The True Greenback: Or the Way to Pay the National Debt Without Taxes, and Emancipate Labor |
From inside the book
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Page 3
... interest , in denomi- nations of one , two , three , five , ten , twenty , fifty , one hundred , five hundred , and ... rate of three per centum per annum , pay- able semi - annually in the Treasury certificates or lawful money authorized by ...
... interest , in denomi- nations of one , two , three , five , ten , twenty , fifty , one hundred , five hundred , and ... rate of three per centum per annum , pay- able semi - annually in the Treasury certificates or lawful money authorized by ...
Page 7
... rate of interest the governing power in the distribution to capital and labor , showing that the present rates are greatly in excess of the increase in the national wealth , and consequently oppressive and unjust to the producing ...
... rate of interest the governing power in the distribution to capital and labor , showing that the present rates are greatly in excess of the increase in the national wealth , and consequently oppressive and unjust to the producing ...
Page 8
... cost of its production . For instance : one man , by good management , may build a mill at a cost of ten thousand ... interest ; and power to exchange value . These properties or powers are inherent in no natural substance and must be ...
... cost of its production . For instance : one man , by good management , may build a mill at a cost of ten thousand ... interest ; and power to exchange value . These properties or powers are inherent in no natural substance and must be ...
Page 9
... INTEREST . This power would seem to be essential to its existence , for no one would exchange productive property for money if it did not represent production . The rate or amount of interest that the dollar commands determines its ...
... INTEREST . This power would seem to be essential to its existence , for no one would exchange productive property for money if it did not represent production . The rate or amount of interest that the dollar commands determines its ...
Page 10
... interest fixed at a just rate , it is fitted to perform the function of money which is the equitable exchange of property . All goods , wares and merchandise , although they may be exchanged for money a number of times , soon find a ...
... interest fixed at a just rate , it is fitted to perform the function of money which is the equitable exchange of property . All goods , wares and merchandise , although they may be exchanged for money a number of times , soon find a ...
Other editions - View all
The True Greenback: Or the Way to Pay the National Debt Without Taxes, and ... No preview available - 2020 |
The True Greenback, Or the Way to Pay the National Debt: Without Taxes, and ... A. Campbell No preview available - 2017 |
The True Greenback; Or the Way to Pay the National Debt Without Taxes, and ... Alexander Campbell No preview available - 2013 |
Common terms and phrases
amount annum banking association billion eight hundred billion four hundred billion one hundred billion six hundred billion two hundred bondholders capital and labor capital's share capitalists circulating notes coin Congress continental currency distribution dollars per capita eight per cent equal exchange five hundred million five hundred thousand five per cent gold government bonds government securities hundred and thirty-three hundred million dollars hundred thousand dollars increase industrial classes interest on money interest-bearing bonds issued labor between non-producing lawful money legal tender million five hundred million three hundred monetary system national debt national wealth non-producing capital one-ninth per cent one-third per cent payment power of money present principle producing classes productive industry products of labor rate of interest render six hundred million six per cent sixty million dollars surplus products tax-payers taxes three and one-third three per cent Treasury certificates twelve billion six twenty United value of money wealth-producing classes
Popular passages
Page 4 - In order to furnish suitable notes for circulation as Federal Reserve notes, the Comptroller of the Currency shall, under the direction of the Secretary of the Treasury...
Page 42 - ... shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority...
Page 4 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Page 3 - ... receivable in payment of all taxes, internal duties, excises, debts and demands of every kind due to the United States, except duties on imports, and of all claims and demands against the United States of every kind whatsoever, except for interest upon bonds and notes, which shall be paid in coin, and shall also be lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 31 - We hold that this can be effected by the issue of treasury notes made a legal tender in the payment of all debts, public and private, and convertible, at the option of the holder, into government bonds, bearing a just rate of interest, sufficiently below the rate of...
Page 4 - An act to authorize the issue of United States notes and for the redemption or funding thereof, and for funding the floating debt of the United States...
Page 30 - So the first man who ever imbibed or conceived the fatal delusion that it was more advantageous to him, or to any human being, to procure whatever his necessities or his appetites required by address and scheming than by honest work — by the unrequited rather than the fairly and faithfully recompensed toil of his...
Page 5 - States legal tender notes. And when any of said notes may be redeemed or be received into the Treasury under any law from any source whatever and shall belong to the United States, they shall not be retired...
Page 20 - ... reverse the course of the rivers, and make them run to the tops of the mountains, and pile up the waters on their summits. The law of gravitation, in the latter case, would not be more sure to overpower all their labor, and frustrate all their plans, than the present governing power of the interest on money is sure to gather up the increased production and add it to the wealth of capitalists.
Page 3 - Minister, after the amount at the credit of such bank in the Circulation Fund, and all interest due or accruing due thereon, has been exhausted, shall bear interest, at the rate of three per centum per annum, from the time such notes and interest are paid until such notes and interest are repaid to the Minister by or out of the assets of such bank.