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The chancellor of the empire receives 36,000 marks and 64,000 additional for expenses. The highest receivable pension is three-fourths of the salary not counting the additional sum for expenses, or, as it is named, Repräsentationsaufwand after forty years of service. The foreign ambassadors to the more expensive capitals, London, Paris, Washington, Saint Petersburg, receive 150,000 marks a year.
Morris laid before congress the plan of a national bank, whose notes were to be receivable from the respective states as specie, into the treasury of the United States. Congress gave its full approbation to this beneficial institution; and passed an ordinance for its incorporation.
I can not doubt but that the notes which it proposes to furnish at the voluntary option of the public creditor, issued in lieu of the revenue and its certificates of deposit, will be maintained at an equality with gold and silver everywhere. They are redeemable in gold and silver on demand at the places of issue. They are receivable everywhere in payment of Government dues.
I can not doubt but that the notes which it proposes to furnish at the voluntary option of the public creditor, issued in lieu of the revenue and its certificates of deposit, will be maintained at an equality with gold and silver everywhere. They are redeemable in gold and silver on demand at the places of issue. They are receivable everywhere in payment of Government dues.
On the 20th of February Henry Height came to our bank, to see what help we were willing to give him; but I was out, and Nisbet could not answer positively for the firm. Our condition was then very strong. The deposit account was about six hundred thousand dollars, and we had in our vault about five hundred thousand dollars in coin and bullion, besides an equal amount of good bills receivable.
Gold, which had been worshiped by the capitalists as the supreme and eternal type of money, was no more receivable than silver, copper, or paper currency at the public stores, and people who desired the best goods were fortunate to find a public employee foolish enough to accept three or four dollars in gold for one in scrip.
"Then," I replied, "I should invoke the power of the nation, as was done in that great civil war of 1861, and issue paper money, receivable for all taxes, and secured by the guarantee of the faith and power of five hundred million people; and make advances to carry these ruined peasants beyond the first years of distress that money to be a loan to them, without interest, and to be repaid as a tax on their land.
The minutes further declare that although any petition presented to the Commission appealing from a decision given by a Court of Law is to be considered as not being in order, yet as the petition submitted by the Bahá’ís reveals such a state of partiality, servility and sectarianism it has been found desirable to depart from the general rule and to regard the petition in question as receivable by the Commission.
All the Foreign Ministers were on the ground; doubtless with praises, so far as receivable; and in the afternoon came festivities not a few. A great day in Strehlen: but in Breslau a much greater; which explained, to our Two Excellencies, why Podewils had been so pressing!
The amount of duties secured on merchandise imported from the commence of the year 'til September 30 is estimated at $21,250,000, and the amount that will probably accrue during the present quarter is estimated at $4,250,000, making for the whole year $25,500,000, from which the draw-backs being deducted will leave a clear revenue from the customs receivable in the year 1827 of about $20,400,000, which, with the sums to be received from the proceeds of public lands, the bank dividends, and other incidental receipts, will form an aggregate of about $23,000,000, a sum falling short of the whole expenses of the present year little more than the portion of those expenditures applied to the discharge of the public debt beyond the annual appropriation of $10,000,000 by the act of March 3d, 1817.
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