 It is, however, declared in the act to be "the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio or such ratio as may be provided by law.  Outlines of Economics - Сторінка 268автори: Richard Theodore Ely, Thomas Sewall Adams, Max Otto Lorenz, Allyn Abbott Young - 1916 - 769 стор.Повний перегляд - Докладніше про цю книгу
 | 1891 - 828 стор.
...promise that the notes shall always be redeemed in gold or its exact equivalent. ... In addition to being redeemable in gold or silver coin, at the discretion of the Secretary of the Treasury, and practically under the pledge to maintain the two metals at parity in gold, the treasury... | |
 | Richard Theodore Ely - 1893 - 826 стор.
...than less, was needed. A second compromise was effected in the Sherman Silver-Purchase Act of 1800, which provided for an increase in the amount of silver...of the treasury notes. The increase in the amount of silver purchased was a concession to the advocates of the unlimited coinage of silver; the fact... | |
 | Frank William Taussig - 1893 - 214 стор.
...contract. They differ from the silver certificates in another respect ; they are redeemable either in gold or silver coin, at the discretion of the Secretary of the Treasury. The indirect process of redemption which, as we have seen, was applied to the silver certificates, is replaced... | |
 | 1894 - 940 стор.
...Treasury is commanded to purchase, monthly, there shall be issued Treasury notes redeemable on demand in gold or silver coin, at the discretion of the Secretary of the Treasury, and that said notes may be reissued. It is, however, declared in the act to be 41 the... | |
 | Edmund Burke - 1894 - 772 стор.
...Treasury is commanded to purchase monthly, there shall be issued Treasury notes, redeemable on demand in gold or silver coin at the discretion of the Secretary of the Treasury, and that the said notes may be re-issued. It is, however, declared in the Act to be the... | |
 | Edmund Burke - 1894 - 782 стор.
...Treasury is commanded to purchase monthly, there shall be issued Treasury notes, redeemable on demand in gold or silver coin at the discretion of the Secretary of the Treasury, and that the said notes may be re-issued. It is, however, declared in the Act to be the... | |
 | 1895 - 548 стор.
...debts except where otherwise expressly stipulated in the contract, and receivable for all public dues. Redeemable in gold or silver coin at the discretion of the Secretary of the Treasury. The practice is to redeem them in gold or silver at the option of the holder — generally gold. Gold Ccrtifleatcs,... | |
 | John Sherman - 1895 - 728 стор.
...monthly purchase of 4,500,000 ounces of silver bullion, and the payment therefor with treasury notes redeemable in gold or silver coin at the discretion of the Secretary of the Treasury, and to the reissue of said notes after redemption. He stated that up to the 15th of July,... | |
 | Edward Carroll - 1895 - 332 стор.
...public and private, except where otherwise stipulated in the contract between the parties. They are redeemable in gold or silver coin at the discretion of the Secretary of the Treasury. In order to maintain a nominal parity of silver and gold, it has been found necessary... | |
 | Armistead Churchill Gordon - 1895 - 256 стор.
...Treasury. The denominations of the Sherman Treasury notes range from $1 up to $1000. They are specifically redeemable " in gold or silver coin " at the discretion of the Secretary of the Treasury ; but the statute of 1890 recites in terms that it is "the established policy of the United... | |
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