The question of the continuance of the subtreasury system is respectfully submitted to the wisdom of Congress. ❋ United States. Presidents. (N/A)
The subtreasury system rejected the last in any form, and as it was believed that no reliance could be placed on the issues of local institutions for the purposes of general circulation it necessarily and unavoidably adopted specie as the exclusive currency for its own use; and this must ever be the case unless one of the other kinds be used. ❋ United States. Presidents. (N/A)
Heading these were the monetary planks: "a national currency, safe, sound, and flexible, issued by the general Government poly, a full legal tender for all debts," with the subtreasury system of loans "or a better system; free and unlimited coinage of silver and gold at the present legal ratio of sixteen to one"; and an increase in the circulating medium until there should be not less than $50 per capita. ❋ Unknown (1923)
In case they did not the papers would doubtless be destroyed -- and the charges would continue to be made -- the charges that the subtreasury in New York had shipped the gold to aid the revolutionary junta in making a republic of China. ❋ Unknown (1909)
The United States Bank, of which Nicholas Biddle was the progenitor, had gone completely in 1841, and the United States Treasury with its subtreasury system had come in 1846; but still there were many, many wildcat banks, sufficient in number to make the average exchange-counter broker a walking encyclopedia of solvent and insolvent institutions. ❋ Theodore Dreiser (1908)
National Provisions Company, and went out preaching fiat money and a subtreasury for the farmers 'crops, trusting to God and the flower garden about his little white house, to keep the family alive -- it is odd that Jeanette's childish impression was that General Ward was a man of consequence in the world. ❋ William Allen White (1906)
While the Whig and Democratic parties differed in regard to a bank, the tariff distribution, the specie circular, and the subtreasury, they agreed on the great slavery question which now agitates the Union. ❋ Unknown (1906)
After the oath of office had been administered (on the spot where now stands the statue of Washington in front of the subtreasury building), Washington and the other officials withdrew to the Senate-chamber in Federal Hall, where he delivered this address. ❋ Unknown (1906)
We'll pool issue, and say, we'll make those Federal Oil pikers think we've gnawed a corner off the subtreasury. ❋ Harry Leon Wilson (1903)
While the Whig and Democratic parties differed in regard to a bank, the tariff, distribution, the specie circular and the subtreasury, they agreed on the great slavery question which now agitates the Union. ❋ Unknown (1897)
Maybe we had the heir to a subtreasury panting to join us and maybe his freckles were his fortune. ❋ George Fitch (1896)
It was proposed, therefore, that the government should establish a number of subtreasury or money-loaning stations in each state, at which the farmers could borrow money from the government (at two per cent interest), giving as security non-perishable farm produce. \% 552. ❋ John Bach McMaster (1892)
When the war loan was announced he was the first man at the door of the subtreasury in New York waiting to make payment over the counter of all the money he had been able to collect without business disaster. ❋ Unknown (1879)
This volume contains President Van Buren's message recommending the independent treasury or subtreasury, and the discussion of that subject, which terminated in what has been termed "the divorce of the bank and state in the fiscal affairs of the Federal Government," and which ❋ Unknown (1878)
For instance, in the present case, the cause or seat of our existing and very manifest social, political and financial disturbances is attributed as of course to some peculiarity of legislation, either a subtreasury bill passed in the administration of General Jackson, or a tariff bill passed in the administration of Mr. Taft, or the demonetization of silver in the Hayes period, -- that "Crime of the Century," the ❋ Charles Francis Adams (1875)
If by command of the President a company of troops were marched into this city to protect the subtreasury from threatened pillage, and in so doing life were taken, would not the act of the officer who commanded the troops be an act done in pursuance of the laws of the United States, and in the lawful exercise of its authority? ❋ Stephen Johnson Field (1857)
In all these cases the authority vested in the officer to suppress a mutiny, or to overtake and capture an escaped vessel, or to protect the subtreasury from threatened pillage, carries with it power to do all things necessary to accomplish the object desired, even the killing of the offending party. ❋ Stephen Johnson Field (1857)
Of the subtreasury, then, as contrasted with a national bank for the before-enumerated purposes, I lay down the following propositions, to wit: (1) It will injuriously affect the community by its operation on the circulating medium. ❋ Abraham Lincoln (1837)
No subtreasury bill has yet become a law, though two or three have been considered by ❋ Abraham Lincoln (1837)
The subject heretofore and now to be discussed is the subtreasury scheme of the present administration, as a means of collecting, safe-keeping, transferring, and disbursing, the revenues of the nation, as contrasted with a national bank for the same purposes. ❋ Abraham Lincoln (1837)
