Rensselaer Gazette, Volume 3, Number 49, Rensselaer, Jasper County, 28 March 1860 — Legal Tender. [ARTICLE]

Legal Tender.

The law regulating the payment of debts with coin, provides tliut the following coin be legal tender: 1. All gold coin ut their respective values for debts of any - amount. 2. The half-dollar, quarter-do liar, dime, and half-dime,, at their respective values, for debts of any amount under live dollars. 3. Three cent pieces for debts of any amount under thirty cents. 4. By the law passed at the last session of Congress, we may add, one cent pieces for any amount under ten cents. By the law of Congress, passed some four or live years ago, gold was made the legal tender of large amounts. Those who, to get rid of large quantities of cent and small coin,sometimes pay their bills with it, to the annoyance &f the creditor, will perceive that there, is a stoppage? to that untie by the latv.— j\ T at. Intelligencer .