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" The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the states, on the same principle with that of issuing a paper currency. "
Niles' National Register - Page 9
1821
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The Works of Alexander Hamilton, Volume 9

Alexander Hamilton - Finance - 1886 - 652 pages
...incicident to a power in the States to emit paper money, than to coin gold or silver. The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the States, on the same principle with that of issuing a paper currency. Bills of...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 1

United States. Congress. House - United States - 1340 pages
...the ?alue of foreign coins/' and wheu they forbade the States " to coin money, emit bills of credit, make any thing but gold and silver a tender in payment of d^-bts,'1 or '• pass any law impairing the obligation of contracts." If they did not guard more explicitly...
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Manual of the Constitution of the United States

Israel Ward Andrews - United States - 1887 - 420 pages
...of credit." The States are forbidden to "emit bills of credit," as well as to "coin money," and to "make any thing but gold and silver a tender in payment of debts." The Constitution places the coining of money among the powers of Bills of ,, . < • , ... Credit....
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Manual of the Constitution of the United States

Israel Ward Andrews - Constitutional history - 1887 - 426 pages
...some were made payable to bearer and were transferable by delivery. as well as to "coin money," and to "make any thing but gold and silver a tender in payment of debts." The Constitution places the coining of money among the powers of Credit. Congress, but says nothing...
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Pamphlets on the Constitution of the United States: Published ..., Volume 1

Paul Leicester Ford - Constitution - 1888 - 474 pages
...grant no letters of marque and reprisal. She shall [36] coin no money, emit no bills of credit, nor make any thing but gold and silver a tender in payment of debts. She shall pass no bill of attainder, or ex post facto law, or law impairing the obligation of a contract....
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Topical Analysis of American History and the U.S. Constitution with Numerous ...

Charles W. Childs - 1888 - 124 pages
...alliance, or confederation ; grant letters of marque and reprisal ; coin money ; emit bills of credit ; make any thing but gold and silver a tender in payment of debts ; pass any bill of attainder, ex-post-facto law, or law impairing the obligation of contracts ; or...
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The Republic, Or, A History of the United States of America in ..., Volume 18

John Robert Irelan - Presidents - 1888 - 648 pages
...to coin money and regulate the value thereof, at the same time prohibiting the States from making' any thing but gold and silver a tender in payment of debts. The anomalous condition of our currency is in striking contrast with that which was originally designed....
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Transactions of the Albany Institute, Volume 12

Albany Institute - Albany (N.Y.) - 1893 - 344 pages
...principle, perfectly plain, and of the 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 prohibition is applied to Congress in express terms, yet Congress has no power...
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The Writings and Speeches of Daniel Webster: Legal arguments and diplomatic ...

Daniel Webster - United States - 1903 - 370 pages
...last branch of the sentence, than to the word " debts," in that immediately preceding ? Can a State make any thing but gold and silver a tender in payment of future debts ? This nobody pretends. But what ground is there for a distinction ? No State shall make...
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Laws of the United States Concerning Money, Banking, and Loans, 1778-1909

United States - Banking law - 1910 - 828 pages
...place where such payment may be made, provided that nothing herein contained shall be construed to make any thing but gold and silver a tender in payment, of any debt due from the United States to individuals. ' r •* to be made In ***** Approved, June 27,...
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