The American Statesman a Political History Exhibiting the Origin Nature And Pr
The American Statesman a Political History Exhibiting the Origin Nature And Pr
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In our eReader you can find the full English version of the book. Read The American Statesman a Political History Exhibiting the Origin Nature And Pr Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The American Statesman a Political History Exhibiting the Origin Nature And Pr
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One object of those who advised the act, was to limit the sales of the public lands and raise their prices ; and the order had effected the object, and benefited the speculators, and the deposit banks from which they had borrowed the money. Another object of the order was to save the deposit banks from failure. It had been said by senators that the distribution bill would break many of these banks. This order was therefore intended to collect specie in the land-offices, to be distributed among ...these banks to enable them to pay over the money to the states. It had been said the order would pre vent the over issues of banks. To this he replied, that there had been no over issues except by the deposit banks ; and these would not be affected by the order, but would be relieved by the aid of this specie from the effect of their improvident loans. The increase of the issues of the western banks which had taken place within the last few years, was no greater than the increasing commerce of the country had de manded.
What to read after The American Statesman a Political History Exhibiting the Origin Nature And Pr?
You can find similar books in the "Read Also" column, or choose other free books by Andrew W Andrew White Young to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
One object of those who advised the act, was to limit the sales of the public lands and raise their prices ; and the order had effected the object, and benefited the speculators, and the deposit banks from which they had borrowed the money. Another object of the order was to save the deposit banks from failure. It had been said by senators that the distribution bill would break many of these banks. This order was therefore intended to collect specie in the land-offices, to be distributed among ...these banks to enable them to pay over the money to the states. It had been said the order would pre vent the over issues of banks. To this he replied, that there had been no over issues except by the deposit banks ; and these would not be affected by the order, but would be relieved by the aid of this specie from the effect of their improvident loans. The increase of the issues of the western banks which had taken place within the last few years, was no greater than the increasing commerce of the country had de manded.
What to read after The American Statesman a Political History Exhibiting the Origin Nature And Pr?
You can find similar books in the "Read Also" column, or choose other free books by Andrew W Andrew White Young to read onlineMoreLess
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