The Journal of Political Economy, Volume 1University of Chicago Press, 1893 |
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Halaman 533 - States, and when so redeemed may be reissued ; but no greater or less amount of such notes shall be outstanding at any time than the cost of the silver bullion then held in the Treasury, purchased by such notes ; and such Treasury notes shall be a legal tender in payment of all debts, public and private...
Halaman 11 - We regard the state as an educational and ethical agency whose positive aid is an indispensable condition of human progress. While we recognize the necessity of individual initiative in industrial life, we hold that the doctrine of laissez-faire is unsafe in politics and unsound in morals; and that it suggests an inadequate explanation of the relations between the state and the citizens.
Halaman 531 - An act to authorize the coinage of the standard silver dollar and to restore its legaltender character...
Halaman 533 - Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, that the Secretary of the Treasury is hereby directed to purchase, from time to time, silver bullion to the aggregate amount of...
Halaman 533 - ... in denominations of not less than twenty dollars each, corresponding with the denominations of United States notes. The coin deposited for or representing the certificates of deposit shall be retained in the Treasury for the payment of the same on demand. Said certificates shall be receivable for customs, taxes, and all public dues, and when so received may be reissued...
Halaman 161 - Descriptive Pamphlet free. RUMFORD CHEMICAL WORKS, PROVIDENCE, RI Beware of Substitutes and Imitations. Caution : Be sure the word "Horsfor<fs
Halaman 536 - Congress assembled, that the Secretary of the Treasury is hereby directed to purchase, from time to time, silver bullion to the aggregate amount of four million five hundred thousand ounces, or so much thereof as may be offered in each month, at the market price thereof, not exceeding one...
Halaman 537 - That, upon demand of the holder of any of the treasury notes herein provided for, the Secretary of the Treasury shall, under such regulations as he may prescribe, redeem such notes in gold or silver coin, at his discretion, it being the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law.
Halaman 534 - Treasurer of the United States shall redeem from the general cash in the Treasury the circulating notes of said banks which may come into his possession subject to redemption; and upon the certificate of the Comptroller of the Currency that such notes have been received by him and that they have been destroyed and that no new notes will be issued in their place, reimbursement of their amount shall be made to the Treasurer, under such regulations as the Secretary of the Treasury may prescribe, from...
Halaman 12 - But enough has been said to show that the admitted functions of government embrace a much wider field than can easily be included within the ring fence of any restrictive definition, and that it is hardly possible to find any ground of justification common to them all, except the comprehensive one of general expediency...