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More "Redeemable" Quotes from Famous Books
 ... is not strange, therefore, that this body at once declared itself in favor of inflation. The plan proposed was what was known as the "American System of Finance": money was to be issued only by the Government and in the form of legal-tender paper redeemable only with bonds bearing a low rate of interest, these bonds in turn to be convertible into greenbacks at the option of the holder. The National Labor Union recommended the nomination of workingmen's candidates for offices and made arrangements ...
— The Agrarian Crusade - A Chronicle of the Farmer in Politics • Solon J. Buck
... "Act to strengthen the public credit" was passed, which declared that the "greenbacks" were redeemable in coin. This Act concluded as follows: "And the United States also solemnly pledges its faith to make provision at the earliest practicable period for the redemption of the United States ...
— American Eloquence, Volume IV. (of 4) - Studies In American Political History (1897) • Various
... ocean; and by a line drawn from shore to shore. After some debate, this land was valued to the company at two shillings and sixpence per acre, and the whole quit-rent charged, was "four hundred and sixty-eight pounds, sixteen shillings:" redeemable at twenty years purchase—L9,575. In the measurement, one-fourth allowed for useless land. The employment of convicts entitled the company to remission of quit-rent; L16 ...
— The History of Tasmania, Volume I (of 2) • John West
... the expenditures by $111,682,818, and that the whole of our vast debt could be liquidated by annual payments within thirty years. Mr. McCulloch's plans were to take from the compound-interest notes their legal-tender quality, from the date of their maturity, and to sell six per cent bonds, redeemable at the pleasure of the Government, for the purpose of retiring both the compound-interest notes and the plain legal-tenders. He believed that the entire debt might be funded at five per cent, while the average of the annual interest now stood ...
— Twenty Years of Congress, Volume 2 (of 2) • James Gillespie Blaine
... United States, in consideration of said establishment of boundaries, cession of claim to territory, and relinquishment of claims, will pay to the State of Texas the sum of $10,000,000 in a stock bearing 5 per cent interest, and redeemable at the end of fourteen years, the interest payable half-yearly at the Treasury ...
— A Compilation of the Messages and Papers of the Presidents, Volume - V, Part 1; Presidents Taylor and Fillmore • James D. Richardson
... belonged in absolute right to his ancestors, has been granted for quit-rents, ceus, and other feudal payments, so that there is no comparison between the lands retained and those thus granted by his family. . . . The solid payments which the Assembly have declared to be redeemable are every hour falling to nothing, without a shadow of recompense. . . The situation of the nobility in this country is pitiable; they are under apprehensions that nothing will be left them, but simply such houses as the mob allows to stand unburned; that ...
— The Origins of Contemporary France, Volume 2 (of 6) - The French Revolution, Volume 1 (of 3) • Hippolyte A. Taine
... that it is only a question of time, so far as you are concerned. Take my advice, then, and cheat both, by selling out, in advance. The student and the janitor pay good prices for such things as you. Give the last-named worthy a respondentia bond on yourself, redeemable before death, or resign the body after, (any lawyer will make the lien valid,) and the advance will produce floods of whiskey. Come out, Tom, like ...
— Justice in the By-Ways - A Tale of Life • F. Colburn Adams
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