| David Kemper Watson - 1899 - 312 páginas
...the course theretofore pursued by the Secretaries. Another important provision of the act declared it to be " the established policy of the United States...present legal ratio, or such ratio as may be provided bylaw." This declaration produced a wholesome effect on the country, but the general influence of the... | |
| Sunset Club (Chicago, Ill.) - 1899 - 392 páginas
...of any of these Treasury notes may demand their redemption "in gold coin at his discretion, it being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." Were not these two acts sufficient to drive gold out of the country under the operation of the Gresham... | |
| David Kemper Watson - 1899 - 310 páginas
...Secretary of the Treasury should redeem such notes in gold or silver coin at his discretion, it being the established policy of the United States to maintain...other upon the present legal ratio, or such ratio as might be provided by law." The Treasury notes issued under this act were a legal tender, and in that... | |
| George Park Fisher, George Burton Adams, Henry Walcott Farnam, Arthur Twining Hadley, John Christopher Schwab, William Fremont Blackman, Edward Gaylord Bourne, Irving Fisher, Henry Crosby Emery, Wilbur Lucius Cross - 1899 - 506 páginas
...could be clearly shown to be called for under the clause of the act of July 14, 1890, declaring it to be "the established policy of the United States...parity with each other upon the present legal ratio." Evidently, then, the present state of the law, despite consistent and sound practice on the part of... | |
| George Park Fisher, George Burton Adams, Henry Walcott Farnam, Arthur Twining Hadley, John Christopher Schwab, William Fremont Blackman, Edward Gaylord Bourne, Irving Fisher, Henry Crosby Emery, Wilbur Lucius Cross - 1899 - 496 páginas
...could be clearly shown to be called for under the clause of the act of July 14, 1890, declaring it to be "the established policy of the United States...parity with each other upon the present legal ratio." Evidently, then, the present state of the law, despite consistent and sound practice on the part of... | |
| United States. Register of the Treasury - 1900 - 294 páginas
...provided for, the Secretary shall redeem the same in gold or silver coin, at his discretion, it being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law. COPY OF OBLIGATION. Treasury notes of 1890 (act July It, 1890). OBVEBBS. TREASURY KOTE. No. . THE UNITED... | |
| William Livingstone - 1900 - 596 páginas
...Secretary. After the legal tender clause was one which read: "It being the established policy of the I'nited States to maintain the two metals on a parity with...legal ratio, or such ratio as may be provided by law." The Act also provided for the actual coinage of 2.000,000 silver dollars a month up to July 1. 18!M.... | |
| 1900 - 640 páginas
...— "in gold or silver coin, at his discretion." To this was added the further proviso : " It being the established policy of the United States to maintain...with each other upon the present legal ratio, or such other ratio as may be provided by law." This imposed upon the Secretary the legal duty of maintaining... | |
| 1900 - 608 páginas
...regulations as he may prescribe, redeem such notes in gold or silver coin, at his discretion, it being the established policy of the United States to maintain...metals on a parity with each other upon the present ratio, or such ratio as may be provided by law." Act of November 1, 1893 : " And it is hereby declared... | |
| Israel Ward Andrews - 1900 - 444 páginas
...gold or silver at the option of the Secretary of the Treasury. The law contained a clause stating it to be " the established policy of the United States...maintain the two metals on a parity with each other at the present ratio" (16 to 1). The coining of silver dollars was to continue at the rate of 2,000,000... | |
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