People's Pilot, Volume 5, Number 50, Rensselaer, Jasper County, 18 June 1896 — Honest Money. [ARTICLE]
Honest Money.
Any kind of money v-i, li . Iyer n men t of the United Sf’teo cnith•'•••izes must roc:ls be boron mom- v whether made of gold, silver, nickel copper or paper. It is tlic stamp o the government that fixes Us The power to coin money is by to constitution reserved to the Untie-;! States, and not even a state, mu h lev an individual, or a corporation,' ca; coin money. No state can make ‘try thing but gold and silver coin a 1 , I tender in payment of debts, but tier! is no such restriction on the ge ur: government; on the contrary, the j ference is clear that the United fita may emit bills of credit, or treasmy notes, such as greenbacks, for tho authority is given to Congress in. t - constitution to provide for the punishment of counterfeiting the securiti-- 1 and current coin of the United Stales By securities is meant, bills of crcd it, such for example as bonds or g.o hacks or other treasury nc'.'-a. Thpower to issue money in any form in v. prerogative of the ( i ] Staten Government.—Civic Review.
