Wednesday, June 23, 2010
James Madison on Constitutional Tender
"The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the States, on the same principle with that of striking of paper currency." James Madison, Federalist, no. 44, 299--302
Read More: The Founders' Constitution
Labels:
constitution,
constitutional tender,
gold,
James Madison,
legal tender,
silver
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