...same way. The new constitution under which the government was organized in 1789. contains the clause that no state shall "coin money, emit bills of credit or make anything but gold and silver coin a tender in payment of debts." This clause was no doubt, designed...

...had brought themselves to the brink of ruin by the experiment, were our ancestors willing to declare that no State shall coin money, emit bills of credit, or make anything but gold and silver coin a tender in payment of debts. The financial crisis which extorted...

...for the punishment of counterfeiting the securities and current coin of the United States ; " and " no State shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts." The force and importance of these provisions will be best understood...

...value thereof, is expressly granted to Congress in the Constitution. The Constitution also declares that no State shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts. This sovereign attribute, therefore,- of coining money and regulating...

...this exclusive right. In the tenth section of the first article of the Constitution it is declared that no State shall coin money, emit bills of credit, or make anything but gold or silver legal tender for debt. What, sir, is a bill of credit ? Will it be contended...

...the Congress shall have power to coin money, regulate the value thereof, and of foreign coins," and that "no State shall coin money, emit bills of credit, or make anything but * See Money, p. 304 et seq. FA Walker, New York, 1878. Money : Its Laws and History, p....

..."the Congress shall have power to coin money, regulate the value, thereof, and of foreign coins," and 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 pursuance of these wise provisions...

...thereof, and of foreign coins, and fix the standard of weight» and measures." Another clause provides that " no State shall coin money, emit bills of credit, or make anything but gold and silver coins a tender in payment of debts." These two clauses of the Constitution...

...Congress shall have power " to coin money, regulate the value thereof, and of foreign coin ; " and, again, that no State shall coin money, emit bills of credit, or make anything but gold and silver coin a tender in payment of debts ; and hence it is argued that the only...

...been strengthened. . . . On the part of the plaintiffs in error, it is contended, that the provisions in the constitution that "no State shall coin money," "emit bills of credit," or "make anything but gold and silver coin a tender in payment of debts," are three, distinct powers which are...