 | Harry Thurston Peck - 1898 - 936 страници
...appropriated." These treasury notes are to be redeemed in coin on demand, but the act declares that it is "the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law," so while it is left to the discretion of the secretary to redeem them in either gold or silver, he... | |
 | Republican Congressional Committee - 1898 - 420 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 two million ounces of the silver... | |
 | Alexander Dana Noyes - 1898 - 306 страници
...as a limitation to this discretionary. power, the following remarkable clause was added: " It being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." This conference measure, with its famous " parity clause," was chiefly the work of Mr. Sherman, for... | |
 | 1898 - 418 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... | |
 | David Kemper Watson - 1899 - 312 страници
...of the Treasury should redeem the same in gold or silver coin, at his discretion. (6) It declared it to be the established policy of the United States...legal ratio, or such ratio as may be provided by law. (7) It directed the Secretary of the Treasury to coin 2,000,000 ounces each month of the bullion purchased... | |
 | Sunset Club (Chicago, Ill.) - 1899 - 392 страници
...of any of these Treasury notes may demand their redemption "in gold 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." Were not these two acts sufficient to drive gold out of the country under the operation of the Gresham... | |
 | Fred Abbott Baker - 1899 - 212 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 monthi coin two million ounces of the silver... | |
 | 1900 - 640 страници
...with gold it would be a distinct violation of statute. In the act of July 14, 1890, it was declared to be "the established policy of the United States...legal ratio, or such ratio as may be provided by law." This policy was reaffirmed by the act of November I, 1893, discontinuing purchases of silver bullion,... | |
 | United States. Register of the Treasury - 1900 - 294 страници
...provided for, the Secretary shall redeem the same 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. COPY OF OBLIGATION. Treasury notes of 1890 (act July It, 1890). OBVEBBS. TREASURY KOTE. No. . THE UNITED... | |
 | William Livingstone - 1900 - 596 страници
...Secretary. After the legal tender clause was one which read: "It being the established policy of the I'nited States to maintain the two metals on a parity with...legal ratio, or such ratio as may be provided by law." The Act also provided for the actual coinage of 2.000,000 silver dollars a month up to July 1. 18!M.... | |
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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. 
