I can not but regard the fifth section of the bill as a step in the direction of the destruction of the national banking system.
Rutherford B. Hayes
The Public Record
Rutherford Birchard Hayes was the 19th President of the United States, serving from 1877 to 1881. A member of the Republican Party, he was born in Ohio and became known for his strong stance against slavery as a lawyer and abolitionist. His presidency marked the end of Reconstruction, a significant period in American history following the Civil War, and he is often associated with the beginning of the Gilded Age, a time of rapid economic growth and industrialization in the United States.
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by number of sourcesIf successfully accomplished, it will secure a large decrease in the annual interest payment of the nation, and I earnestly recommend, if the bill before me shall fail, that another measure for this purpose be adopted before the present…
I have the honor to inform the Senate that Hon. John Sherman, Senator elect from the State of Ohio, has resigned the position of Secretary of the Treasury, and that said resignation has been accepted to take effect at the close of the…
Believing that a measure for refunding the national debt is not necessarily connected with the national banking law, and that any refunding act would defeat its own object if it imperiled the national banking system or seriously impaired…
While, in my opinion, it would be unwise to authorize the Secretary of the Treasury, in his discretion, to offer to the public bonds bearing 3 1/2 per cent interest in aid of refunding, I should not deem it my duty to interpose my…
The imperative necessity for prompt action and the pressure of public duties in this closing week of my term of office compel me to refrain from any attempt to make a full and satisfactory presentation of the objections to the bill.
Provided, That this withdrawal shall not affect any existing valid adverse rights of any party.
It is hereby ordered that the following-described lands in California, viz: Sections 26 and 35 in township 10 south, of range 1 west, and sections 2 and 3, in township 11 south, of range 1 west of the San Bernardino meridian be, and the…
I, Rutherford B. Hayes, President of the United States, have considered it to be my duty to issue this my proclamation, declaring that an extraordinary occasion requires the Senate of the United States to convene for the transaction of…
I transmit herewith a copy of proclamation for the convening of an extra session of the Senate of the United States at the Capitol, in the city of Washington, on the 4th day of March next, at noon.
I would commend the suggestions and recommendation of the chairman of the Commission to the careful consideration of Congress.