People's Pilot, Volume 3, Number 36, Rensselaer, Jasper County, 23 February 1894 — Silver a Legal Tender. [ARTICLE]

Silver a Legal Tender.

A learned contemporary offers as a j panacea for existing trade troubles that a law be passed making silver a legal tender for all debts and dues. Silver is now by act of congress legal tender for all debts and dues, unless by special i contract gold or something else is spec- | ified. The repeal of the Sherman law ! did not take .away any legal tender j quality from silver. Ibis just as good as gold as a common circulating medium, is so in fact as well as in law, with the sole exception of a contract to the contrary, the validity of which no legislative power can violate Silver is money, not a token ora substitute, and there is no use in denying the fact j Sail, Lake Herald.