 | Law - 1870 - 546 pages
...this subject of lawiul tender, is that which declares that no State shall coin money, grant bills of credit, or make any thing but gold and silver a tender in payment of debts, thus removing the whole matter from the dominion of State legislation. No such prohibition is placed... | |
 | Law - 1870 - 546 pages
...this subject of lawful tender, is that which declares that no State shall coin money, grant bills of ($?0*$ 0,$5( 0]0 thus removing the whole matter from the domin Ion of State legislation. No such prohibition is placed... | |
 | George Ticknor Curtis - Biography & Autobiography - 1870 - 624 pages
...perfectly plain, and of the very highest importance. The States are expressly prohibited from making any thing but gold and silver a tender in payment of debts ; and although no such express prohibition is applied to Conof whatever circulates as money. From,... | |
 | George Ticknor Curtis - Biography & Autobiography - 1870 - 630 pages
...perfectly plain, and of the very highest importance. The States are expressly prohibited from making any thing but gold and silver a tender in payment of debts ; and although no such express prohibition is applied to Congress, yet, as Congress has no power granted... | |
 | Calvin Townsend - United States - 1873 - 374 pages
...property in payment of debts, at exaggerated and fictitious appraisement. § 7. Though a State can not make any thing but gold and silver a tender in payment of debts, yet this prohibition does not apply to the General Government. A large part of the present paper circulation... | |
 | Daniel Webster, Edwin Percy Whipple - Speeches, addresses, etc - 1879 - 780 pages
...the last branch of the sentence, than to the word "debts," in that immediately preceding? Can a State future debts? This nobody pretends. But what ground is there for a distinction? No State shall make... | |
 | George Van Santvoord - Electronic books - 1882 - 760 pages
...No State shall enter into any treaty, alliance or confederation, coin money, emit bills of credit, make any thing but gold and silver a tender in payment of debts, or pass any law impairing the obligation of contracts;' these, with a number of others, are important... | |
 | Hugh Bowlby Willson - Banks and banking - 1882 - 366 pages
...perfectly plain, and of the very highest importance. The States are expressly prohibited from making any thing but gold and silver a tender in payment of debts ; and although no such express prohibition is applied to Congress, yet as Congress has no power granted... | |
 | Edward Kellogg - Currency question - 1883 - 396 pages
...standard of weights and measures." Sec. X., I., " No State shall coin money, emit bills of credit, make any. thing but gold and silver a tender in payment of debts." It is clear that Congress has the Constitutional right to coin money, and regulate its value; to emit... | |
 | Worthington Chauncey Ford - United States - 1883 - 202 pages
...Revolution. Taught by this experience, the States were prohibited from issuing bills of credit, or making any thing but gold and silver a tender in payment of debts. This would seem to prohibit the issue of any paper-money on the part of the States, and such was doubtless... | |
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The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the states, on the same principle with that of issuing a paper currency. 
