The Financial Register of the United StatesCondy Raguet Wirtz & Tatem, 1838 - Finance |
From inside the book
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Page 15
... congress nexed , 1835-36 , " being the document AA , entitled “ An act making further provision for contained in the report of the secretary of the sale of the public lands , " approved 24th the treasury made to congress on the 4th of ...
... congress nexed , 1835-36 , " being the document AA , entitled “ An act making further provision for contained in the report of the secretary of the sale of the public lands , " approved 24th the treasury made to congress on the 4th of ...
Page 33
... congress , at any time , from passing any law for the re- moval of the public money from any of the said banks , or from changing the terms of deposite , or to prevent the said banks at any time from declining any longer to be the ...
... congress , at any time , from passing any law for the re- moval of the public money from any of the said banks , or from changing the terms of deposite , or to prevent the said banks at any time from declining any longer to be the ...
Page 35
... congress is in session , he shall immediately report the name and condition of such bank to congress ; and , if any such selection shall be made during the recess of congress , he shall report the same to congress during the first week ...
... congress is in session , he shall immediately report the name and condition of such bank to congress ; and , if any such selection shall be made during the recess of congress , he shall report the same to congress during the first week ...
Page 36
... congress adjourned , however , undertook the arrangement , with it left the country with abundant crops and what success may be seen in the following high prices for them - with every branch of part of the message of Mr. Jackson to con ...
... congress adjourned , however , undertook the arrangement , with it left the country with abundant crops and what success may be seen in the following high prices for them - with every branch of part of the message of Mr. Jackson to con ...
Page 39
... congress passed on the 30th ceive no money , but their money is carried of April , 1816 , it was declared that " no du - away to the debtor states , who , in turn , can- ties , taxes , debts , or sums of money , accruing not use it ...
... congress passed on the 30th ceive no money , but their money is carried of April , 1816 , it was declared that " no du - away to the debtor states , who , in turn , can- ties , taxes , debts , or sums of money , accruing not use it ...
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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.