The Merchants' Magazine and Commercial Review, Volume 511864 |
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Page 17
... means of carrying on the government , seems to the practical financier almost a hopeless task ; since the restoring of the currency in- VOL . LI.-NO. I. 1 volves falling prices . These cannot decline without causing losses THE ...
... means of carrying on the government , seems to the practical financier almost a hopeless task ; since the restoring of the currency in- VOL . LI.-NO. I. 1 volves falling prices . These cannot decline without causing losses THE ...
Page 18
... that the war should go on , and that by means of paper issues it should be made apparently profitable , always promising that it should speedily end , and , perhaps 18 The Ex - Secretary of the Treasury and his Successor . [ July ,
... that the war should go on , and that by means of paper issues it should be made apparently profitable , always promising that it should speedily end , and , perhaps 18 The Ex - Secretary of the Treasury and his Successor . [ July ,
Page 28
... means regular ; peaks that would form respectable mountains rise from it , and the outline as seen against the sky has all the ruggedness of a mountain - chain ; but the walls are as straight and uniform as if placed by design . They ...
... means regular ; peaks that would form respectable mountains rise from it , and the outline as seen against the sky has all the ruggedness of a mountain - chain ; but the walls are as straight and uniform as if placed by design . They ...
Page 29
... mean dimensions , indeed many of them are made by stretching side - walls to the coral reef that skirts the shore . Kamehameha the Great enclosed whole bays a mile across for his private fish - ponds , and to this day a large fish ...
... mean dimensions , indeed many of them are made by stretching side - walls to the coral reef that skirts the shore . Kamehameha the Great enclosed whole bays a mile across for his private fish - ponds , and to this day a large fish ...
Page 31
... means gold and silver ; with respect to any particular nation , it means that nation's current coin . " -Torrens on the Production of Wealth . London , 1821. Page 305 . Or , if it be convertible at a discount , 1864. ] 31 Congress and ...
... means gold and silver ; with respect to any particular nation , it means that nation's current coin . " -Torrens on the Production of Wealth . London , 1821. Page 305 . Or , if it be convertible at a discount , 1864. ] 31 Congress 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...