certificate of indebtedness การใช้

Authorized in 1898, Certificates of Indebtedness were issued during the Panic of 1907 to serve as backing for an increased circulation of banknotes.
"all bonds or certificates of indebtedness of any railroad company incorporated by this commonwealth be, and the same shall be, liable to taxation for state purposes only ."
The adoption of Hamilton s " Report " had the immediate effect of converting what had been virtually worthless federal and state certificates of indebtedness into $ 60 million of funded government securities.
Certificates of indebtedness i . e . government war time debt had been paid with government securities at face value plus arrears of interest under the terms of Hamilton s First Report on the Public Credit.
A statement is given of the amount of deposits by the Secretary of the Treasury with the Federal Land Banks, for which the banks have issued their certificates of indebtedness bearing interest at 2 % per annum.