On the record
Thus did the banks defeat a measure which was designed to secure their perpetuity and calculated to promote their financial interests.
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gutenberg.orgGeorge Boutwell: “Thus did the banks defeat a measure which was designed to secure their perpetuity and calculated to promote their…”
Editor's note · Context
Boutwell discusses how the banks undermined a measure that was intended to secure their own longevity and interests.
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By the Ordinance of 1787, freedom and full right to self-government were made secure to the coming millions who were to occupy the States northwest of the River Ohio.
By repeated decisions the Supreme Court has held that the stipulations and terms of the ordinance remained in force after the adoption of the Constitution, unless a conflict should appear, and in such a case the ordinance would yield to…
They assert supreme authority over their fellow-men for an indefinite period of time, and they promise therewith good government.
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