People's Pilot, Volume 3, Number 19, Rensselaer, Jasper County, 27 October 1893 — What Might Occur. [ARTICLE]

What Might Occur.

A clause in the federal constitution forbids the states to "make anythingbut gold and silver coin legal tenderin payment of debts.” This, exception, from the prohibition reserves t» each state permission to make “gold, and silver coin” legal tender in payment of' all debts. Hence even if congress, should enact that only golidcoin should be the standard and legal tender any one of the forty-four states could, constitutionally pass a counter statute makingsilver coin (domestic or foreign) legal tender, even for customs duties, within its own limita That which can bemade full legal teuder by authority of the United States, though through state action, would bq legal tender to the United States in payment of customs duties. —Cor. N. i.. Press.