I deny the power of the general government to making paper money, or anything else a legal tender. Thomas Jefferson The terms lawful money and lawful money of the United States shall be construed to mean gold or silver coin of the United States. (12 USC 152) Legal tender is quite different from lawful money. In no U.S. law are Federal Reserve notes declared to be lawful money. Lawful money is that money described in the Coinage Act of 1792 and in Article I, section 10 of the U.S. Constitution: gold and silver... the only money the Supreme Law of the Land allows states to make legal tender. Tupper Saussy, 1980
Posted on: Mon, 28 Oct 2013 15:41:34 +0000
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