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" The principal objections to the latter circulation, as a permanent system, were thus stated by him : " (1) The facility of excessive expansion when expenditures exceed revenue ; (2) The danger of lavish and corrupt expenditure, stimulated by facility... "
"Greenbacks": Or, the Evils and the Remedy of Using "Promise to Pay the ... - Страница 28
по Observer - 1864 - 29 страници
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The Continental Monthly, Том 4

1863 - 774 страници
...permanent system are, 1st, the facility of excessive expansion when expenditures exceed revenue ; 2d, the danger of lavish and corrupt expenditure, stimulated by facility of expansion; '3d, the danger of fraud in management and supervision; 4th, the impossibility of providing it in sufficient...

American Slavery and Finances, Томове 1–9

Robert John Walker - 1864 - 406 страници
...permanent " system are, 1st, the facility of excessive expansion when expen" dit lives exceed revenue ; 2d, the danger of lavish and corrupt " expenditure, stimulated by facility of expansion ; 3d, the dan" ger of fraud in management and supervision ; 4th, the impossi" bility of providing it...

The National Currency: April 6, 1864

L. Bonnefoux - 1864 - 778 страници
...thus stated by him : " (1.) The facility of excessive expansion when expenditures exceed revenue. (2.) The danger of lavish and corrupt expenditure stimulated by facility of expansion. (3.) The danger of fraud in management and ftnpervision. (4.) The impossibility of providing it in...

Report of the Secretary of the Treasury on the State of the Finances

United States. Department of the Treasury - 1875 - 926 страници
...thus stated by him : " (1) The facility of excessive expansion when expenditures exceed revenue ; (2) The danger of lavish and corrupt expenditure, stimulated by facility of expansion ; (3) The danger of fraud iu management and supervision; (4) The impossibility of providing it in sufficient...

House Documents, Otherwise Publ. as Executive Documents: 13th ..., Том 6

United States. Congress. House - 1876 - 982 страници
...thus stated by him : " (1) The facility of excessive expansion when expenditures exceed revenue ; (2) The danger of lavish and corrupt expenditure, stimulated by facility of expansion ; (3) The danger of fraud iu aianagenieut and supervision; (4) The impossibility of providing it iu...

Selected Speeches and Reports on Finance and Taxation, from 1859 to 1878

John Sherman - 1879 - 664 страници
...a permanent system are: 1, the facility of excessive expansion when expenditures exceed revenue; 2, the danger of lavish and corrupt expenditure, stimulated by facility of expansion ; 3, the danger of fraud in management and supervision; 4, the impossibility of providing it in sufficient...

For the People: The Public Dept: what to Do with It. An Examination of the ...

Henry Reed (of Cincinnati.) - 1863 - 72 страници
...circulation to be : " 1. The facility of excessive expansion (15) when expenditures exceed revenue ; 2. The danger of lavish and corrupt expenditure, stimulated by facility of expansion ; 3. The danger of fraud in management and supervision ; 4. The impossibility of providing it in sufficient...




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