Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint, Volume 2

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Page 144 - I have the honor to be, very respectfully, Sir, • Your obedient servant, WM. H, CRAWFORD. To the Honorable JOHN W. TAYLOR, Speaker of the House of Representative?. » . r ê Ip obedience to the directions of the " Act supplementary to the act to establish the Treasury Department," the Secretary of the Treasury respectfully submits the following report: 1.
Page 77 - ... the payment of the interest and the redemption of the principal of the debt; but in this too much has been conceded.
Page 24 - And be it further enacted, That towards establishing an adequate revenue, to provide for the payment of the. expenses of government; for the punctual payment of the public debt, principal and interest, contracted and to be contracted...
Page 203 - January, 1817, 4,383,71562 ; naval service, including the gradual increase of the navy, 1,776, 989-37; public debt, 3,751,407' 17- The expenditure during the fourth quarter was estimated at 3,894,559 74, viz. civil, diplomatic, and miscellaneous charges, 489, 704-1 1 ; military service, including fortifications, ordnance, Indian department, revolutionary and military pensions, arming the militia, and arrearages prior to the 1st of January, 817,899,449-93; naval service, including the gradual increase...
Page 275 - An Act supplementary to the Act for the indemnification of certain Claimants of Public Lands in the Mississippi Territory
Page 44 - State banks, in all that is necessary for the restoration of credit, public and private. And, acting upon a compound capital, partly of stock and partly of gold and silver, the national bank will be the ready instrument to enhance the value of the public securities, and to restore the currency of the national coin. 4th. The power of the Government to supply and maintain a paper medium of exchange, will not be questioned; but, for the introduction of that medium, there must be an adequate motive.
Page 204 - If such an exchange of stock should be deemed inexpedient or impracticable, a saving of equal, if not greater extent, may be effected in the years 1825, 1826, 1827, and 1828, by borrowing at the rate of...
Page 481 - ... to report such measures as, in his opinion, may be expedient to procure and retain, a sufficient quantity of gold and silver coin in the United States, or to supply a circulating medium, in place of specie, adapted to the exigencies of the country, and within the power of the government :" I have the honor to submit the subjoined report ^nd statements.
Page 387 - March 31, 1814, providing for the indemnification of certain claimants of public lands in the Mississippi Territory...
Page 501 - ... abandonment of paper must produce. It is even probable, as has been before suggested, that, after the price of commodities and of labor shall have fallen, so as to bear a just proportion to the currency which is to be employed in effecting the necessary exchanges, that the currency will continue gradually to appreciate. This, however, is matter of conjecture. It depends entirely upon the fact, whether the annual produce of the mines, after furnishing the quantity necessary for the consumption...

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