The Financial Register of the United StatesCondy Raguet Wirtz & Tatem, 1838 - Finance |
From inside the book
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Page 1
... committee proceeded , in the first in- stance , to ascertain what the price of gold bullion had been , as well as the rates of the foreign exchanges , for some time past , parti- cularly during the last year . Your committee have found ...
... committee proceeded , in the first in- stance , to ascertain what the price of gold bullion had been , as well as the rates of the foreign exchanges , for some time past , parti- cularly during the last year . Your committee have found ...
Page 2
... committee are of opinion , that , in the sound and natural state of the British cur- rency , the foundation of which is gold , no increased demand for gold from other parts of the world , however great , or from what- Your committee ...
... committee are of opinion , that , in the sound and natural state of the British cur- rency , the foundation of which is gold , no increased demand for gold from other parts of the world , however great , or from what- Your committee ...
Page 3
... committee have found that Greffulhe's paper is confirmed by another , which has been laid before your committee . Mr. Abraham Goldsmid has also stated to your committee , that , during that part of last year when the market price of ...
... committee have found that Greffulhe's paper is confirmed by another , which has been laid before your committee . Mr. Abraham Goldsmid has also stated to your committee , that , during that part of last year when the market price of ...
Page 4
... committee have still further to re- of all exchangeable value - the scale to which mark upon this point , that the evidence laid all money prices are referred . It is so , not before them has led them to entertain much only by the usage ...
... committee have still further to re- of all exchangeable value - the scale to which mark upon this point , that the evidence laid all money prices are referred . It is so , not before them has led them to entertain much only by the usage ...
Page 5
... committee think it proper to state still more specifically what appear to them to be the principles which govern the relative prices of gold in bullion and gold in coin , as well as of paper circulating in its place , and exchangeable ...
... committee think it proper to state still more specifically what appear to them to be the principles which govern the relative prices of gold in bullion and gold in coin , as well as of paper circulating in its place , and exchangeable ...
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Common terms and phrases
60 days sight 66 Boston amount appears April Atlantic cities balance balance of trade bank notes Bank of England bankers bonds Branch banks Bremen bullion capital Carolina cash cause cent charter circulation coin coinage commercial committee congress contract creditors currency debt December demand deposite banks depreciation directors discount dividends Doubloons duties effect excess exchange exports favour foreign France funds guilder Half dollars Hamburgh important increase interest issues January joint stock banks July June lands legislature LEVI WOODBURY liabilities loans ment merchants millions of dollars months October operations Orleans paid paper payable Pennsylvania period Philadelphia prem premium present profits public money Rail-Road received reduced resume specie payments resumption of specie revenue Savannah secretary securities shares U. S. Bank silver South Carolina Spanish dollars specie circular speculation statement tion trade treasury notes United whole York
Popular passages
Page 168 - Any person who shall falsely make, forge, or counterfeit, or cause or procure to be falsely made, forged, or counterfeited, or willingly aid or assist in falsely making, forging, or counterfeiting any...
Page 168 - ... shall have in his custody or possession any paper adapted to the making of such notes, and similar to the paper upon which any such notes shall have been issued, with intent to use such paper, or cause or suffer the same to be used, in forging or counterfeiting any of the notes issued as aforesaid, every such person, being thereof convicted...
Page 69 - Both the constitutionality and the expediency of the law creating this bank, are well questioned by a large portion of our fellow. citizens ; and it must be admitted by all, that it has failed in the great end of establishing a uniform and sound currency.
Page 31 - Committee are of opinion that no safe, certain and constantly adequate provision against an excess of paper currency, either occasional or permanent, can be found, except in the convertibility of all such paper into specie. Your Committee cannot, therefore, but see reason to regret that the suspension of cash payments, which, in the most favourable light in which it can be viewed, was only a temporary measure, has been continued so long ; and particularly, that by the manner in which the present...
Page 69 - The charter of the Bank of the United States expires in 1836, and its stockholders will most probably apply for a renewal of their privileges. In order to avoid the evils resulting from precipitancy in a measure involving such important principles, and such deep pecuniary interests, I feel that I cannot, in justice to the parties interested, too soon present it to the deliberate consideration of the Legislature and the People.
Page 394 - ... as immediately available for and applicable to public purposes. Those portions of it which will be for some time unavailable consist chiefly of sums deposited with the States and due from the former deposit banks. The details upon this subject will be found in the annual report of the Secretary of the Treasury. The amount of Treasury notes which it will be necessary to issue during the year on account of those funds being unavailable will, it is supposed, not exceed four and a half millions.
Page 165 - In testimony whereof, I have caused the Seal of the United States to be hereunto affixed, having signed the same -with my hand.
Page 53 - Western banks, usually called deposits, were already greatly beyond their immediate means of payment, and were rapidly increasing. Indeed, each speculation furnished means for another; for no sooner had one individual or company paid in the notes than they were immediately lent to another for a like purpose, and the banks were extending their business and their issues so largely as to alarm considerate men and render it doubtful whether these bank credits if permitted to accumulate would ultimately...
Page 168 - ... or shall pass, utter, or publish, or attempt to pass, utter, or publish...
Page 394 - But of that sum, only one million eighty-five thousand four hundred and ninety-eight dollars is considered as immediately available for, and applicable to, public purposes. Those portions of it which will be for some time unavailable, consist chiefly of sums deposited with the states, and due from the former deposit banks.