Speech Of Hon. James B. Beck Of Kentucky: On His Resolution To Require The Gold And Silver Coin Received At The Custom-houses To Be Paid To The ... Certificates, Or Stopping The Coinage Of...
In this historic speech, Hon. James B. Beck of Kentucky presents his resolution requiring gold and silver coins from custom-houses to be paid to the Treasury in specie, not certificates, or to cease coinage. The address explores vital aspects of U.S. monetary policy and fiscal integrity in the 19th century, offering a window into congressional debates on currency standards.
About This Book
The speech by Hon. James B. Beck addresses a critical resolution concerning the handling of gold and silver coins received at custom-houses. It proposes that these coins be paid directly to the Treasury instead of using certificates.
Beck's argument centers on the implications of this policy for national finances and economic stability during his time. The resolution aims to enforce stricter adherence to metallic currency standards.
This historical document reflects broader discussions on currency and coinage in the United States Congress. It underscores the tensions between paper-based systems and hard money in fiscal operations.
Delivered by the Kentucky representative, the speech provides insight into legislative efforts to regulate monetary practices at ports and mints.
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