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" ... duty of the Auditor of State to levy an adequate amount by direct taxation. The loans were invariably made on pledges of specific revenues for the payment of both principal and interest. The state of Ohio, at the commencement of its loans, organized... "
A dictionary, practical, theoretical, and historical, of commerce and ... - Page 42
by John Ramsay M'Culloch - 1842
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Hansard's Parliamentary Debates

Great Britain. Parliament - Great Britain - 1862 - 1066 pages
...the loan, but they had undertaken the collection of certain of the revenues of Morocco as security for the payment of the interest and the ultimate redemption of the principal. In regard to the Estimates for the year, and the appeal which Her Majesty had never yet madeinvain to...
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The Merchants' Magazine and Commercial Review, Volume 1

1839 - 568 pages
...payment of both principal and interest. The state of Ohio, at the commencement of its loans, organized a system of finance on a firm foundation, providing...of specie payments, Ohio paid the interest on its debts in New York city paper, at the rate of 109 dollars for each 8100 of interest. Aggregate valuation...
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Merchants' Magazine and Commercial Review, Volume 1

Commerce - 1839 - 566 pages
...payment of both principal and interest. The state of Ohio, at Me commencement of its loans, organized a system of finance on a firm foundation, providing...payment of the interest and the ultimate redemption ot' the principal. In 1837, afier the suspension of specie payments, Ohio paid the interest on its...
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Hazard's United States Commercial and Statistical Register ..., Volume 1

Samuel Hazard - United States - 1840 - 692 pages
...payment of both principal and interest. The state of Ohio, at the commencement of its loans, organized a system of finance on a firm foundation, providing...after the suspension of specie payments, Ohio paid tho inte- , rest on its debts in New York city paper, at the rate of 109 dollars, for each $100 of...
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Hazard's United States Commercial and Statistical Register, Volume 1

Samuel Hazard - Banks and banking - 1840 - 468 pages
...payment of both principal and interest. The state of Ohio, at the commencement of its loans, organized a system of finance on a firm foundation, providing...interest and the ultimate redemption of the principal. In IK.;/, after tho gu»pensi«n of specie payments, Ohio paid the interest on its debts in New York city...
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Hazard's United States Commercial and Statistical Register, Volume 1

Samuel Hazard - Banks and banking - 1840 - 466 pages
...payment ot both principal and interest. The state of Ohio, at the commencement of its loans, organized a system of finance on a firm foundation, providing by direct taxation for the payment »f the interest and the ultimate redemption of the principal. In 18o7, after the suspension of specie...
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Documents, Messages and Other Communications, Made to the General ..., Volume 7

Ohio. General Assembly - 1843 - 1074 pages
...state, and in conformity to the law; and further, to ascertain the Talue and security of the pledge for the payment of the interest, and the ultimate redemption of the stock loaned, said Auditor, or his agent, shall have power to examine all the books and papers of the...
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Commercial tariffs and regulations, resources, and trade, of the ..., Volume 2

John Macgregor - Commercial treaties - 1846 - 658 pages
...on the state stock is payable semi-annually in London. Valuation of property, 200,000,000 dollars. OHIO. — The interest on the stock of this state...principal. In 1837, after the suspension of specie payment?, Ohio paid the interest on its debts in New York city paper, at the rate of 109 dollars for...
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The Constitution of South Carolina: Adopted April 16, 1868, and the Acts and ...

South Carolina - 1868 - 942 pages
...per centum a year, to be paid semi-annually,. for an amount not to exceed five thousand dollars; and for the payment of the interest, and the ultimate redemption of the principal, according to the terms of the loan, the said corporation shall, at all times, be liable : Provided,...
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A Few Letters and Speeches of the Late Civil War

August Belmont - United States - 1870 - 144 pages
...the setting aside the proceeds of the public lands, or the intended duty on coffee, tea, and sugar, for the payment of the interest, and the ultimate redemption of the capital of theone hundred and fifty or two hundred millions, which the people are prepared the government...
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