The Secretary of the Treasury had, in two annual messages, proposed a tax on the circulation of bank bills.
I drew the distinction between the ordinary powers of banking and the issue of bank bills.
The issue of bank bills was an exclusive privilege conferred only on a few corporations.
The money consisted of bank bills principally, with fifty dollars in gold--two tens and six five-dollar pieces.
It is customary to hand a large sure in bank bills to a man you have just been introduced to (if he asks you to do it,) to be conveyed to a distant town and delivered to another party.
For instance, it is customary in all countries for business men to loan large sums of money in bank bills instead of checks.
Why did you deal in bank billson this particular occasion?
He obtain'd an Arret of Council for making a considerable Number of Bank Bills, those which had been made before having been soon snatch'd up.
Whether, in case a reduction of coin be thought expedient, the uttering of bank bills at the same time may not prevent the inconveniencies of such a reduction?
Whether all creditors were not empowered to demand payment in bank bills instead of specie?
Whether, therefore, bank bills should at any time be multiplied but as trade and business were also multiplied?
Bank bills, treasury notes, bills of exchange, and all kinds of commercial paper are only valuable as the representatives of money.
Bank bills, or other promises to pay, are and always will remain unsafe as a money standard; especially when they cannot be exchanged for specie, save at large discounts.
In proportion to the length of time that must elapse before any bank bills, treasury notes, or other commercial paper can be paid in specie, does its value increase or diminish in commercial transactions.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "bank bills" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
