Practical Information Concerning the Public Debt of the United States: With the National Banking LawsW.H.& O.H. Morrison, 1873 - 208 pages This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant. |
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... ment of interest .__ CHAPTER V. Coin in the treasury ; sale of gold ; purchase of bonds ; redemp- tion of bonds ; monthly debt statement_ CHAPTER VI . Obligation to pay principal and interest in coin ; the sinking fund ; taxation of ...
... ment . The bonds are all printed on the distinctive paper adopted Bonds are print- by the Secretary of the Treasury , and manufactured under the ed on distinctive supervision of the Department , as described in Chapter III . paper ...
... cur- No over - issues . rency called in for redemption , I am assured by those who have carefully examined the books of the Treasury Depart- ment from its foundation , that in no case has CHAP . II . ] DEBT CEASED TO BEAR INTEREST . 25.
With the National Banking Laws William Adams Richardson. ment from its foundation , that in no case has there been redeemed or presented for payment any more than the books of the Government show to have been properly issued ; and it is ...
... ment , and will soon disappear from the reports of the out- standing debt , except such as may remain unclaimed after interest thereon has ceased to run . 5 . NAVY PENSION FUND . Origin and object This fund arises from the money ...