 | Andrew J. Palm, Henry Randall Waite - Social sciences - 1893 - 842 pages
...discretionary power to redeem treasury notes in either gold or silver money. The law declares the policy to be, to maintain the two metals on a parity with each other upon the present or any future legal ratio.. The present legal ratio is 25.8 grains (23.2 fine) of gold, and 412i grains... | |
 | United States - 1893 - 852 pages
...which, besides declaring them legal tender for Government dues, it is recognized that the maintenance of the two metals on a parity with each other upon the present ratio is the established policy of the United States. This being so, I adhere to the opinion expressed... | |
 | American periodicals - 1894 - 970 pages
...ounces of the silver bought. A declaration was, however, inserted by Senator Sherman, to the effect that it is the "established policy of the United States...legal ratio, or such ratio as may be provided by law." Up to July 1, 1893, the treasury had purchased," under the operation of this law, about 15?,000,000... | |
 | Democratic Congressional Committee (U.S.) - Campaign literature, 1894 - 1894 - 248 pages
...regulations as he may prescribe, redeem sucli notes in gold or silver coin, at his discretion, it being the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law SEC. 3. That the Secretary of the Treasury shall each mouth coin 2,000,000 ounces of silver bullion... | |
 | United States. Congress. House. Committee on Banking and Currency - Currency question - 1894 - 412 pages
...tenders of 1890, that of the act of Congress, 1890, which at the close of section 2 declares it to be "the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law." In the case of the greenbacks, on the other hand, the Government becomes a banker, having borrowed... | |
 | Anson Phelps Stokes - 1894 - 150 pages
...upon this subject." (Applause.) — ExPresident HARRISON — Speech at Indianapolis, April 25, 1894. "The established policy of the United States to maintain...legal ratio or such ratio as may be provided by law." — Act of Congress, November i. 1893. " Whether it [money] be gold or silver or both, or paper based... | |
 | Anson Phelps Stokes - Bimetallism - 1894 - 144 pages
...upon this subject." (Applause.) — ExPresident HARRISON — Speech at Indianapolis, April 25, 1894. "The established policy of the United States to maintain...legal ratio or such ratio as may be provided by law." — Act of Congress, November 1. 1893. " Whether it [money] be gold or silver or both, or paper based... | |
 | Social sciences - 1894 - 722 pages
...regulations as he may prescribe, redeem such notes in gold or silver coin at his discretion, it being the established policy of the United States to maintain...legal ratio or such ratio as may be provided by law. 5. The further declaration of policy in the Act of 1893, which is this : — It is hereby declared... | |
 | Edmund Burke - Books - 1894 - 772 pages
...of the Treasury, and that the said notes may be re-issued. It is, however, declared in the Act to be the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law. This declaration so controls the action of the Secretary of the Treasury as to prevent his exercising... | |
 | Edmund Burke - Books - 1894 - 782 pages
...of the Treasury, and that the said notes may be re-issued. It is, however, declared in the Act to be the established policy of the United States to maintain...legal ratio, or such ratio as may be provided by law. This declaration so controls the action of the Secretary of the Treasury as to prevent his exercising... | |
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... the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law. 
