>>"No state shall...make any thing but gold or silver a tender >>in payment of debt." Article IV as I recall, though I get >>older and memory works less well. > >This is article one section ten. > >I think the only state that does this is Hawaii. This part of the >constitution applies to States, not the the Federal Government. > >In section eight you find: To coin money, regulate the value thereof,
nah Vince, "money" absolutely specifically meant "gold" or "silver" in those days. (As much as say "car" means "automobile" today -- not say "spaceship" as it might in 300 years.) "regulate" just meant set the ratio between silver and gold, and to state how many ounces is in one unit. Everyone's gonna jump on this! :) I encourage everyone to buy the astounding coffee-table book "Money" by James Ewart, before taking another breath. You can even pay using DGC, I was the first to do so thanks to Mr Ewart! JP! --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
