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Abridgment of the Debates of Congress, from 1789 to 1856 Volume 12 (Paperback) Loot Price: R136 Discovery Miles 1 360
Abridgment of the Debates of Congress, from 1789 to 1856 Volume 12 (Paperback): Us Government, United States Congress
Abridgment of the Debates of Congress, from 1789 to 1856 Volume 12 (Paperback): Us Government, United States Congress

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Abridgment of the Debates of Congress, from 1789 to 1856 Volume 12 (Paperback)

Us Government, United States Congress

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Loot Price R136 Discovery Miles 1 360

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1859 edition. Excerpt: ...the exchange committee to negotiate with the public creditors. Soon after this, the Treasury announced its intention to pay a portion of them in July. The president of the bank visited Washington, and made a positive arrangement with the Government to pay a part on the 1st of October, and the remainder on the 1st of January; the bank assuming a quarter's interest on a portion of them. Alter this arrangement had been made, without the knowledge of the Treasury, of the Government directors, or even of the board, an agent was despatched to England to negotiate with the holders of the three per cents, to the extent of five millions, to postpone the payment for twelve months, and conditionally for a further term. Was no stipulation violated? Why, sir, let me put a case to the gentleman from South Carolina. Suppose he had contracted with his Removed of the Depotiit. January, 1834. factor at Augusta to receive his moneys and pay his debts; suppose that, in March, 1832, he had announced to his factor that he owed a debt of ten thousand dollars, which he wished him to pay, a part on the 1st of July, and the remainder on the 1st of October. The factor visits Edgefield, states to him that he had loaned the money to his customers, and that he should be obliged to distress them if he withdrew it at so early a period. He, however, makes an arrangement to pay the amount in October and January. After this, and without the knowledge of the gentleman from South Carolina, suppose the factor should go to the holder of the note, and arrange with him to postpone the payment for twelve months at three per cent, interest, while he would continue to loan the money of his employer to his customers at six. Now, suppose the gentleman from South Carolina should...

General

Imprint: Rarebooksclub.com
Country of origin: United States
Release date: 2013
First published: 2013
Authors: Us Government • United States Congress
Dimensions: 246 x 189 x 40mm (L x W x T)
Format: Paperback - Trade
Pages: 102
ISBN-13: 978-1-234-04605-7
Barcode: 9781234046057
Categories: Books
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LSN: 1-234-04605-9

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