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 constitutional objection to the passage of the present bill.
Rutherford B. Hayes: “While, in my opinion, it would be unwise to authorize the Secretary of the Treasury, in his discretion, to offer to the…”
Editor's note · Context
Veto Message
Share
More from Rutherford B. Hayes
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.
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 would commend the suggestions and recommendation of the chairman of the Commission to the careful consideration of Congress.
If 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…





