United States Notes; a History of the Various Issues of Paper Money By the Government of the United States
United States Notes; a History of the Various Issues of Paper Money By the Government of the United States
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The remainder was to bo sold after public advertisement of not less than thirty days, at their par value, for specie, to the bidders offering to take them at the lowest rate of interest, not exceeding 6 per cent. The interest upon the notes was to expire, after maturity of notes, upon sixty days' notice from the Secretary, of his readiness to redeem such notes ; they were to be issued in denominations of not less than $100, and were to be signed by the Treasurel" aiid Register ; they were recei...vable in payment of all dues to the United States. The whole amount authorized was issued, and the amount of issues and reissues, in all, was $.52,778,900.
The interest upon these notes was as follows : $6,323,600 at 3 per cent.; $985,000 at from S^to 4 percent.; $688,- 000 at 4:i per cent.; 10,055,700 at 4| per cent.; $4,532,- 500 at 4f per cent.; $7,533,900 at 5 per cent.; $8,204,- 600 at 5^ per cent.; $3,514,100 at 5f per cent.; and $10,941,600 at 6 per cent. On page 73 is the form of a 3 per cent.
What to read after United States Notes; a History of the Various Issues of Paper Money By the Government of the United States?
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To quickly assess the difficulty of the text, read a short excerpt:
The remainder was to bo sold after public advertisement of not less than thirty days, at their par value, for specie, to the bidders offering to take them at the lowest rate of interest, not exceeding 6 per cent. The interest upon the notes was to expire, after maturity of notes, upon sixty days' notice from the Secretary, of his readiness to redeem such notes ; they were to be issued in denominations of not less than $100, and were to be signed by the Treasurel" aiid Register ; they were recei...vable in payment of all dues to the United States. The whole amount authorized was issued, and the amount of issues and reissues, in all, was $.52,778,900.
The interest upon these notes was as follows : $6,323,600 at 3 per cent.; $985,000 at from S^to 4 percent.; $688,- 000 at 4:i per cent.; 10,055,700 at 4| per cent.; $4,532,- 500 at 4f per cent.; $7,533,900 at 5 per cent.; $8,204,- 600 at 5^ per cent.; $3,514,100 at 5f per cent.; and $10,941,600 at 6 per cent. On page 73 is the form of a 3 per cent.
What to read after United States Notes; a History of the Various Issues of Paper Money By the Government of the United States?
You can find similar books in the "Read Also" column, or choose other free books by Knox, John Jay, 1828-1892 to read onlineMoreLess
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