Meanings of suspend specie in English

When Congress authorized one without power to suspend specie payments, Madison vetoed it as useless.

In 1797 it secured an order from the privy council ordering itself to suspend specie payment.

This forced them to " suspend specie payments"; that is, refuse to give gold or silver in exchange for their own paper.

When the war began, banks found it impossible to secure this hoarded coin to redeem their notes and were compelled to suspend specie payment completely.

The banks suspended specie payments and universal bankruptcy reigned throughout the country.

The Bank of France had, during the same period, suspended specie payment.

The burden would be too great in any case, and moreover she has suspended specie payments.

Scarcely had its effect reached the interior counties, before every bank in the country suspended specie payments.

The Bank of the United States and the New York and Philadelphia Banks had suspended specie payments.

But in 1870 the Bank of France suspended specie payments, and from that time a new era begins.

Of my own duties under the existing laws, when the banks suspended specie payments, I could not doubt.

These banks had suspended specie payment, and the government had been forced to charter a new National Bank.

Banks suspended specie payment, manufactories were forced to stop work, and paralysis fell on the whole industry of the nation.

Bank suspended specie payments.

Two financial revulsions have occurred in the United States, when, with few exceptions, the banks of the whole country suspended specie payments.

A large number of the banks suspended specie payment, and the majority of the mercantile houses were either ruined or in the greatest distress.