The Merchants' Magazine and Commercial Review, Volume 59William B. Dana F. Hunt, 1868 - Commerce |
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Page 20
... whole public revenues of both nations , it is but natural and reason- able that Frenchmen and Germans should sooner or later demand that the necessity for these enormous efforts be clearly demonstrated . That necessity can only be ...
... whole public revenues of both nations , it is but natural and reason- able that Frenchmen and Germans should sooner or later demand that the necessity for these enormous efforts be clearly demonstrated . That necessity can only be ...
Page 44
... whole country , and to every branch of industry in it , and not in their more restricted and special aspects . Even in the local boards , the individual members are called upon , if not to forget their particular avocations , at least ...
... whole country , and to every branch of industry in it , and not in their more restricted and special aspects . Even in the local boards , the individual members are called upon , if not to forget their particular avocations , at least ...
Page 53
... whole . A change in the value of coinage would but add to the embarrassments of the situation , and it may be remarked inci- dentally that the reduction of the legal value of the dollar would inure largely to the benefit of speculators ...
... whole . A change in the value of coinage would but add to the embarrassments of the situation , and it may be remarked inci- dentally that the reduction of the legal value of the dollar would inure largely to the benefit of speculators ...
Page 81
... whole export trade in these goods by those two countries respectively in each year , from 1862 to 1866. The importa- tions to Great Britain of iron and steel , neither wrought nor unmanu- factured , are returned as follows : Pig iron ...
... whole export trade in these goods by those two countries respectively in each year , from 1862 to 1866. The importa- tions to Great Britain of iron and steel , neither wrought nor unmanu- factured , are returned as follows : Pig iron ...
Page 87
... whole farm and appurtenances four times every year , and got the bonus of two per cent on each sale , he would be on an equality with the dealer . As things are , it is very doubtful whether he gets the two per cent on his sales of ...
... whole farm and appurtenances four times every year , and got the bonus of two per cent on each sale , he would be on an equality with the dealer . As things are , it is very doubtful whether he gets the two per cent on his sales of ...
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Common terms and phrases
amount August average balance bales Belgium bonds bushels canal capital cent Central Chicago circulation coal coin commercial commodities Congress consumption cost cotton crop currency demand deposits depreciated currency dividends dollar Erie Erie Canal estimated Europe exchange expenses exports fact February 29 foreign France freight fund gold premium Government grain greenbacks gross earnings important increase iron issue July June June 30 labor Lake legal tender less manufacturers March 31 miles millions Milwaukee and St Mississippi months National Bank navigation nitro-glycerine October Ohio operations Orleans Pacific Passenger payment ports pref present production profit Prussia Railroad rate of interest receipts reserve result revenue River road route Schenectady securities September specie speculation supply taxes Terre Haute tion tons Total trade transportation Treasury United United Kingdom West Western wheat York York Stock Exchange
Popular passages
Page 359 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Page 178 - The navigable waters leading into the Mississippi and St. Lawrence, and the carrying places between the same, shall be common highways, and forever free, as well to the inhabitants of the said territory, as to the citizens of the United States, and those of any other states that may be admitted into the confederacy, without any tax, impost, or duty therefor.
Page 197 - He unroofs the houses and ships the population to America. The nation is accustomed to the instantaneous creation of wealth. It is the maxim of their economists, "that the greater part in value of the wealth now existing in England has been produced by human hands within the last twelve months.
Page 210 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 185 - It is to be remarked that this ratio would be precisely that in which the quantity of money had been increased. If the whole money in circulation was doubled, prices would be doubled. If it was only increased one-fourth, prices would rise one-fourth.
Page 331 - Most unquestionably there is no "legal tender, and there can be no legal tender in this country, under the authority of this government or any other, but gold and silver, either the coinage of our own mints or foreign coins at rates regulated by congress.
Page 54 - If there be one conclusion more clear than another, deducible from all the history of mankind, it is the danger of hasty and inconsiderate legislation upon weights and measures. From this conviction, the result of all inquiry is, that, while all the existing systems of metrology are very imperfect and susceptible of improvements, involving in no small degree the virtue and happiness of future ages; while the impression of...
Page 46 - The reduction in value of the half-eagle would slightly exceed 17 £ cents; in the sovereign, 4 cents.) 5. The coins of each nation to continue to bear the names and emblems preferred by each, but to be legal tenders, public and private, in all. The...
Page 331 - ... regulated by Congress. This is a constitutional principle, perfectly plain, and of the very highest importance. The states are expressly prohibited from making anything but gold and silver a tender in payment of debts ; and although no such express prohibition is applied to Congress, yet as Congress has no power granted to it, in this respect, but to coin money and to regulate the value of foreign coins, it clearly has no power to substitute paper, or anything else, for coin, as a tender in payment...
Page 46 - Coins of equal weight and diameter. 3. Of equal quality, nine-tenths fine. 4. The weight of the present five-franc gold pieca to be the unit, with its multiples.