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Страница 27 - The loss which America has sustained since the peace, from the pestilent effects of paper money on the necessary confidence between man and man ; on the necessary confidence in the public councils ; on the industry and morals of the people, and on the character of republican government, constitutes an enormous debt against the states, chargeable with this unadvised measure, which must long remain unsatisfied ; or rather an accumulation of guilt, which can be expiated no otherwise than by a voluntary...
Страница 27 - ... unadvised measure, which must long remain unsatisfied; or rather an accumulation of guilt, which can be expiated no otherwise than by a voluntary sacrifice on the altar of justice of the power which has been the instrument of it. In addition to these persuasive considerations, it may be observed that the same reasons which show the necessity of denying to the states the power of regulating coin...
Страница 54 - An act to appropriate the proceeds of the sales of the public lands and to grant pre-emption rights...
Страница 27 - ... themselves. The subjects of foreign powers might 'suffer from the same cause, and hence the union be discredited and embroiled by the indiscretion of a single member. No one of these mischiefs is less incident to a power in the states to emit paper money, than to coin gold or silver. The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the states, on the same principle with that of issuing a paper currency.
Страница 27 - ... effects of paper money on the necessary confidence between man and man ; on the necessary confidence in the public councils ; on the industry and morals of the people, and on the character of republican government, constitutes an enormous debt against the states, chargeable with this unadvised measure, which must long remain unsatisfied ; or rather an accumulation of guilt, which can be expiated no otherwise than by a voluntary sacrifice on the altar of justice, of the power which has been the...
Страница 64 - Resolved, That our Senators in Congress be instructed, and our Representatives requested, to introduce and vote for a bill to repeal an Act entitled ' an Act respecting fugitives from justice and persons escaping from the service of their masters...
Страница 26 - Congress shall have power to coin money, regulate the value thereof, and of foreign coin; but no State shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts.
Страница 55 - That the Governor of this State be requested to forward a copy of the foregoing preamble and resolutions to the...
Страница 55 - That our senators in Congress be, and they are hereby instructed and our representatives requested: — " 1st. To oppose the passage of any act for the government of New Mexico and California, or any other Territory now belonging to the United States...
Страница 27 - ... of coin. Had every State a right to regulate the value of its coin, there might be as many different currencies as States, and thus the intercourse among them would be impeded; retrospective alterations in its value might be made, and thus the citizens of other States be injured, and animosities be kindled among the States themselves. The subjects of foreign powers might suffer from the same cause, and hence the Union be discredited and embroiled by the indiscretion of a single member. No one...

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