Word: rigidamount
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...Legal-tender notes are a dangerous element in the finance of the United States.- (a) Their circulation is rigidamount is fixed by law: Act of May 31, 1878, Statutes at large, XX, 87.- (b) The government ought not to do a banking business.- (1) Government officials have neither personal nor material means to make a fiduciary currency flexible.- (a) Withdrawal would make the gold reserve unnecessary: Carlisle's Speech, in N. Y. Sun, Dec. 3, 1895.- (1) Maintenance of gold reserve has cost us at least $150,000,000 in the last two years.- (d) Whenever government reserve goes down...
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