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" ... rendered the general medium of exchange, it devolves on the wisdom of congress, to provide a substitute, which shall equally engage the confidence, and accommodate the wants, of the citizens throughout the Union. If the operation of the State banks... "
The Merchants' Magazine and Commercial Review - Sida 305
1843
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A Compilation of the Messages and Papers of the Presidents, 1789-1897: 1789-1817

United States. President - 1897 - 646 sidor
...wants of the citizens throughout the Union. If the operation of the State banks can not produce.this result, the probable operation of a national bank...issued upon motives of general policy as a common medinm of circulation. Notwithstanding the security for future repose which the United States ought...
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A Compilation of the Messages and Papers of the Presidents, 1789-1897, Volym 1

United States. President, James Daniel Richardson - 1897 - 638 sidor
...become necessary to ascertain the terms upon which the notes of the Government (no longer required as au instrument of credit) shall be issued upon motives of general policy as a common medinm of circulation. Notwithstanding the security for future repose which the United States ought...
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The Writings of James Madison: 1808-1819

James Madison - 1908 - 484 sidor
...accommodate the wants of the citizens throughout the Union. If the operation of the State banks can not produce this result, the probable operation of a national...general policy as a common medium of circulation. Notwithstanding the security for future repose which the United States ought to find in their love...
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A History of Banking in the United States

John Jay Knox - 1900 - 994 sidor
...upon which the notes of the Government (no longer required as an instrument of credit) shall !«• issued upon motives of general policy, as a common medium of circulation." It will be observed that now the President asks legislation, not for time of war, but to provide for...
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The Writings and Speeches of Daniel Webster: Speeches in Congress, etc

Daniel Webster - 1903 - 336 sidor
...was one of these. In his annual message of the 5th of December, 1815, he says : — " The arrangement of the finances, with a view to the receipts and expenditures...general policy, as a common medium of circulation." Here, Sir, is the express recommendation to Congress to provide a " NATIONAL CURRENCY," a paper currency,...
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History of Coinage and Currency in the United States and the ..., Volym 10

Alonzo Barton Hepburn - 1903 - 696 sidor
...could not supply a uniform national currency, a national bank might ; if neither could, it might " become necessary to ascertain the terms upon which...general policy, as a common medium of circulation." The exigency must have been great indeed to produce such a change of views since the days when he sat...
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The Legal Tender Problem

Percy Kinnaird - 1904 - 346 sidor
...accommodate the wants of the citizens throughout the Union. " If the operation of the State banks can not produce this result, the probable operation of a national...general policy as a common medium of circulation." This classification of Mr. Madison that, while the country was awaiting the return of gold and silver,...
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The Writings of James Madison: 1808-1819

James Madison - 1908 - 488 sidor
...accommodate the wants of the citizens throughout the Union. If the operation of the State banks can not produce this result, the probable operation of a national...general policy as a common medium of circulation. Notwithstanding the security for future repose which the United States ought to find in their love...
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Through Five Administrations: Reminiscences of Colonel William H. Crook ...

William Henry Crook - 1910 - 316 sidor
...probable operation of a national bank will merit consideration ; and if neither of these expedients b« deemed effectual, it may become necessary to ascertain...general policy, as a common medium of circulation." Here, Sir, is the express recommendation to Congress to provide a " NATIONAL CURRENCY," a paper currency,...
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The Dragon's Teeth: A Mythological Prophesy

Thomas Mitchell Sample - 1911 - 356 sidor
...furnish a uniform national currency, a national bank might do so ; and that if neither could, "it might become necessary to ascertain the terms upon which...general policy, as a common medium of circulation." The exigency must have been great to have wrought this radical change in Madison's views. The general...
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