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

State of the Union

1877--1880

Cover image for

Download


Published: 1880
Language: English
Wordcount: 34,250 / 111 pg
Flesch-Kincaid Reading Ease: 24.3
LoC Category: J
Downloads: 310
mnybks.net#: 3404
Genre: Politics
Excerpt

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

SUBSCRIBE TO MANYBOOKS 

FREE EBOOKS 

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

We respect your email privacy

(advanced)
login | register

User ID

Password

reset password

Author of the Day

WJ Lundy
As a still-serving military veteran, WJ Lundy has over 15 years of combined service with the Army and Navy in Europe, the Balkans and Southwest Asia. He is also the author of the very successful WTF series, in which Lundy applies his military experience to paint action-packed, realistic scenes in a post-apocalyptic world where zombies roam the lands. Today, Lundy chats with us about his Escape omnibus, how he wrote his first novel in a notebook in Afghanistan and why his zombies are scarier than most.
Read full interview...