...various phases the National Constitution declared that "no State should emit bills of credit, make any thing but gold and silver coin a legal tender In payment of debts, or pass any law * * impairing the obligation of contracts." All these provisions grew out of previous...

...phases the National Constitution declared that "no State should emit bills of credit, make anything but gold and silver coin a legal tender in payment of debts, or pass any law * * * impairing the obligation of contracts." All these provisions grew out of previous...

...value thereof,' and prohibited the States from coining money, emitting bills of credit, or making any thing but gold and silver coin a legal tender in payment of debts, supposed they had protected the people against the evils of an excessive and irredeemable paper currency....

...various phases, the national Constitution declared that " no State should emit bills of credit, make any thing but gold and silver coin a legal tender in payment of debts, or pass any law . . . impairing the obligation of contracts." All these provisions grew out of previous...

...phases, the national constitution declared that " no state should emit bills of credit, make anything but gold and silver coin a legal tender in payment of debts, or pass any law . . . impairing the obligation of contracts." All these provisions grew out of previous...

...violation of the Federal Constitution is undoubted. "No State," says that instrument, " shall make anything but gold and silver coin a legal tender in payment of debts, nor pass any law impairing the obligations of contracts. " It was not long, therefore, before a test...

...clause in the constitution of the United States which prohibits the several states from making anything but gold and silver coin a legal tender in payment of debts. If the legislature should so far forget their duty as to undertake to make bank notes or bills issued...

...a voluntary sacrifice on the altar of justice, of the power which has been the instrument of it." i The States are also forbidden to make any thing but...subject of money and the currency with the general Tender, government. The States have, indeed, established banks, and authorized them to issue notes...

...shall absolutely control the coinage of money. It prohibits the states •everally from making anything but gold and silver coin a legal tender in payment of debts, and now, by bringing into operation this system of national banks which has proved so eminently successful,...

...safety may require it." (Constitution, Article I., Section 9.) (12) " No State shall make anything but gold and silver coin a legal tender in payment of debts, or pass any law impairing the obligation of contracts." (Constitution, Article I., Section 10.) (13)...