Congressional Serial Set, Tema 578U.S. Government Printing Office, 1849 |
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Página 108
... nearly four hundred thous dollars . Causes beyond the control of the banks have produced this sult ; and one more prominent perhaps than any other , is the par valu their bills in Boston , and the near proximity to it in New York , whic ...
... nearly four hundred thous dollars . Causes beyond the control of the banks have produced this sult ; and one more prominent perhaps than any other , is the par valu their bills in Boston , and the near proximity to it in New York , whic ...
Página 112
... nearly one half of the capital stock of banks in this State is held by the State school fund , school , ecclesiastical and other societies , and in trust fo minors and others , and females , and a large portion of the balance is hel by ...
... nearly one half of the capital stock of banks in this State is held by the State school fund , school , ecclesiastical and other societies , and in trust fo minors and others , and females , and a large portion of the balance is hel by ...
Página 137
... nearly twelve years ' experience , and may now be regarded as firmly established in public estimation , as the basis of all future legislation on the subject of banking . The plan originally introduced by the general banking law of 1838 ...
... nearly twelve years ' experience , and may now be regarded as firmly established in public estimation , as the basis of all future legislation on the subject of banking . The plan originally introduced by the general banking law of 1838 ...
Página 145
... nearly twelve millions of produc- tive securities , the receipt and transmission of money to an enormous amount , and daily transactions of the utmost importance to the banks and the public . The comptroller would deem it unwarrantable ...
... nearly twelve millions of produc- tive securities , the receipt and transmission of money to an enormous amount , and daily transactions of the utmost importance to the banks and the public . The comptroller would deem it unwarrantable ...
Página 254
... nearly $ 417,000 . From the examination of the annexed documents , we hope that your honorable body will come to the conclusion that we have exercised with due vigilance that supervision which was intrusted to us by the acts of 1842 ...
... nearly $ 417,000 . From the examination of the annexed documents , we hope that your honorable body will come to the conclusion that we have exercised with due vigilance that supervision which was intrusted to us by the acts of 1842 ...
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Términos y frases comunes
00 April 00 Bills 00 October amygdaloid Austrian balances due Bank of Kentucky banks incorporated banks on credit banks on demand banks on hand bearing interest beds belt Bills in circulation Board of Currency Bonds and mortgages boulders calc-spar Carp river Cash deposited Cash items cent chlorite cliffs conglomerate consuls Copper Harbor County Bank debts due December dividend drift Due from solvent Due from suspended east epidote Estimated value feet fissures florins greenstone honor hornblende island Isle Royale January Keweenaw Point Lake Superior Loans and discounts lode mass metals miles mineral mines Montreal river native copper Notes in circulation November Number Number of banks observed Ontonagon Ontonagon river porphyry Portage Portage lake portion profits on hand quartz Real estate ridge river rock sandstone shaft shore silver solvent banks Specie surface suspended banks tion tobacco Total amount township Trieste United vein Vienna width
Pasajes populares
Página 5 - The groves were God's first temples. Ere man learned To hew the shaft, and lay the architrave, And spread the roof above them — ere he framed The lofty vault, to gather and roll back The sound of anthems ; in the darkling wood, Amid the cool and silence, he knelt down, And offered to the Mightiest solemn thanks And supplication.
Página 9 - To the House of Representatives of the United States: I herewith transmit to the House of Representatives a report of the Secretary of State, with accompanying papers,* in answer to its resolution of the 28th of March last.
Página 127 - State have sold is ninety-two eighty-six one-hundredths per cent., or ninety-two dollars and eighty-six one-hundredths for every hundred dollars of stock. This shows that a six per cent, stock, such as is now required, would doubtless have sold at par, and the bill-holder would have received dollar for dollar for the circulation. " Should the country remain at peace, it can not be doubted that the stocks of the United States will be a safe and adequate security. The Comptroller would therefore recommend...
Página 126 - The Legislature shall have no power to pass any act granting any special charter for banking purposes; but corporations or associations may be formed for such purposes under general laws.
Página 127 - ... the community. It is believed to be wholly inadequate for the object intended. " The Comptroller believes that the safest way to make a sound paper currency, is to have at all times ample security for its redemption in the possession of the State. In order to make this security ample, it should be not only sufficient in amount, but should be of such a nature that it may be readily converted into cash without loss.
Página 126 - ... this currency, so far as it consists of paper or credit, is an exclusive privilege granted by the State, and the State should take care that in granting it the people are secured from imposition and loss. Any man may receive deposits, or discount a note, or loan money, or draw a bill of exchange. These, it is admitted, are banking operations. But they are open to all. Those who engage in them enjoy no exclusive privilege. But not so with those who are authorized to issue bank notes to circulate...
Página 43 - ... lakes are subject to any movements corresponding to tidal action. The result of these observations had convinced him that these waters do not rise and fall at stated periods, corresponding to the ebb and flow of the tide, but are subject to extraordinary risings, which are independent of the influence of the sun and moon. These risings attracted the attention of the earliest voyageurs in these regions. Charlevoix, who traversed the lakes nearly a century ago, says, in reference to Lake Ontario,...
Página 126 - But there was an attendant evil th^t in the opinion of many outweighed the good. The practice of granting exclusive privileges to particular individuals invited competition for these legislative favors. They were soon regarded as part of the spoils belonging to the victorious party, and were dealt out as rewards for partisan services. This practice became so shameless and corrupt that it could be endured no longer, and in 1838 the legislature sought a remedy in the general banking law.
Página 113 - ... which occurs about a quarter of a mile to the north, it seems evident that the limestone overlies -the sandstone, although the position of the inclined beds of the more southerly portion of the limestone is at first difficult to explain, since the surrounding country is low and level, and underlaid by sandstone in horizoatal beds.
Página 183 - It is difficult to determine its average thickness, from the fact that, in many places where it is highly developed, it sinks below the waters of the lake, and in other cases, where its base is visible, its top has been partly washed away. There are, however, some places (for example, at the western portion of the Grand Sable) where it may be...