The History of the United States of America : From the Adoption of the Federal Constitution to the End of the Sixteenth Congress 2nd Ser., Vol. 3 (Vol. 6)
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In our eReader you can find the full English version of the book. Read The History of the United States of America : From the Adoption of the Federal Constitution to the End of the Sixteenth Congress 2nd Ser., Vol. 3 (Vol. 6) 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 History of the United States of America : From the Adoption of the Federal Constitution to the End of the Sixteenth Congress 2nd Ser., Vol. 3 (Vol. 6)
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To quickly assess the difficulty of the text, read a short excerpt:
6. and a compromise scheme was then adopted, for a bank with thirty millions capital, five in specie, ten in stocks issued since the war began, and fifteen in new treasury notes. But the great points of Calhoun's scheme were still preserved ; the bank was not to be obliged to lend to the government, nor permitted to suspend specie pay- ments. The Senate wished to substitute the great point of Dallas's plan, by vesting a power, in the president to NEW TAXES. 543 authorize a suspension. But the H...ouse refused to agree chapter to this ; and the bill having finally passed without any such clause, it was vetoed by the president as inade- 1815.
quate to the emergency. Jan ' 2 ' Meanwhile, the treasury had no other resource but the continued issue of new treasury notes, reluctantly accepted by the most necessitous of the government cred- itors, and passing, in private transactions, at a discount of twenty-two per cent.
The new tax bills, which included, among other things,.
an increase of postage, and duties upon paper, cotton cloths, and other domestic manufactures, encountered a very violent opposition.
What to read after The History of the United States of America : From the Adoption of the Federal Constitution to the End of the Sixteenth Congress 2nd Ser., Vol. 3 (Vol. 6)?
You can find similar books in the "Read Also" column, or choose other free books by Richard Hildreth to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
6. and a compromise scheme was then adopted, for a bank with thirty millions capital, five in specie, ten in stocks issued since the war began, and fifteen in new treasury notes. But the great points of Calhoun's scheme were still preserved ; the bank was not to be obliged to lend to the government, nor permitted to suspend specie pay- ments. The Senate wished to substitute the great point of Dallas's plan, by vesting a power, in the president to NEW TAXES. 543 authorize a suspension. But the H...ouse refused to agree chapter to this ; and the bill having finally passed without any such clause, it was vetoed by the president as inade- 1815.
quate to the emergency. Jan ' 2 ' Meanwhile, the treasury had no other resource but the continued issue of new treasury notes, reluctantly accepted by the most necessitous of the government cred- itors, and passing, in private transactions, at a discount of twenty-two per cent.
The new tax bills, which included, among other things,.
an increase of postage, and duties upon paper, cotton cloths, and other domestic manufactures, encountered a very violent opposition.
What to read after The History of the United States of America : From the Adoption of the Federal Constitution to the End of the Sixteenth Congress 2nd Ser., Vol. 3 (Vol. 6)?
You can find similar books in the "Read Also" column, or choose other free books by Richard Hildreth to read onlineMoreLess
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