 | Edward Earl Bennett - 1923 - 216 pages
...clause 13. 4 Geo. Ill c. 34 — — 14. 10 Geo. Ill c. 35 15. 13 Geo. Ill c. 57 forbidding the states to emit bills of credit or make anything but gold and silver legal tender in the payment of debts. But even though correct in principle, it did nothing to relieve... | |
 | Walter Gaston Shotwell - United States - 1923 - 396 pages
...issue such notes, ever since known as ' greenbacks.' The Constitution provided that no state should emit bills of credit or make anything but gold and silver coin a tender in payment of debts. And it was argued that this prohibition upon the states by intendment... | |
 | United States. Supreme Court - Law reports, digests, etc - 1926 - 1214 pages
...article 1, section 10, paragraph 1, of said Constitution it is provided that 'no state shall coin money, emit bills of credit, or make anything but gold and silver coin a tender' in payment of debts, in contracts made in the United States to be performed in the United... | |
 | Charles Emanuel Martin, William Henry George - United States - 1927 - 794 pages
...discharge their obligations. Accordingly, the Constitution provided that no state should coin money, emit bills of credit, or make anything but gold and silver coin legal tender for the payment of debts. States might charter banks, which in turn might issue notes... | |
 | Charles Austin Beard, Mary Ritter Beard - United States - 1927 - 840 pages
...that the Constitution of the United States declared in words strong and exact: "No state . . . shall emit bills of credit; or make anything but gold and silver coin a tender in payment of debts." Ignoring this clear prohibition Missouri farmers and planters, pinched... | |
 | John Martin Chapman, Ray Bert Westerfield - Banks and banking - 1927 - 798 pages
...the new constitution which was adopted and went into effect in 1789, forbade any state to coin money, emit bills of credit or make anything but gold and silver coin a legal tender. This was the beginning of a better condition of finance. State issues soon disappeared,... | |
 | Frank Greene Bates, Oliver Peter Field - State governments - 1928 - 606 pages
...that this control would not be encroached upon by the states the latter were forbidden to coin money, emit bills of credit, or make anything but gold and silver coin a tender in payment of debt.11 The states have not attempted to coin money, but they have tried to... | |
 | United States - 1922 - 590 pages
...permission to the states to issue money. The final draft took away from them all power to coin money, emit bills of credit, or make anything but gold and silver coin a tender in payment of debts. Skipping over the interval between then and 1861, it is only necessary... | |
 | Charles Ellewyn George - Banking law - 1917 - 476 pages
...coin money" and "regulate the value thereof," while it is prohibited to the States to "coin money, emit bills of credit" or "make anything but gold and silver coin a tender in payment of debts." The government alone having power to provide money for the use of the... | |
 | James Willard Hurst - Law - 2001 - 242 pages
...the market should have the uniform and reliable money supply it needed, no state should "coin money; emit bills of credit," or "make anything but gold and silver coin a tender in payment of debts." To enlarge the effective range of trading as well as of other activity,... | |
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States the power to coin money, emit bills of credit, or make anything but gold and silver coin a tender in payment of debts. 
