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Updated: July 6, 2025
He urged an excise tax on liquors, although such an internal tax was an innovation in America and was certain to stir intense opposition; he suggested the chartering of a powerful bank, in spite of the absence of any clause in the constitution authorizing such action.
They saw nothing extraordinary in him during that fortnight. The proof of this is that they were willing to transact business with him. Obviously they were; since it is then that the offer of chartering his ship for the special purpose of proceeding to the Western Islands was put in his way by a firm of shipbrokers who had no doubt of his sanity.
The central figure was no longer Madison, but Hamilton, Secretary of the Treasury, who aspired to be a second William Pitt, and submitted an elaborate scheme for refunding the entire American debt. In addition, he called for an excise tax, and later recommended the chartering of a National Bank to serve the same function in America that the Bank of England performed in Great Britain.
And when I do tell 'em I'll tell 'em something else, and that is, that this chartering of worn-out tramps, painting 'em up and putting 'em into the Line, has got to stop, or there'll be trouble." "But this will be her last trip, Captain. Then we'll overhaul her." "I've heard that lie for a year. She'll run as long as they can insure her and her cargo.
It is an injustice to charge him with a practice in the latter respect at variance with his theory; the -fenus nauticum-, in which he certainly engaged, was not a branch of usury prohibited by the law; it really formed an essential part of the business of chartering and freighting vessels. Faith and Manners Roman Austerity and Roman Pride
It was expected to develop an influential manufacturing class who would look to the general government as the source of their prosperity, and who would therefore support its authority as against that of the states. To unite the moneyed interests and identify them with the general government was one of the reasons for chartering the bank of the United States.
The work of chartering the immense fleet required to transport this force, with its material of all kinds, was confided by the government to Cornelius Vanderbilt, possibly in recognition of his recent princely gift to the nation of the finest steamship of his fleet, bearing his own name.
Three years later as Secretary of the Treasury, Hamilton had brought forward the proposal which soon led to the chartering of the Bank of 1791. The measure precipitated the first great discussion over the interpretation of the new Constitution.
After a first glance at the map, and a consideration of the situation, Jack had voted for the inside, or Caribbean route, as being less likely to offer danger from storms. Satisfactory arrangements for chartering the Tartar were made, and the engineer, Joe Alcandor, was engaged to look after the machinery, which, on the Tartar, was not a little complicated.
Japan forbade "the selling, purchasing, chartering, arming, or equipping ships with the object of supplying them to one or the other of the belligerent powers for use in war or privateering; the assisting such, chartering, arming or equipping," For. May 3, 1898. For.
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