The Merchants' Magazine and Commercial Review, Volume 511864 |
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Results 1-5 of 38
Page 30
... contracts , rendering property insecure , and individuals poor and wretched . It becomes , in spite of the indisputable constitutional powers of Congress , the disturber of commerce and of the value of money by destroying all regulation ...
... contracts , rendering property insecure , and individuals poor and wretched . It becomes , in spite of the indisputable constitutional powers of Congress , the disturber of commerce and of the value of money by destroying all regulation ...
Page 33
... contracts - paper statements of contracts unfulfilled . But the spurious currency thus created , creates price as if it were VOL . LI.-NO. I. 2 money ; it creates price without value . As it 1864. ] 33 Congress and the Currency .
... contracts - paper statements of contracts unfulfilled . But the spurious currency thus created , creates price as if it were VOL . LI.-NO. I. 2 money ; it creates price without value . As it 1864. ] 33 Congress and the Currency .
Page 44
... contract for exchange might run , cut off a large amount of ordinary shipping business done in New York for western account , and which , in the usual course of business , required at least fifteen days , to perfect arrangements between ...
... contract for exchange might run , cut off a large amount of ordinary shipping business done in New York for western account , and which , in the usual course of business , required at least fifteen days , to perfect arrangements between ...
Page 45
... contract is made in United States notes or national curren- cy , and not otherwise . Can such payment be made by ... contracts for the purchase or sale and delivery of foreign except on conditions of immediate payment in full of the ...
... contract is made in United States notes or national curren- cy , and not otherwise . Can such payment be made by ... contracts for the purchase or sale and delivery of foreign except on conditions of immediate payment in full of the ...
Page 67
... contracts , sue and be sued , com- plain and defend , in any court of law and equity as fully as natural persons ; it may elect or appoint directors , and by its board of directors appoint a president , vice - president , cashier , and ...
... contracts , sue and be sued , com- plain and defend , in any court of law and equity as fully as natural persons ; it may elect or appoint directors , and by its board of directors appoint a president , vice - president , cashier , and ...
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Common terms and phrases
50 cents addition thereto amount annual association Bank of England Bank of France bills bonds British America capital cent No tax cent stamp cents per pound cents per square centum ad valorem certificate CHASE circulating notes COMMERCIAL common carrier companies Comptroller Congress cotton currency debt deposits duty England exceed exceeding exports feet fifty cents foreign Fort Abercrombie Fort Garry France Fund further enacted gallon gold hundred imported increase interest iron Island issued July June Kilauea Lake Winnipeg land legal tender less liable license tax loan Lower Canada manufactures ment merchandise miles National Banks organization certificate otherwise provided paid passengers payment person port production provinces receipts received River Secretary ship six per cent specie square yard thereof tion tons Total trade United United States notes usury valuation vessel York
Popular passages
Page 67 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Page 75 - ... The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon.
Page 83 - ... after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this chapter, or with a view to the preference of one creditor to another, except in payment of its circulating notes, shall be utterly null and void...
Page 72 - States, except duties on imports ; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations •within the United States, except interest on the public debt, and in redemption of the national currency.
Page 68 - ... shall be held individually responsible, equally and ratably, and not one for another, for all contracts debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares...
Page 65 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Page 75 - ... shall at all times have on hand, in lawful money of the United States, an amount equal to at least fifteen per centum of the aggregate amount of its notes in circulation, and of its deposits.
Page 66 - ... into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with...
Page 80 - ... organization certificate may be executed by a majority of the directors of the bank or banking institution...
Page 81 - States bonds and otherwise, for the safekeeping and prompt payment of the public money deposited with them, and for the faithful performance of their duties as financial agents of the government...