The Financial History of the United States, from 1774 to 1789: Embracing the Period of the American Revolution

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D. Appleton, 1879 - 369 Seiten

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Seite 50 - No. Dollars. This bill entitles the bearer to receive Spanish milled dollars, or the value thereof in Gold or Silver...
Seite 191 - All charges of war and all other expenses that shall be incurred for the common defence or general welfare, and allowed by the United States in congress assembled, shall be defrayed out of a common treasury, which shall be supplied by the several states in proportion to the value of all land within each state...
Seite 355 - Our situation is becoming every day more and more critical. No money comes into the Federal Treasury ; no respect is paid to the Federal authority ; and people of reflection unanimously agree that the existing Confederacy is tottering to its foundation.
Seite 191 - The taxes for paying that proportion shall be laid and levied by the authority and direction of the legislatures of the several states within the time agreed upon by the united states in congress assembled.
Seite 20 - A single man, in each department of the administration, would be greatly preferable. It would give us a chance of more knowledge, more activity, more responsibility, and, of course, more zeal and attention.
Seite 290 - Resolved, that it be recommended to the several states, as indispensably necessary, that they vest a power in Congress, to levy for the use of the United States, a duty of five per cent...
Seite 21 - ... knowledge as an administration by single men. Men of the first pretensions will not so readily engage in them ; because they will be less conspicuous, of less importance, have less opportunity of distinguishing themselves. The members of Boards will take less pains to inform themselves and arrive to eminence, because they have fewer motives to do it.
Seite 23 - ... third, that Congress should issue the whole sum, every colony be bound to discharge its proportion, and the united colonies be obliged to pay that part which any colony should fail to discharge. The...
Seite 8 - Delegates appointed by a convention. Massachusetts. " To concert, agree upon, direct and order" (in concert with the delegates of the other colonies) " such further measures as to them shall appear to be best calculated for the recovery and establishment of American rights and liberties, and for restoring harmony between Great Britain and the colonies.
Seite 214 - Speculation, peculation, engrossing, forestalling, with all their concomitants, afford too many melancholy proofs of the decay of public virtue. and too glaring instances of its being the interest and desire of too many, who would wish to be thought friends, to continue the war. Nothing, I am convinced, but the depreciation of our currency, proceeding in a great measure from the foregoing causes, aided by stockjobbing and party dissensions, has fed the hopes of the enemy and kept the British arms...

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