... solvent, the redemption of the circulation is doubly secured. What guarantee, then, have the public, for the sufficiency of the mortgages? They have these, viz.:1. The mortgages, composing the capital ... goodas the PRODUCTIVE STOCK, that they would return their bills for redemption. And then they would returnthem, not really for the purpose of having them redeemed with specie, but in the hope ... of the laborers of the country are either standing idle, or, for the want of capital, are producing only a mere fraction of what they might produce, a two-pence-ha'-pennySecretary of the...