Journal: 1st-13th Congress. Repr. . 14th Congress, 1st Session-50th Congress, 1st Session, Volume 1

Front Cover
 

Selected pages

Other editions - View all

Common terms and phrases

Popular passages

Page 27 - A disordered currency is one of the greatest political evils. It undermines the virtues necessary for the support of the social system, and encourages propensities destructive of its happiness. It wars against industry, frugality, and economy, and it fosters the evil spirits of extravagance and speculation.
Page 399 - States notes shall be convertible into coin at the option of the holder, or unless at such time bonds of the United States bearing a lower rate of interest than the bonds to be redeemed can be sold at par in coin. And the United States also solemnly pledges its faith to make provision at the earliest practicable period for the redemption of the United States notes in coin.
Page 313 - An act to provide a National currency, secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof," approved June third, eighteen hundred and sixty-four.
Page 264 - Vermont; which was read the first and second times by unanimous cousent, and considered as in Committee of the Whole; and, no amendment being made, it was reported to the Senate.
Page 25 - It may be assumed that the holders of our securities have already received upon their bonds a larger amount than their original investment, measured by a gold standard. Upon this statement of facts, it would seem but just and equitable that the six per cent, interest now paid by the Government should be applied to the reduction of the principal in semi-annual instalments, which in sixteen years and eight months would liquidate the entire national debt.
Page 280 - Senate; which was read the first and second times by unanimous consent, and considered as in Committee of the Whole; and no amendment being made, it was reported to the Senate. Ordered, That the resolution be engrossed and read a third time.
Page 413 - Indian health care, and for other purposes, having met, after full and free conference, have agreed to recommend and do recommend to their respective Houses as follows: That the Senate recede from its disagreement to the amendment of the...
Page 337 - An act to provide for the better security of the lives of passengers on board of vessels propelled in whole or in part by steam...
Page 53 - ... in a fraction less than seventeen years. This, in connection with all the other advantages derived from their investment, would afford to the public creditors a fair and liberal compensation for the use of their capital, and with this they should be satisfied.
Page 33 - ... the conviction is rapidly gaining ground in the American mind that, with the increased facilities for intercommunication between all portions of the earth, the principles of free government, as embraced in our Constitution, if faithfully maintained and carried out, would prove of sufficient strength and breadth to comprehend within their sphere and influence the civilized nations of the world.

Bibliographic information