Republican (nationalist) President Grant vetoes the Public Credit Act of 1874, which would have increased the amount of irredeemable “Greenback” Bills of Credit in circulation.
[restored 5/8/2022]
Subsequent Events:
Authority:
Article I, Section 7 [Clause 2]
ccc-2point0.com/constitution-for-the-united-states
Article I, Section 10 [Clause 1]
ccc-2point0.com/constitution-for-the-united-states
References:
Ulysses S. Grant – Veto Message
www.presidency.ucsb.edu/ws/index.php?month=04&year=1874
The Federal Reserve and you
endthefednc.wordpress.com/
U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html
Current U.s. National Debt:
