The Life And Times of Alexander Hamilton
The Life And Times of Alexander Hamilton
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In our eReader you can find the full English version of the book. Read The Life And Times of Alexander Hamilton 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 Life And Times of Alexander Hamilton
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Other grounds of opposition were also advanced, but were less tenable and more resolvable into the spirit of party than based on the solid principles of liberty, or the incontestable dictates of reason. A qualified exception, however, must be made to thia remark in the case of the Bank of the United States ; and in order to escape any imputation of prejudice, we shall cite, in the words of Judge Mar- 236 THE LIFE AND TIMES fihall himself, as we have previously done ou several occasions from the... same motive.
The opposition contended that : " The banish- ment of coin would be completed by ten millions of paper money in tVie form of hank hills, which were then issuing into circulation. Nor would this be the only mischief resulting from the institution of the bank. The ten or twelve per cent, annual profit paid to the lenders of this paper medium, would be taken out of the pockets of the people, who would have had without interest, the coin it was banish- ing ; that all the capital employed in paper circu- lation is barren and useless, producing like that on a gaming table, no accession to itself, and is with- drawn from commerce and agriculture, where it would have produced addition to the common mass.
What to read after The Life And Times of Alexander Hamilton?
You can find similar books in the "Read Also" column, or choose other free books by Samuel Mosheim Smucker to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Other grounds of opposition were also advanced, but were less tenable and more resolvable into the spirit of party than based on the solid principles of liberty, or the incontestable dictates of reason. A qualified exception, however, must be made to thia remark in the case of the Bank of the United States ; and in order to escape any imputation of prejudice, we shall cite, in the words of Judge Mar- 236 THE LIFE AND TIMES fihall himself, as we have previously done ou several occasions from the... same motive.
The opposition contended that : " The banish- ment of coin would be completed by ten millions of paper money in tVie form of hank hills, which were then issuing into circulation. Nor would this be the only mischief resulting from the institution of the bank. The ten or twelve per cent, annual profit paid to the lenders of this paper medium, would be taken out of the pockets of the people, who would have had without interest, the coin it was banish- ing ; that all the capital employed in paper circu- lation is barren and useless, producing like that on a gaming table, no accession to itself, and is with- drawn from commerce and agriculture, where it would have produced addition to the common mass.
What to read after The Life And Times of Alexander Hamilton?
You can find similar books in the "Read Also" column, or choose other free books by Samuel Mosheim Smucker to read onlineMoreLess
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