Readings in the Economic History of the United States

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Longmans, Green and Company, 1916 - Business & Economics - 862 pages

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Page 686 - And when any of said notes may be redeemed or be received into the treasury under any law, from any source whatever, and shall belong to the United States, they shall not be retired, cancelled, or destroyed, but they shall be reissued and paid out again and kept in circulation...
Page 72 - The same course that is taken in England, out of towns ; every man, according to his ability, instructing his children. We have 48 parishes ; and our ministers are well paid, and by my consent should be better, if they would pray oftener and preach less. But...
Page 149 - Do not you think the people of America would submit to pay the stamp duty, if it was moderated? A. No, never, unless compelled by force of arms.
Page 99 - Were the face of the earth, he says, vacant of other plants, it might be gradually sowed and overspread with one kind only, as for instance with fennel; and were it empty of other inhabitants, it might in a few ages be replenished from one nation only, as for instance with Englishmen.
Page 121 - ALTHOUGH a Kingdom may be enriched by gifts received, or by purchase taken from some other Nations, yet these are things uncertain and of small consideration when they happen. The ordinary means therefore to increase our wealth and treasure is by Foreign Trade, wherein we must ever observe this rule; to sell more to strangers yearly than we consume of theirs in value.
Page 346 - Generally, in all the western settlements, three classes, like the waves of the ocean, have rolled one after the other. First comes the pioneer, who depends for the subsistence of his family chiefly upon the natural growth of vegetation, called the "range," and the proceeds of hunting. His implements of agriculture are rude, chiefly of his own •nake, and his efforts directed mainly to a crop of corn and a "truck patch.
Page 686 - And, to enable the Secretary of the Treasury to prepare and provide for the redemption in this act authorized or required, he is authorized to use any surplus revenues from time to time in the Treasury not otherwise appropriated, and to issue, sell, and dispose of, at not less than par in coin, either of the descriptions of bonds of the United States described in the act of Congress approved July 14, 1870, entitled ' An act to authorize the refunding of the national debt...
Page 486 - ... would seem to be its duty to take nothing less than their full value ; and if gratuities must be made once in fifteen or twenty years, let them not be bestowed on the subjects of a foreign government, nor upon a designated and favored class of men in our own country.
Page 486 - ... must come, directly or indirectly, out of the earnings of the American people. It is due to them, therefore, if their government sell monopolies and exclusive privileges, that they should at least exact for them as much as they are worth in open market. The value of the monopoly in this case may be correctly ascertained. The twentyeight millions of stock would probably be at an advance of...
Page 305 - The creation of a home market is not only necessary to procure for our agriculture a just reward of its labors, but it is indispensable to obtain a supply of our necessary wants. If we cannot sell, we cannot buy.

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