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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 legal ratio, or such ratio as may be provided by law. "
Appletons' Annual Cyclopædia and Register of Important Events of the Year ... - Страница 152
1897
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The Yale Review, Том 3

George Park Fisher, George Burton Adams, Henry Walcott Farnam, Arthur Twining Hadley, John Christopher Schwab, William Fremont Blackman, Edward Gaylord Bourne, Irving Fisher, Henry Crosby Emery, Wilbur Lucius Cross - 1895 - 480 страници
...legal tenders of 1890, that of the act of Congress 1890, which at the close of section 2, declares it to be "the established policy of the United States...ratio, or such ratio as may be provided by law." In the case of the " greenbacks," on the other hand, the government becomes a banker, having borrowed...

The Arena, Том 11

1895 - 548 страници
...should coin so much as might be necessary to provide for redemption of treasury notes, and declared it to be " the established policy of the United States...legal ratio, or such ratio as may be provided by law." The ostensible purpose of this act was to remedy the deficiencies of the existing law, and take another...

Sound Currency

1895 - 558 страници
...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...legal ratio, or such ratio as may be provided by law. SEC. 8. That the Secretary of the Treasury shall each month coin two million ounces of the silver bullion...

Money and Banking Illustrated by American History

Horace White - 1895 - 526 страници
...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...legal ratio or such ratio as may be provided by law." The treasury notes were declared to be " legal tender in payment of all debts, public or private, except...

The American Nation: Its Executive, Legislative, Political, Financial ..., Том 2

James Harrison Kennedy - 1895 - 926 страници
...seigniorage arising from such coinage shall be accounted for and paid into the treasury. * * * It being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." Representative Wilson of Virginia, a close personal friend of Mr. Cleveland, immediately introduced...

Joint-metallism: A Plan by which Gold and Silver Together, at Ratios Always ...

Anson Phelps Stokes - 1895 - 302 страници
...upon this subject." (Applause.) — ExPresident HARRISON — Speech at Indianapolis, April 25, 1894. "The established policy of the United States to maintain...legal ratio or such ratio as may be provided by law." — Act of Congress, November i. 1893. " Whether it [money] be gold or silver or both, or paper based...

Congressional Currency: An Outline of the Federal Money System

Armistead Churchill Gordon - 1895 - 256 страници
...virtue of the construction placed by the Treasury officials on the statutory declaration that " it is the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." ' The national bank note is a limited liability obligation of the government, in that United States...

A Coin Catechism

Jacob Kendrick Upton - 1895 - 130 страници
...in either gold or silver at the discretion of the Secretary of the Treasury, Congress declaring it " the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." So much of the act of 1878 as required the purchase of silver and coining it into dollars was repealed....

Recollections of Forty Years in the House, Senate, and Cabinet: An ..., Том 2

John Sherman - 1895 - 728 страници
...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...legal ratio, or such ratio as may be provided by law. "SEC. 3. That the Secretary of the Treasury shall each month coin 2,000,000 ounces of the silver bullion...

Real Bi-metallism: Or True Coin Versus False Coin; a Lesson for "Coin's ...

Everett Pepperrell Wheeler - 1895 - 120 страници
...one. To this the credit of the government is pledged, The Act of July 14, 1890, declares: "It being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." ' This is the true and the only possible bi-metallism. The free coinage of silver means a single silver...




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