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Marshall Statesman in Marshall, Michigan

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Newspaper

Marshall Statesman

Location

Marshall, Michigan, United States of America

Date

Jul 18, 1878

Page

2

Greenbacks and National Banks Debate in 19th Century NY

A long argument discusses whether United States notes, or greenbacks, count as money for taxation. The piece defends their status as government obligations, not coin, and argues exemptions from taxation. It defends National banks as nonmonopolistic, outlines profits, and recounts how Lincoln and Chase supported a national banking system for a safe currency.

United ‘Tates United States Supreme Court New York Wallace Supreme Court Charles O'Connor Samuel F.cary Ohio Brick Pomemy Chicago Mosea W. “Field London Congress Leagt Cary Field Pomeroy Lincoln Mr. Chase Ipooin Chase Thair Wipplett Simon P. Chase Thoes Weaton Charleston Marshall Wheaton Supreme Court Reports Nce Billy Deposit and Exchange Comptroller Banka City of Ayaten Treasury Department Sestem Gen’l Cary le Mot Cany Jary Geni Cory Curse National United States Bank Alexander Hamilton Great Congress of the Isiz Dallas the Treasury Optician National Bank Spaulding Committee U. S Treasury Secretary of the Treasury Beniue House of Dicense Senate Army Navy Eves Gta Abraham Lincoln National’ Bank Inpp Salmon Chase Pomeroy & Col

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