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Страница 5
... Banks and Incorporations , 4 - Report of the Committee of Ways and Means , in re- lation to the re - issue of state scrip , 5 - Report of the Judiciary Committee , upon the legality of the settlement with the Michigan State Bank , 6 ...
... Banks and Incorporations , 4 - Report of the Committee of Ways and Means , in re- lation to the re - issue of state scrip , 5 - Report of the Judiciary Committee , upon the legality of the settlement with the Michigan State Bank , 6 ...
Страница 10
... bank , for over twenty thousand dollars ; and the object of some of the letters addressed to the state treasurer , appears to be to induce the state to go forward , assume the payment of the claims of the attaching creditors , and thus ...
... bank , for over twenty thousand dollars ; and the object of some of the letters addressed to the state treasurer , appears to be to induce the state to go forward , assume the payment of the claims of the attaching creditors , and thus ...
Страница 13
... bank of Pennsylvania , of its portion of the five million loan . No such securities seem to have been sought or obtained under that loan , from that institution , the late treasurer deeming that portion of the loan safe , and not then ...
... bank of Pennsylvania , of its portion of the five million loan . No such securities seem to have been sought or obtained under that loan , from that institution , the late treasurer deeming that portion of the loan safe , and not then ...
Страница 23
... bank of Michi- gan ; and all can see , that an instant collection of the debts due to that bank alone , would be attended with great distress and great loss to the people , without any benefit to the creditors of the bank ; nay , a ...
... bank of Michi- gan ; and all can see , that an instant collection of the debts due to that bank alone , would be attended with great distress and great loss to the people , without any benefit to the creditors of the bank ; nay , a ...
Страница 25
... bank note paper , treasury notes , commonly call- ed state scrip , in sums of one , two , five and ten dollars , to the amount of $ 335,910 , in anticipation of certain instalments of the five million loan . These notes , duly numbered ...
... bank note paper , treasury notes , commonly call- ed state scrip , in sums of one , two , five and ten dollars , to the amount of $ 335,910 , in anticipation of certain instalments of the five million loan . These notes , duly numbered ...
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00 John Alexander D amount attached banking company beg leave believe Berrien bill binding Bush canal and banking Carried forward Central railroad cents Chairman charge circuit citizens commissioners completed congress constitution creditors Dawson & Bates debt deem Detroit discharged duties ensigns of command Erie railroad examination expense five million loan Fraser Free Press fund geologist governor Grand river hands Holbrook honor House of Representatives hundred interests internal improvement iron January John McPherson Berrien JOHN NORVELL joint resolution judges judiciary Kalamazoo rivers lake Lake Erie legislation legislature Lucius Lyon measures Michigan Mizner Morris canal mutilation neral office of reporter opinion paper party payment petition Plaisance bay poor portion present principles printed notice provisions received referred relation repeal Resolved respectfully River Raisin road salt springs secure Select Committee senator Southern railroad submitted superintendent supreme court tion tokens treasury notes whole witness
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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...