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Home > Art, Film & Photography > Speeches and Addresses of Hon. J. H. Walker, of Massachusetts, Ten Years Member Of, Eight Years First Republican Named On, and Four Years Chairman of Committee on Banking and Currency, National House of Representatives 1889-99 Volume 5
Speeches and Addresses of Hon. J. H. Walker, of Massachusetts, Ten Years Member Of, Eight Years First Republican Named On, and Four Years Chairman of Committee on Banking and Currency, National House of Representatives 1889-99 Volume 5

Speeches and Addresses of Hon. J. H. Walker, of Massachusetts, Ten Years Member Of, Eight Years First Republican Named On, and Four Years Chairman of Committee on Banking and Currency, National House of Representatives 1889-99 Volume 5


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1899 Excerpt: ...of doing, in the nature of the case, always subject to the approval of the Comptr iller. Under the Walker bill the one kind of bank note provided for, paid ont by any bank anywhere will naturally, immediately, and instantly, after it has done its work, find its way back to the bauk that issues it as a letter dropped in the post-office in any hamlet finds its way to its destination. Each bank bill will find its way back to the bank that issues it in precisely the same way and in the same package with the check, draft, bill of exchange, or other money obligation issued by the same bank after it or they have done their work and at a tithe of the expense in time and money of the Hill-Fowler plan. It never will occur to anyone to ask what they are redeemed in. They will be redeemed in " bank funds" that all banks agree on and that maintain parity, or all banks will incur the penalty tax. UNREASONABLE USE OF GOLD IN HILL-FOWLER BILL. The framers of the Hill-Fowler bill see only gold in our monetary system. They see little in it to preserve to the people who made it. They do not hesitate to assume the duties and exercise the right of the Committee on Coinage, Weights, and Measures. They demonetize silver. They destroy the United States legal-tender notes. They reverse the policy of the country, not only as to gold and silver, but as to paper money, adding two more kinds to the present bank-note money. They remove the guarantee of the Government from a large part of the bank money used by the people. There is not the slightest excuse for such radical measures. In the Walker bill there can not be found a section, a paragraph, a clause, a line, or a word that makes the slightest discrimination between any two of the various forms of our coin and paper money...


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Product Details
  • ISBN-13: 9781130253573
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 98
  • Spine Width: 5 mm
  • Width: 189 mm
  • ISBN-10: 1130253570
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 191 gr


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Speeches and Addresses of Hon. J. H. Walker, of Massachusetts, Ten Years Member Of, Eight Years First Republican Named On, and Four Years Chairman of Committee on Banking and Currency, National House of Representatives 1889-99 Volume 5
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Speeches and Addresses of Hon. J. H. Walker, of Massachusetts, Ten Years Member Of, Eight Years First Republican Named On, and Four Years Chairman of Committee on Banking and Currency, National House of Representatives 1889-99 Volume 5
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