Word: acted
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Dates: during 1910-1910
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...fact, never have come into existence, its memory would have vanished if it had not been for John Hay, who, as Secretary of State, succeeded in getting Mexico and the United States to submit to the judgment of the court a claim involving the two nations. It was this act of John Hay's which literally saved the court, because it put the machinery in motion and if this step had not been taken mere disuse would have caused the court to vanish out of existence in a very short space of time. Almost any nation is willing to pass...
...secretary of a petition signed by 50 men, stating the proposed discussions to be brought before the meeting. The purpose of the meeting and the subjects to be discussed must be published by the president sufficiently in advance to insure proper attendance at the meeting. 2. The president must act immediately upon all written suggestions submitted to him. 3. This constitution is open to amendment by a written petition of 50 men, which in itself necessitates the convocation of a class meeting. A quorum at class meetings, notice of which has been given at least two days before hand, shall...
...fifty million dollars was raised, which was of great aid to the government and served to bring the union bankers more closely together. Shortly afterward, when several increases of this loan had been made, a permanent system of national banks, under federal control, was established by the National Currency Act of 1863. The success of this measure was largely due to Mr. McCulloch, then Comptroller of the Currency. Secretary Chase at first disapproved. In 1864 the bill that is in effect today was enacted, and 700 national banks were organized. The state institutions were at first somewhat reticent about changing...
...National banks have almost the same legal rights as individuals, but they cannot act as trustees, purchase corporation stocks, make loans on real estate, or purchase real estate for others. They can be formed very easily, and are required to deposit certain sums with the government. The Comptroller's duty is to supervise them. The advantages of the system are that it supplies a uniform currency and a market for government bonds; it reduces the cost of exchange; provides safe banking facilities, and acts as a model for the state banks...
...There shall be no election of a President or a Vice-President, but the First Marshal shall act as the Class President, and the Second Marshal as the Vice-President until Class Day, and the permanent Secretary as Class Secretary...