Speech of the Hon. Henry Clay, of Kentucky, Establishing a Deliberate Design on the Part of the Late and Present Executive of the United States, to Break Down the Whole Banking System of the United States ...: And to Create on Their Ruins a Government Treasury Bank, Under Exclusive Control of the Executive, and in Reply to ... J. C. Calhoun ... In the Senate ... February 19, 1838Gales and Seaton, 1838 - 32 pages |
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Page 43
... John- son and T. D. Carneal . This debt was gradually reduced , by successive payments , till it now stands at the sum of $ 17,000 due in the month of September , 1829 , for which sum , with interest , Thomas D. Carneal and Benjamin ...
... John- son and T. D. Carneal . This debt was gradually reduced , by successive payments , till it now stands at the sum of $ 17,000 due in the month of September , 1829 , for which sum , with interest , Thomas D. Carneal and Benjamin ...
Page 71
... John Brown 4,000 , 40 Arthur Harper 17,000 170 P. Beck , jr . , trustee 3,500 35 Pa . Ins . Co. - 6,000 60 John Potter - 50,000 500 Arnold Meyers 5,200 52 At Boston 134,000 4,690 C. McLeod Jane R. Roberts 7 E. Marshall H. Binney , et al ...
... John Brown 4,000 , 40 Arthur Harper 17,000 170 P. Beck , jr . , trustee 3,500 35 Pa . Ins . Co. - 6,000 60 John Potter - 50,000 500 Arnold Meyers 5,200 52 At Boston 134,000 4,690 C. McLeod Jane R. Roberts 7 E. Marshall H. Binney , et al ...
Page 99
... John Thomas , pressman in the office of the " Morning Courier and New York Enquirer , " being duly sworn , says that he prints one hundred and forty - four quires of paper , daily , for the Daily Courier and Enquirer , and one hundred ...
... John Thomas , pressman in the office of the " Morning Courier and New York Enquirer , " being duly sworn , says that he prints one hundred and forty - four quires of paper , daily , for the Daily Courier and Enquirer , and one hundred ...
Page 108
... John Laval , 1,000 8 . John Hill , 361 58 July 8 . 9 , H. H Porter , 250 May 10 . J. McKewan , jr . , 293 19 July 10 . Bennett & W. , 1,008 June 9 . 13 , L. Johuson , 431 25 July 12 . 16 , W. Foulke , 6,000 6,000 Septem❜r 19 . John ...
... John Laval , 1,000 8 . John Hill , 361 58 July 8 . 9 , H. H Porter , 250 May 10 . J. McKewan , jr . , 293 19 July 10 . Bennett & W. , 1,008 June 9 . 13 , L. Johuson , 431 25 July 12 . 16 , W. Foulke , 6,000 6,000 Septem❜r 19 . John ...
Page 119
... John Andrews . Question by Mr. McDuffic . Did you ever inform Mr. Whitney that : Thomas Biddle , or Thomas Biddle & Co. , had been in the habit of obtain ing money without interest from the Bank on a deposite of stock ? Answer . I do ...
... John Andrews . Question by Mr. McDuffic . Did you ever inform Mr. Whitney that : Thomas Biddle , or Thomas Biddle & Co. , had been in the habit of obtain ing money without interest from the Bank on a deposite of stock ? Answer . I do ...
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Speech of the Hon. Henry Clay, of Kentucky, Establishing a Deliberate Design ... Henry Clay No preview available - 2015 |
Common terms and phrases
amount Andrew Low Answer April bank notes bills of exchange board of directors Boston branch branch bank Cambreleng capital cash'r Cashier cent charge Charleston charter Chillicothe Cincinnati circulation Clayton commercial committee Congress considered constitution currency dated debt deposites dollars drafts drawer duty endorsed examination favor February funds Government honorable member Hope & Co House hundred institution interest Isaac Hill issued J. W. Webb James Watson Webb January John July June letter loan M. M. Noah March McDuffie McIlvaine ment millions months Nicholas Biddle object October operations opinion Orleans paid paper payable Philadelphia political Portsmouth present purchase Question real estate received recollect resolution revenue Savannah Secretary Senator specie payments statement stockholders subscriber Thomas Biddle Thomas Cadwalader tion transactions Treasury usury Whitney whole York
Popular passages
Page 5 - ... as shall be requisite for its immediate accommodation in relation to the convenient transacting of its business, and such as shall have been bona fide mortgaged to it by way of security, or conveyed to it in satisfaction of debts previously contracted in the course of its dealings, or purchased at sales upon judgments which shall have been obtained for such debts.
Page 5 - The charter of the Bank of the United States expires < in 1836, and its stockholders will most probably apply for a renewal of their privileges. In order to avoid the evils resulting from precipitancy in a measure involving such important principles, and such deep pecuniary interests, I feel that I cannot, in justice to the parties interested, too soon present it to the deliberate consideration of the Legislature and the People.
Page 13 - ... unless you become more watchful in your states, and check this spirit of monopoly and thirst for exclusive privileges, you will, in the end, find that the most important powers of government have been given or bartered away, and the control over your dearest interests has passed into the hands of these corporations.
Page 57 - States, to devise such further provisions as shall appear to them necessary to render the constitution of the federal government adequate to the exigencies of the union...
Page 100 - Representatives passed a resolution, by a vote of 144 yeas to 6 nays, concurring "in the views of the Secretary of the Treasury in relation to the necessity of a contraction of the currency, with a view to as early a resumption of specie payments as the business interests of the country will permit," and pledging "cooperative action to this end as speedily as possible.
Page 14 - Let us, then, bind the republic together with a perfect system of roads and canals.
Page 11 - Western banks, usually called deposits, were already greatly beyond their immediate means of payment, and were rapidly increasing. Indeed, each speculation furnished means for another; for no sooner had one individual or company paid in the notes than they were immediately lent to another for a like purpose, and the banks were extending their business and their issues so largely as to alarm considerate men and render it doubtful whether these bank credits if permitted to accumulate would ultimately...
Page 426 - SUMNER moved to amend the resolution by striking out all after the word " Resolved/' and inserting : The amendment was rejected.
Page 13 - My humble efforts have not been spared, during my administration of the government, to restore the constitutional currency of gold and silver; and something, I trust, has been done towards the accomplishment of this most desirable object.
Page 342 - States, as aforesaid, ought to be collected or received, otherwise than in the legal currency of the United States, or treasury notes, or notes of the bank of the United States...