 | Albert Jeremiah Beveridge - 2005 - 705 páginas
...credit, which the National Constitution prohibited any State to issue. "What is a bill of credit?" It is "any instrument by which a state engages to pay money...including a certificate given for money borrowed. . . To 'emit bills of credit' conveys to the mind the idea of issuing paper intended to circulate through... | |
 | John Alexander Ferris - 1867 - 430 páginas
...in delivering the opinion of the Court, says : u In its enlarged and perhaps literal sense the term 'bill of credit ' may comprehend any instrument by...our country, equally limit the interpretation of the term. The word 1 emit' is never employed in describing those contracts by which a State binds itself... | |
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In its enlarged, and perhaps literal sense, the term, 'bill of credit,' may comprehend any instrument by which a State engages to pay money at a future day, thus including a certificate given for money borrowed. But the language of the Constitution itself,... 
