Saturday, February 6, 2010

South Carolina: "Gold and Silver Coin as Legal Tender Act" Introduced!

South Carolina has joined the growing ranks of States which have had Constitutional Tender bills introduced!

On February 2nd, 2010, SC Rep. Michael A. Pitts (District 14 - Abbeville, Greenwood & Laurens Cos.) introduced H. 4501, the "Gold and Silver Coin as Legal Tender" Act. This bill would allow "silver and gold" to once again be legal tender in South Carolina, as opposed to the paper bank notes of Federal Government debt.

The language of H. 4501 is different than our model Constitutional Tender Act bill, but the effect would be the same - making gold and silver coin the only thing allowed as payment to and from the State.

We'll take that!

Links:
H. 4501
Rep. Michael A. Pitts

Contact your S.C. Representative

Watch an interview with Rep. Pitts about his bill last year supporting States Rights in South Carolina:

4 comments:

  1. Excellent piece and update! I posted to my readers of "The Monetary Future" at http://themonetaryfuture.blogspot.com/

    Also, see...
    http://themonetaryfuture.blogspot.com/2009/07/judy-shelton-says-lets-abolish-legal.html

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  2. http://themonetaryfuture.blogspot.com/2010/02/south-carolina-gold-and-silver-coin-as.html#links

    This guy took your blog post full text and reposted it. He's been doing that with a number of different blogs, and I checked with at least one author and permission was *not* asked. This is not Fair Use of copyrighted content, so I might advise you to contact this guy.

    ReplyDelete
  3. He gave full credit and a link to this page, so I have no problem with it. But thank you for the notification. :)

    ReplyDelete