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" ... the established policy of the United States to maintain the two metals on a parity with each other upon the present legalratio, or such ratio as may be provided by law. "
Hearings and Arguments Before the Committee ... - Page 273
by United States. Congress. House. Committee on Banking and Currency - 1894
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The Tribune Almanac and Political Register

John Fitch Cleveland, F. J. Ottarson, Alexander Jacob Schem, Edward McPherson, Henry Eckford Rhoades - 1891 - 740 pages
...regulations as ho may prescribe, redeem such notes In gold or sliver coin, at his discretion, It being tho established policy of the United States to maintain the two metals on a parity with each other upon tho present legal ratio, or such ratio as may be provided by law. Sec. 3. That the Secretary of nie...
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New Outlook, Volume 58

1898 - 1146 pages
...appears to us to ignore three important facts : First, that in 1890 Congress declared that it is " the established policy of the United States to maintain the two metals at a parity with each other." Ought not the Nation, in exercising its option to pay gold or silver,...
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The Medical World, Volume 15

1897 - 548 pages
...prescribe, redeem such notes in gold or silver coin, at his discretion, it being the established polity of the United States to maintain the two metals on a parity with each other. ' ' But while the Government does not specifically redeem either silver dollars or silver certificates...
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Two Essays in Economics

John Borden - 1890 - 154 pages
...1, or to $1.29-)- in gold per ounce fine. Unless this occurs, the declaration in the act that it is the established policy of the United States to maintain...on a parity with each other upon the present legal or any other legal ratio, will be nugatory. If the demand for silver is sufficient to make its market...
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The North American Review, Volume 151

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1890 - 792 pages
...regulations as he may prescribe, redeem such notes in gold or silver coin, at his discretion, it being the established policy of the United States to maintain the two metals on a parity with each other upon i U.; present legal ratio, or such ratio as may be provided by law. "SEC. :t. That the Secretary of...
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The Statutes at Large of the United States from ..., Volume 26

United States - 1891 - 1922 pages
...regulations as he may prescribe, redeeni such notes in gold or silver coin, at his discretion, и being the established policy of the United States to maintain...parity with each other upon the present legal ratio, Parity and ratio <л or mch ratio as may be provided by law. e°ld and 8UrepSEC. 3. That the Secretary...
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The Question of Silver: Comprising a Summary of Legislation in the United ...

Louis R. Ehrich - 1892 - 132 pages
...therefor, said notes being redeemable in gold or silver coin at the option of the government, " it being the established policy of the United States to maintain...parity with each other upon the present legal ratio." It was believed that this bill would raise the price of silver. So all the silver men confidently prophesied....
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Annual Report of the Secretary of the Treasury on the State of the Finances ...

United States. Department of the Treasury - 1892 - 1184 pages
...in gold, and that the Treasury notes of 1890 are redeemable* in coin; but since it has been declared to be the established policy of the United States to maintain the two metals, silver and gold, on a parity with each other, it is obvions that this large addition to our circulation...
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The American Journal of Politics, Volume 2

1893 - 694 pages
...secure votes. And more than this : Section two of the Silver Purchase act itself declares, " that it is the established policy of the United States to maintain the two metals on a parity with each other npon the present legal ratio, or such ratio as may be provided by law." The friends of silver demand...
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The North American Review, Volume 157

1893 - 900 pages
...that it is hardly worthy of discussion here. If the provision in the Act of July 14, 3890, declaring it to be " the established policy of the United States to maintain the two metals on a parity," has any signification, it contemplates the exercise of the means, provided by existing law, to carry...
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