The retirement from circulation of United States notes with the capacity of legal tender in private contracts is a step to be taken in our progress toward a safe and stable currency.
Rutherford B. Hayes: “The retirement from circulation of United States notes with the capacity of legal tender in private contracts is a step…”
Editor's note · Context
Third Annual Message
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I have the honor to inform the Senate that Hon. Benjamin Harrison, Senator elect from the State of Indiana, has resigned his office as a member of the Commission for the Improvement of the Mississippi River, and the same has been accepted…
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…
I would commend the suggestions and recommendation of the chairman of the Commission to the careful consideration of Congress.
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.





