The Silver Coinage Question a Review of Senator Becks Speech
The Silver Coinage Question a Review of Senator Becks Speech
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In our eReader you can find the full English version of the book. Read The Silver Coinage Question a Review of Senator Becks Speech 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 Silver Coinage Question a Review of Senator Becks Speech
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Beck's preamble as section 8. 694 of the Revised Statutes, with a slight verbal alteration made to fit the time when the revision of the statutes was made.
It will help us to discover how this fifth section came to be passed it we take a glance at the situa- tion of affairs in February, 1862. The war had been in progress about ten months. The Govern- ment had borrowed the entire capital of the New York banks and had issued $50, 000, 000 of Trea- sury notes besides, thus forcing a suspension of ...specie payments. But the premium on gold was still so slight that it was not noticed by the country generally, being no greater than the rate of exchange had often been between the West and the East. Silver coin ior small change 13 was still in circulation. No idea existed at that time, either in or out of Congress, either in the United States or in the Confederate States, of making Government notes a permanent cur- rency. All the notes authorized were looked upon as promise to pay promises to be soon redeemed by payment.
What to read after The Silver Coinage Question a Review of Senator Becks Speech?
You can find similar books in the "Read Also" column, or choose other free books by Horace White to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Beck's preamble as section 8. 694 of the Revised Statutes, with a slight verbal alteration made to fit the time when the revision of the statutes was made.
It will help us to discover how this fifth section came to be passed it we take a glance at the situa- tion of affairs in February, 1862. The war had been in progress about ten months. The Govern- ment had borrowed the entire capital of the New York banks and had issued $50, 000, 000 of Trea- sury notes besides, thus forcing a suspension of ...specie payments. But the premium on gold was still so slight that it was not noticed by the country generally, being no greater than the rate of exchange had often been between the West and the East. Silver coin ior small change 13 was still in circulation. No idea existed at that time, either in or out of Congress, either in the United States or in the Confederate States, of making Government notes a permanent cur- rency. All the notes authorized were looked upon as promise to pay promises to be soon redeemed by payment.
What to read after The Silver Coinage Question a Review of Senator Becks Speech?
You can find similar books in the "Read Also" column, or choose other free books by Horace White to read onlineMoreLess
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