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Browsing named entities in Harper's Encyclopedia of United States History (ed. Benson Lossing). You can also browse the collection for January, 1875 AD or search for January, 1875 AD in all documents.

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Harper's Encyclopedia of United States History (ed. Benson Lossing), Banks, National. (search)
of a great money monopoly. There was a strong objection, however, on the part of many whose opinions had great influence against thus making the government, as it were, the one bank of issue for the country. Secretary Chase issued legal-tender notes, it is true, and thus saved the government at a most critical time from serious financial embarrassment. He defended the act as one required by the grave exigency existing rather than as the inauguration of a sound financial policy. In January, 1875, Congress passed an act providing for the resumption of specie payments on Jan. 1, 1879. As that time approached there were preliminary movements towards that end, such as redeeming the fractional curency with silver (1876), by which a large amount of the latter coin was put into circulation. There was a very strong opposition to resumption at that time, and prophets of evil foretold infinite disasters to the business of the country. It was declared that the demand for gold would be g
Harper's Encyclopedia of United States History (ed. Benson Lossing), Inflation legislation. (search)
25,000,000 more to be taken from those States having more than their proportion. When this is all taken up, or when specie payments are fully restored, or are in rapid process of restoration, will be the time to consider the question of more currency. An act fixing the issue of United States notes at $383,000,000, the amount then outstanding, was approved June 20, 1874. Between 1868 and 1874 the amount of fractional notes had also been increased from $25,000,000 to $46,000,000. In January, 1875, the resumption act was passed, and under its provisions the retirement of United States notes was again begun. The redemption of the fractional currency with silver was also begun, and went on so rapidly that by the end of 1877 only $16,000,000 of it remained. Congress passed an act, May 31, 1878, forbidding the further retirement of United States notes under the resumption act. But the increase in the commerce of the country had by this time so far readjusted credits that the value o
Harper's Encyclopedia of United States History (ed. Benson Lossing), Johnson, Andrew 1808- (search)
concluded May 6; and twenty days were consumed in debates in the Senate. The votes of fifty-four Senators present were taken on the verdict on May 26, when thirty-five were for conviction, and nineteen for acquittal. As two-thirds of the votes were necessary for conviction, the President was acquitted by one vote. Soon after the expiration of his term as President, he was an unsuccessful candidate for the United States Senate; in 1872 he was defeated for Congressmanat-Large; and in January, 1875, he was elected a United States Senator. He died near Carter's Station, Tenn., July 31, 1875. Impeachment proceedings.—Articles exhibited by the House of Representatives of the United States, in the name of themselves and all the people of the United States, against Andrew Johnson, President of the United States, in maintenance and support of their impeachment against him for high crimes and misdemeanors. Article I: That said Andrew Johnson, President. of the United States, o
Harper's Encyclopedia of United States History (ed. Benson Lossing), State of Tennessee, (search)
James C. JonesAssumes officeOct., 1841 Aaron V. BrownAssumes officeOct., 1845 Neil S. BrownAssumes officeOct., 1847 William TrousdaleAssumes officeOct., 1849 William B. CampbellAssumes officeOct., 1851 Andrew JohnsonAssumes officeOct., 1853 Isham G. HarrisAssumes officeOct., 1857 Andrew JohnsonAssumes officeprov. March 12, 1861 W. G. BrownlowAssumes officeApril, 1865 DeWitt C. SenterAssumes officeOct., 1869 John C. BrownAssumes officeOct., 1871 James D. Porter, JrAssumes officeJan., 1875 Albert S. MarksAssumes officeJan., 1879 Alvin HawkinsAssumes officeJan., 1881 William B. BateAssumes officeJan., 1883 Robert L. TaylorAssumes officeJan., 1887 John P. BuchananAssumes officeJan., 1891 Peter TurneyAssumes officeJan., 1893 H. Clay EvansAssumes officeJan., 1895 Robert L. TaylorAssumes officeJan., 1897 Benton McMillinAssumes officeJan., 1899 Benton McMillinAssumes officeJan., 1901 United States Senators. Name.No. of CongressTerm. William Blount4th to 5th1796 to