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The Merchants' Magazine and Commercial Review, Volume 46
William Buck Dana
Visualização completa - 1862
agent American amount appears authority Bank become bills bonds called capital carried caused cent circulation claims coin commerce Congress Constitution continued contract cotton course court currency debt demand Department deposits direct dollars duty effect England established exports fact firm five foreign France fund give given gold hand hanks held hundred imports increase interest issue January July land less loan manufacture March means merchants millions month necessary notes operations paid partnership party passed payment person port present principal production profits quantity question reason receipts received result returns rise Secretary securities ship silver specie steamers supply tender tion trade Treasury United vessels whole York
Página 391 - We admit, as all must admit, that the powers of the government are limited, and that its limits are not to be transcended. But we think the sound construction of the Constitution must allow to the national legislature that discretion, with respect to the means by which the powers it confers are to be carried into execution, which will enable that body to perform the high duties assigned to it, in the manner most beneficial to the people.
Página 105 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Página 274 - She is not afraid of the snow for her household: for all her household are clothed with scarlet.
Página 256 - None knew him but to love him, None named him but to praise.
Página 388 - The wolf also shall dwell with the lamb, and the leopard shall lie down with the kid; and the calf and the young lion and the falling together; and a little child shall lead them.
Página 455 - That the Secretary of the Treasury is hereby authorized to issue, on the credit of the United States, one hundred and fifty millions of dollars of United States notes, not bearing interest, payable to bearer, at the Treasury of the United States...
Página 390 - The Government then of the United States can claim no powers which are not granted to it by the Constitution; and the powers actually granted must be such as are expressly given, or given by necessary implication.
Página 454 - States notes that may be issued under the provisions of this act; and all stocks, bonds, and other securities of the United States held by individuals, corporations, or associations within the United States, shall be exempt from taxation by or under State authority.
Página 391 - The power of creating a corporation, though appertaining to sovereignty, is not, like the power of making war, or levying taxes, or of regulating commerce, a great substantive and independent power, which cannot be implied as incidental to other powers, or used as a means of executing them.
Página 391 - Let the end be legitimate, let it be within the scope of the Constitution, and all means which are appropriate, which are plainly adapted to that end, and which are not prohibited, but are consistent with the letter and spirit of the Constitution, are constitutional.