The Merchants' Magazine and Commercial Review, Volume 63William B. Dana F. Hunt, 1870 - Commerce |
Other editions - View all
Common terms and phrases
amount balance bales bank notes bankers Bills Boston Boutwell canal capital stock cash cent Central certificates Chicago Cincinnati circulation classes coin colonies cotton coupons currency debt bearing interest demand deposits dividends dollars Erie estimated Europe Exchange expenses exports Fargo & Co foreign France freight gold Government greenbacks gross earnings House important increase Island issued July June June 30 labor land legal tender less loan Matured ment miles millions Milwaukee & St Milwaukee and St Missouri Missouri River month national banks North north island Ohio operation Pacific Railroad paid passengers payable payment population ports pref preferred stock premium present profits Prussia Railroad Company railway receipts received revenue River road scrip securities sinking fund Sioux City statement stockholders tion Total trade Treasury United Wednesday Western York
Popular passages
Page 406 - ... all compensation for services rendered for the government shall be applied to the payment of said bonds and interest until the whole amount is fully paid.
Page 377 - They authorize officers or persons to bring vessels hovering within three marine miles of any of the coasts, bays, creeks, or harbors of Canada into port, to search the cargo, to examine the master on oath touching the cargo and voyage, and to inflict upon him a heavy pecuniary penalty if true answers are not given ; and if such a vessel is found "preparing to fish...
Page 378 - ... of the United States have no right to enter the open ports of the British possessions in North America, except for the purposes of shelter and repairing damages, of purchasing wood and obtaining water; that they have no right to enter at the British custom-houses or to trade there except in the purchase of wood and water, and that they must depart within twentyfour hours after notice to leave. It is not known that any seizure of a fishing vessel carrying the flag of the United States has been...
Page 377 - ... the colonial authority known as the Dominion of Canada, and this semi-independent but irresponsible agent has exercised its delegated powers in an unfriendly way. Vessels have been seized without notice or warning, in violation of the custom previously prevailing, and have been taken into the colonial ports, their voyages broken up, and the vessels condemned.
Page 381 - I would sum up the policy of the Administration to be a thorough enforcement of every law; a faithful collection of every tax provided for; economy in the disbursement of the same; a prompt payment of every debt of the nation; a reduction of taxes as rapidly as the requirements of the country will admit; reductions of taxation and tariff, to be so arranged as to afford the greatest relief to the greatest number...
Page 16 - The difficulty of attainment which determines value, is not always the same kind of difficulty. It sometimes consists in an absolute limitation of the supply. There are things of which it is physically impossible to increase the quantity, beyond certain narrow limits.
Page 16 - That a thing may have any value in exchange, two conditions are necessary. It must be of some use; that is (as already explained) it must conduce to some purpose, satisfy some desire. No one will pay a price, or part with anything which serves some of his purposes, to obtain a thing which serves none of them. But, secondly, the thing must not only have some utility...
Page 27 - on two points ; first, that there are about 20 large colonies in London, of about 10,000 persons each, whose miserable condition exceeds almost anything he has seen elsewhere in England...
Page 377 - In the waters not included in the limits named in the convention (within three miles of parts of the British coast) it has been the custom for many years to give to intruding fishermen of the United States a reasonable warning of their violation of the technical rights of Great Britain.
Page 341 - ... of bonds of the United States described in the act of Congress approved July 14, 1870, entitled "An act to authorize the refunding of the national debt...