Clearing Out of Town Checks in England And the United States
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Efforts to stop this abuse were made in the House of Representa- tives in February, 1901. At a hearing before the House Committee on Appropriations, March 24, 1902, I argued that the United States Government was being robbed under form of law ; and in the same session of Congress the House of Representatives passed the bill with an amendment which directed the Secretary of the Treasury to transport from the Treasury or sub-treasuries, free of charge, silver coin for general circulation, when re...quested to do so, under such regulations as the Secretary of the Treasury shall make. Through the exertions of the New England non-par banks the Senate struck out the words here indicated in italics and the amendment was lost in conference. Another attempt to stop this abuse was made in February, 1903, but defeated unexpectedly through the influence in Congress of the express com- panies interested in the transportation of the silver. Sooner or later it will be stopped. Be that as it may, it was not this free transportation of silver alone that defeated or could defeat the Boston banks, though, under the circumstances, they erred in collecting the checks by express.
What to read after Clearing Out of Town Checks in England And the United States?
You can find similar books in the "Read Also" column, or choose other free books by James Collins Halloch to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Efforts to stop this abuse were made in the House of Representa- tives in February, 1901. At a hearing before the House Committee on Appropriations, March 24, 1902, I argued that the United States Government was being robbed under form of law ; and in the same session of Congress the House of Representatives passed the bill with an amendment which directed the Secretary of the Treasury to transport from the Treasury or sub-treasuries, free of charge, silver coin for general circulation, when re...quested to do so, under such regulations as the Secretary of the Treasury shall make. Through the exertions of the New England non-par banks the Senate struck out the words here indicated in italics and the amendment was lost in conference. Another attempt to stop this abuse was made in February, 1903, but defeated unexpectedly through the influence in Congress of the express com- panies interested in the transportation of the silver. Sooner or later it will be stopped. Be that as it may, it was not this free transportation of silver alone that defeated or could defeat the Boston banks, though, under the circumstances, they erred in collecting the checks by express.
What to read after Clearing Out of Town Checks in England And the United States?
You can find similar books in the "Read Also" column, or choose other free books by James Collins Halloch to read onlineMoreLess
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