water distilled at the temperature of 1 8° centigrade * was 1.000, and when water from the lake of Tezcuco was 1.0215.
Página 72 - T*he paper-money system, and its natural associates, monopoly and exclusive privileges, have already struck their roots deep in the soil ; and it will require all your efforts to check its further growth, and to eradicate the evil. The men who profit by the abuses, and desire to perpetuate them, will continue to besiege the halls of legislation in the general government as well as in the states, and will seek, by every artifice, to mislead and deceive the public servants. It is...
Página 88 - ... whereas it has long been known and declared that the poor have no right to the property of the rich, I wish it also to be known and declared that the rich have no right to the property of the poor.