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" The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the states, on the same principle with that of issuing a paper currency.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 - Halaman 9
1821
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Merchants' Magazine and Commercial Review, Volume 6

1842
...it is directly denied to the states in these words : — " No state shall coin money, emit bills of credit, or make any thing but gold and silver a tender in payment of debts. " Consequently, either there shall be no paper money at all, or it shall be under the sole control...
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Documents Accompanying the Journal ...

Michigan. Legislature - 1842
...the United States, among other prohibitions, declares that no state shall "coin money, emit bills of credit, or make any thing but gold and silver a tender in payment of debls." State treasury notes come precisely under the character of " bills of credit," which the constitution...
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Merchants' Magazine and Commercial Review, Volume 6

1842
...Since no state can coin money, or emit bills of credit, (under which paper money is included,) can they make any thing but gold and silver a tender in payment of debts ?" No state has itself a right to make money, no matter whether gold, silver, or any other material,...
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Southern Quarterly Review, Volume 1

Daniel Kimball Whitaker, Milton Clapp, William Gilmore Simms, James Henley Thornwell - 1842
...society to new convulsions. They accordingly prohibited the States from issuing bills of credit, making any thing but gold and silver a tender in payment of debts, or passing any laws impairing the obligation of contracts. After sufficient experience in the operations...
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Speeches and Forensic Arguments, Volume 3

Daniel Webster - 1843
...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...
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Commercial tariffs and regulations, resources, and trade, of the ..., Volume 2

John Macgregor - 1846 - 1427 halaman
...the value of foreign coins,' and when they forbade the states ' to 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.' If they did not guard more explicitly against...
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Introduction to the Science of Government and Compend of the Constitutional ...

Andrew White Young - 1839 - 363 halaman
...drawn on the credit of a particular fund appropriated for that purpose. ^i 447. The power to rtlake any thing but gold and silver a tender in payment of debts^ is taken from the states on the same principle as the power of issuing bills of credit. Paper mOuoy,...
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The Works of Daniel Webster ...: Legal arguments and speeches to the jury ...

Daniel Webster - 1851
...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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The Works of Daniel Webster ...: Speeches in Congress

Daniel Webster - 1851
...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...
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The Federalist, on the New Constitution: Written in 1788

Alexander Hamilton, James Madison, John Jay - 1852 - 496 halaman
...less incident 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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