Legislative and Documentary History of the Bank of the United States: Including the Original Bank of North America |
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Page 42
... regulating trade , but under that of borrowing money . Private capitals are the chief resources for loans to the British ... regulate the value of money , " yet it is expressly added , not left to be implied , that counterfeiters may be ...
... regulating trade , but under that of borrowing money . Private capitals are the chief resources for loans to the British ... regulate the value of money , " yet it is expressly added , not left to be implied , that counterfeiters may be ...
Page 46
... regulate trade - therefore we have taxed ships ; erected light houses ; made laws to govern seamen , & c .; because we say they are the incidents to that power . The most familiar and undisputed acts of legislation will shew , that we ...
... regulate trade - therefore we have taxed ships ; erected light houses ; made laws to govern seamen , & c .; because we say they are the incidents to that power . The most familiar and undisputed acts of legislation will shew , that we ...
Page 47
... regulate trade , from State to State , will involve that of regulating inland bills of exchange and bank paper , as the instruments of the trade incident to the power , he would not pause to examine . That is an injury and wrong which ...
... regulate trade , from State to State , will involve that of regulating inland bills of exchange and bank paper , as the instruments of the trade incident to the power , he would not pause to examine . That is an injury and wrong which ...
Page 48
... regulate the property of the United States . If the power flows from the nature and necessity of the case , it may be demanded , is there not equal authority for the bank ? If it is derived from the power of Congress to regulate the ...
... regulate the property of the United States . If the power flows from the nature and necessity of the case , it may be demanded , is there not equal authority for the bank ? If it is derived from the power of Congress to regulate the ...
Page 49
... regulate the territory and other property of the United States . The United States may hold property ; may dispose of it ; they may hold it in partnership ; they may regulate the terms of the partnership . One condition may be that the ...
... regulate the territory and other property of the United States . The United States may hold property ; may dispose of it ; they may hold it in partnership ; they may regulate the terms of the partnership . One condition may be that the ...
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Common terms and phrases
aforesaid amendment amount argument articles of confederation authority Bank of England bank paper bill bills of exchange branch bank capital stock cent charter circulating medium citizens clause collect taxes commerce committee Congress consideration considered constitution constitutionality corporation create debts delegated deposites directors discounts duties effect enumerated enumerated powers erect establish execution exercise existence expediency expressly favor foreign funds gentleman Georgia give Government grant honorable House incorporate individuals influence institution interest Kentucky lay and collect legislation Legislature loans Maryland means measure ment merchants millions of dollars motion national bank necessary and proper object operations opinion paper party passed payment Pennsylvania persons Philadelphia political present President principles proposed purpose question regulate renewal republican respect revenue Secretary Senate shares South Carolina specie stitution stockholders subscribed subscription suppose thereof thing tion trade treasury notes United usurious vernment vested Virginia vote
Popular passages
Page 127 - ... to sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in courts of record, or any other place whatsoever, and also to make, have, and use a common seal, and the same to break, alter, and renew at their pleasure; and also to ordain, establish, and put in execution such by-laws, ordinances, and regulations as shall...
Page 130 - ... requisite for its immediate accommodation, in relation to the convenient transacting of its business, and such as shall have been bona fide mortgaged to it by way of security, or conveyed to it in satisfaction of debts, previously contracted in the course of its dealings, or purchased at sales upon judgments which shall have been obtained for such debts.
Page 347 - Resolved, That the Senators of this State in the Congress of the United States...
Page 599 - America," and shall so continue until the third day of March, in the year one thousand eight hundred and thirty-five ; and by that name shall be, and are hereby made, able and capable in law, to have, purchase, receive, possess, enjoy, and retain, to them and their successors, lands, rents, tenements, hereditaments, goods, chattels, and effects, of...
Page 422 - ... regulations respecting the territory and other property of the United States.
Page 425 - ... it being unjust and impolitic that debts and engagements contracted and made by individuals, having confidence in each other and in their respective governments, should ever be destroyed or impaired by national authority on account of national differences and discontents.
Page 95 - States, namely — that every power vested in a Government is in its nature sovereign, and includes by force of the term, a right to employ all the means requisite, and fairly applicable to the attainment of the ends of such power; and which are not precluded by restrictions and exceptions specified in the constitution, or not immoral, or not contrary to the essential ends of political society.
Page 518 - ... and of the debts due to the same; of the moneys deposited therein; of the notes in circulation, and of the cash in hand; and shall have a right to inspect such general accounts in the books of the bank as shall relate to the said statements: Provided, That this shall not be construed to imply a right of inspecting the account of any private individual or individuals with the bank.
Page 600 - For one share, and not more than two shares, one vote ; for every two shares above two, and not exceeding ten, one vote; for every four shares above ten, and not exceeding thirty, one vote ; for every six shares above thirty, and not exceeding sixty, one vote; for every eight shares above sixty, and not exceeding one hundred, one vote ; and for every ten shares above one hundred, one vote ; but no person, copartnership, or body politic, shall be entitled to a greater number than thirty votes.
Page 629 - ... SEC. 15. And be it further enacted, That during the continuance of this act, and whenever required by the Secretary of the Treasury, the said corporation shall give the necessary facilities for transferring the public funds from place to place, within the United States, or the territories thereof, and for distributing the same in payment of the public creditors, without charging commissions or claiming allowance...