Free and Discounted Ebooks
Join 130,000 readers! Get our ebook deals straight to your inbox.

State of the Union


Cover image for


Published: 1880
Language: English
Wordcount: 34,250 / 111 pg
Flesch-Kincaid Reading Ease: 24.3
LoC Category: J
Downloads: 311 3404
Genre: Politics

he United States to pay their bonded debt in coin. That act was accepted as a pledge of public faith. The Government has derived great benefit from it in the progress thus far made in refunding the public debt at low rates of interest. An adherence to the wise and just policy of an exact observance of the public faith will enable the Government rapidly to reduce the burden of interest on the national debt to an amount exceeding $20,000,000 per annum, and effect an aggregate saving to the United States of more than $300,000,000 before the bonds can be fully paid.

In adapting the new silver coinage to the ordinary uses of currency in the everyday transactions of life and prescribing the quality of legal tender to be assigned to it, a consideration of the first importance should be so to adjust the ratio between the silver and the gold coinage, which now constitutes our specie currency, as to accomplish the desired end of maintaining the circulation of the two metallic currencies and keeping up the volume of



Join 120,000+ fellow readers! Get Free eBooks and book bargains from ManyBooks in your inbox. 

We respect your email privacy

login | register

User ID


reset password

Author of the Day

Serenity Woods
Besides writing great romance novels, Serenity Woods enjoys juggling, archaeology and celebrating Christmas next to the pool. She lives in the sub-tropical Northland of New Zealand with her husband and teenage son and likes to write books about everyday people, with the issues that affect them. As our author of the day, Woods talks about her Christmas Boxset, Three Wise Men, why she is not a fan of alpha males and reveals what readers can expect from her pen next.
Read full interview...