 | 1894 - 940 pages
...of the Treasury, and that said notes may be reissued. It is, however, declared in the act to be 41 the established policy of the United States to maintain the two metals on" a parity with each other ii|>on tho present legal ratio or upon such ratio as may be provided by law." This declaration so controls... | |
 | William Brough - 1894 - 186 pages
...Nor was this fear by any means groundless. The Act of July 14, 1890, does indeed declare it as being "the established policy of the United States to maintain the two metals on a parity with each other," but this declaration is not sustained by the action of our government in the past, nor is it consistent... | |
 | Canadian Bankers' Association - 1894 - 358 pages
...to pay of the United States, and are redeemable in '' coin." The new Act recites the fact that it is the established policy of the United States to " maintain the two metals on a parity," and the Secretary of the Treasury is given discretion to redeem the notes in gold, which thus far he... | |
 | Charles Gates Dawes - 1894 - 96 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 obvious that this large addition to our circulation... | |
 | Great Britain. Parliament. House of Commons - 1894 - 668 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 n parity with each other, u/ion " the present legal ratio or »uch ratio as may be provided by " law."... | |
 | 1894 - 926 pages
...Secretary of the Treasury, and that said notes may be reissued. It is, however, declared in the act to be "the established policy of the United States to maintain the two metal» on a parity with each other upon the present legal ratio or upo'n such ratio as may be provided... | |
 | John Brooks Henderson - 1895 - 40 pages
...the Secretary to redeem the notes issued by its authority in gold or silver, and expressly declared it to be " the established policy of the United States...metals on a parity with each other upon the present ratio or upon such ratio as may be provided by law." GREENBACK CIRCULATION. Before we entered upon... | |
 | 1895 - 1038 pages
...the secretary of the treasury, but it was declared as a part of this redemption provision that it was 'the established policy of the United States to maintain...parity with each other upon the present legal ratio, or snch ratio as may be provided by law.' The money coined from such bullion was to be standard silver... | |
 | Armistead Churchill Gordon - 1895 - 256 pages
...necessary for the redemption of the Treasury notes issued under it. The statutory declaration that it is " the established policy of the United States to maintain...parity with each other upon the present legal ratio," as construed by the Treasury officials, has resulted in the redemption of the Sherman Treasury notes... | |
 | 1895 - 548 pages
...notes authorized by the act, in the discretion of the Secretary. The act recited further that it was the " established policy -of the United States to...maintain the two metals on a parity with each other." The Treasury purchased under the Sherman law 168,674,682 ounces at a cost of 4155,931,002. At 60 cents... | |
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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. 
