A Trip to the RockiesCorwin, B. R. (Benjamin Ryder)
History
A Trip to the Rockies
Corwin, B. R. (Benjamin Ryder)
United States -- Description and travel
[B] March 18, 1869. An Act was passed in which the United States
“solemnly pledges its faith to make provision at the earliest possible
period for the redemption of United States notes in coin.”
Quotation from Act of Congress, approved January 14, 1875:
“And on and after the first day of January, Anno Domini eighteen
hundred and seventy-nine, the Secretary of the Treasury shall redeem,
in coin of the United States legal-tender notes, then outstanding,
on their presentation for redemption at the office of the Assistant
Treasurer of the United States in the City of New York, in sums of not
less than fifty dollars. And to enable the Secretary of the Treasury
to prepare and provide for the redemption in this Act authorized or
required, he is authorized to use any surplus revenues, from time
to time, in the Treasury not otherwise appropriated, and to issue,
sell, and dispose of, at not less than par, in coin, either of the
description of bonds of the United States described in the Act of
Congress approved July fourteenth, eighteen hundred and seventy,
entitled ‘An Act to Authorize the Re-Funding of the National Debt,’
with like qualities, privileges, and exemptions to the extent necessary
to carry this Act into full effect, and to use the proceeds thereof for
the purpose aforesaid.”
An Act to provide for the resumption of specie payments, approved
January, 14, 1875.
Extract from Section 12, Act of July 12, 1882:
“That the Secretary of the Treasury shall suspend the issue of such
gold certificates whenever the amount of gold coin and gold bullion in
the Treasury reserved for the redemption of the United States notes
falls below $100,000,000.”
Act approved July 12, 1882.
[C] A Plea for the Constitution. George Bancroft. Harper & Brothers.
1886.
TRANSCRIBER’S NOTES:
Italicized text is surrounded by underscores: _italics_.
End of the Project Gutenberg EBook of A Trip to the Rockies, by B. R. Corwin
Public-domain text, read in full here on John Shaqi.
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