Observations on Coinage, and Our Present Monetary System

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Trübner, 1868 - 36 páginas
 

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Página 32 - His Majesty the Emperor of the French, His Majesty the King of Prussia, His Majesty the Emperor of all the Russias...
Página 16 - There are some important points in which the present crisis differs from those of 1847 and 1857. Those periods were periods of mercantile distress, but the vital consideration of banking credit does not appear to have been involved in them, as it is in the present crisis.
Página 36 - ... to the terms stipulated by the second, third, and fourth articles of the treaty of amity and commerce, concluded between His Most Christian Majesty and the United States. ARTICLE XVI. The ratification of the present convention shall be given in proper form and exchanged on both sides, within the space of six months, or sooner if possible. In faith whereof, we, the underwritten, Ministers Plenipotentiaries of His Most Christian Majesty, and the United States of North America, have signed the present...
Página 36 - VI. The execution of the reciprocal engagements contained in the present Treaty is expressly declared to be subject to the fulfilment of the formalities and rules prescribed by the constitutional laws of those of the High Contracting Parties for whom such a sanction is needful, and who engage to take measures for obtaining the same with the least possible delay. ARTICLE VII.
Página 32 - Newfoundland, have decided to conclude a Convention to that effect, and have named as their respective Plenipotentiaries...
Página 36 - ... Netherland Colonies and Possessions are excepted, save as regards the provisions forming the object of Articles V and VIII. The position of the British and Netherland Colonies and Possessions is, furthermore, regulated by the Declarations inserted in the Final Protocol. ARTICLE XII. The fulfilment of the mutual engagements contained in the present Convention, is subject, as far as necessary, to the completion of the formalities and requirements established by the Constitutional laws of each of...
Página 36 - Art. IV. The present convention shall be ratified, and the ratifications exchanged within two months, or sooner, if possible. In faith of which the respective plenipotentiaries have signed the present convention, and have affixed to it the seals of their arms. Done at London the 29th of June, one thousand eight hundred and four* teen.
Página 14 - Act as the only means by which bankers and merchants could be "undeceived" as to the limits of their reliance on the Bank in times of pressure. He claimed that they "must learn that the Bank of England cannot by any expedient be made to supply . . . ready money beyond what, under the ordinary good 72 management of a Deposit Bank, it can retain in reserve...
Página 36 - The privilege of joining the present convention is granted to any other state which shall accept its obligations, and which shall adopt the monetary system of the Union in regard to gold and silver coins.
Página 35 - This obligation shall be prolonged for a period of two years from the date of the expiration of the present Treaty. " Article 9. The high contracting parties shall not issue silver pieces of 2f., of If., of 50c., and of 20c. struck according to the conditions mentioned in Article 4 beyond the ratio of 6f . in value for each inhabitant. This amount, upon the basis of the last census in each State, and reckoning the presumed increase of population until the expiration of the present Treaty, is fixed...

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