The Life and Times of Henry Clay, Volume 2A. S. Barnes, 1846 - Statesmen |
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Page 16
... millions of dol- lars ! All this by state banks . Not a cent was ever lost by a na- tional bank . Verily , experience doth charge high wages . The motives of President Jackson , in vetoing the bank bill of 1832 , will become more and ...
... millions of dol- lars ! All this by state banks . Not a cent was ever lost by a na- tional bank . Verily , experience doth charge high wages . The motives of President Jackson , in vetoing the bank bill of 1832 , will become more and ...
Page 17
... millions of principal , which they owed the bank of the United States , and be themselves wound up in bankruptcy ; or whether they should be allowed to trade on , and pay interest out of the profits of their business , which they could ...
... millions of principal , which they owed the bank of the United States , and be themselves wound up in bankruptcy ; or whether they should be allowed to trade on , and pay interest out of the profits of their business , which they could ...
Page 20
... stee- ples toppled on their bases ; fearful chasms yawned in sight of the terror - stricken multitude ; a continent was rocked ; millions were destroyed ; and a nation was scarcely saved . Nevertheless 20 THE CURRENCY .
... stee- ples toppled on their bases ; fearful chasms yawned in sight of the terror - stricken multitude ; a continent was rocked ; millions were destroyed ; and a nation was scarcely saved . Nevertheless 20 THE CURRENCY .
Page 23
... million , " my opinion , you no doubt know , is in opposition to these banking monopolies ; " so it was well known , that Mr. Van Buren's opinion ran the same way , when , in 1829 , he started afresh the manufacture of banks in the ...
... million , " my opinion , you no doubt know , is in opposition to these banking monopolies ; " so it was well known , that Mr. Van Buren's opinion ran the same way , when , in 1829 , he started afresh the manufacture of banks in the ...
Page 26
... million bo- nus , for private and political objects - had failed . The evidences of this plan are so abundant and notorious , as not to require speci- fication . From the time when this fatal resolution of war on the currency began to ...
... million bo- nus , for private and political objects - had failed . The evidences of this plan are so abundant and notorious , as not to require speci- fication . From the time when this fatal resolution of war on the currency began to ...
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Common terms and phrases
27th Congress administration agent agriculture American labor amount Andrew Jackson authority balance of trade bank bill branch Britain British Buren capital and labor cause cent centum Clay Clay's commercial committee Congress consequence considered constitution cotton currency debt deposites duty effect election England equal established European executive existence exports fact favor feelings foreign free trade freedom friends HENRY CLAY honor hundred important industry interests Jackson Kentucky legislation less locum tenens manufactures measure ment nation necessary never object occasion operation opinion party patriotic political present president principle produce prosperity protective policy purpose question raw material reason removal resolution respect result revenue ruin secretary secure senate session South Carolina specie sub-treasury supply supposed Taney tariff of 1842 taxes things thousand tion treasury twenty-seventh Congress Union United veto vote wealth whig whig party whole
Popular passages
Page 281 - Besides the probate, large fees are demanded for burying him in the chancel ; his virtues are handed down to posterity on taxed marble; and he is then gathered to his fathers, — to be taxed no more.
Page 17 - The Congress, the Executive and the Court must each for itself be guided by its own opinion of the Constitution. Each public officer who takes an oath to support the Constitution swears that he will support it as he understands it, and not as it is understood by others.
Page 281 - The school-boy whips his taxed top — the beardless youth manages his taxed horse, with a taxed bridle on a taxed road ; — and the dying Englishman pouring his medicine, which has paid seven per cent.
Page 96 - States in places in which the said bank and branches thereof may be established shall be made in said bank or branches thereof unless the Secretary of the Treasury shall at any time otherwise order and direct, in which case the Secretary of the Treasury shall immediately lay before Congress, if in session, and, if not, immediately after the commencement of the next session, the reasons of such order or direction.
Page 67 - By the Constitution of the United States the President is invested with certain important political powers, in the exercise of which he is to use his own discretion, and is accountable only to his country in his political character, and to his own conscience. To aid him in the performance of these duties, he is authorized to appoint certain officers who act by his authority and in conformity with his orders.
Page 110 - Resolved, That the President, in the late Executive proceedings in relation to the public revenue, has assumed upon himself authority and power not conferred by the Constitution and laws, but in derogation of both.
Page 41 - In receiving from the people the sacred trust twice confided to my illustrious predecessor, and which he has discharged so faithfully and so well, I know that I can not expect to perform the arduous task with equal ability and success. But united as I have been in his counsels, a daily witness of his exclusive and unsurpassed devotion to his country's welfare, agreeing with him in sentiments which his countrymen have warmly supported, and permitted to partake largely of his confidence, I may hope...
Page 234 - ... laid for the purpose of raising such revenue as may be necessary to an economical administration of the government...
Page 67 - And be. it further enacted, That the deposits of the money of the United States, in places in which the said bank and branches thereof may be established, shall be made in said bank or branches thereof, unless the Secretary of the Treasury shall at any time otherwise order and direct...
Page 271 - I cannot forbear intimating to you the expediency of giving effectual encouragement as well to the introduction of new and useful inventions from abroad, as to the exertions of skill and genius in producing them at home...