Word: moneyed
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Dates: during 1890-1899
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...work of a city government is not to accumulate, but to administer; not to make money, but to spend it judiciously. Holding a public trust, the government is analogous to the trustees of an estate and is not warranted in taking any risks, therefore there ought to be no extravagent expenditure. Of course water works, public schools, police force, and fire department are necessary, but there are many things far beyond reasonable resources which can be dispensed with...
...probably join such a University Club," as the notice reads, will give the graduate committee a basis for deciding whether to appeal for funds or not. If it is found that a thousand men or thereabouts, would be likely to join the club, there is every probability that the money will be forthcoming. While it is not the purpose of the committee to urge men to sign their names in the books, yet it will not be out of place for us to urge every member of the University to come to a decision, as soon...
...Legal-tender paper money is recognized as dangerous by economists and financiers.- (a) The legal-tender acts were passed as war measures: Cong. Globe, 1861-62 p. 523.- (b) A speedy redemption was anticipated: Cong. Globe, 1861-62 (Speeches on legal-tender bills).- (c) The Republicans passed an act almost unanimously to retire greenbacks, Dec. 18, 1865: Nation, LXI, 380.- (d) March 18, 1869. Congress passed an act solemnly pledging itself to make early provision for redemption of the United States notes in coin: E. C. Mason's Veto Power, S 61.- (e) President Grant urged Congress to retire...
...adequate substitute is proposed.- (a) Bank notes not a desirable substitute.- (1) Would leave too much to discretion of private bankers.- (x) Bankers controlling volume of money would control prices.- (y) Bankers would be likely to inflate currency in times of excitement.- (2) Profits from issue should go to whole people not to bankers...
...Should the Indian schools in the East be discontinued and the money now expended on them be given to the Reservation schools...