We witness with pride the reduction of the principal of the debt, and of the rates of interest upon the balance, and confidently expect that our excellent national currency will be perfected by a speedy resumption of specie payment.
Commercial prosperity, public morals, and the national credit demand that this promise be fulfilled by a continuous and steady progress to specie payment.
This engagement and the importation of seven millions of specie from abroad by the Bank of the United States secured a general restoration of specie payment.
He used every possible effort to save this institution, which, in the condition of the country, was indispensable to a sound currency and the maintenance of specie payment.
Mr. Spaulding admitted that "a suspension of specie payment is greatly to be deplored," but he contended that "it is not a fatal step in an exigency like the present.
The discouragement in financial circles produced by the Treasury report of Mr. Chase, hastened if it did not cause the suspension of specie payment by the banks of New-York City.
Every such system must provide for a suspension of specie payment.
You have to meet the same forces and principles that opposed the Union army in war; that opposed the abolition of slavery; that sought to impair the public credit; that resisted the resumption of specie payment.
No one expects to be paid in gold until a general resumption by the banks of specie payment; nobody now knows any other currency than greenbacks, and, therefore, I am in favor of keeping that currency.
If it would derange the business of the country to return to specie payment at once, I would postpone it a little.
Such a policy would tend toward the resumption of specie payment, making the money of the people of equal value with that used by the government.
The day for the resumption of specie payment is kept in the distant future.
These corporate rings are laboring to control the gold of the country, and thus prevent the resumption of specie payment.
The Republican leaders took warning, and agreed that before losing control of the lower House they would secure the passage of an Act for the resumption of specie payment.
Such was the action as originally devised for resumption of specie payment.
How shall the paper money be disposed of and "specie payment" resumed?
Cary of Ohio, and called for the repeal of the Resumption of Specie Payment Act, and the issue of paper notes bearing a low rate of interest.
The banks had authorized a suspension ofspecie payment in order to force the issue of bank notes, and to stimulate trade, although Mr. Carey pretends that no over-trading had taken place.
On the 21st of February, still aiming at the same end, they announced the resumption of specie payment.
This understanding was not, properly speaking, a resumption of specie payment, but rather a kind of humbug.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "specie payment" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
