Rutherford B. Hayes: “Believing that it was not the intention of Congress to require such repayment, the bill is returned without my…”

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.

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…

I would commend the suggestions and recommendation of the chairman of the Commission to the careful consideration of Congress.

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…