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Thr Constitution On Coinage

Thr Constitution On Coinage image
Parent Issue
Day
23
Month
September
Year
1896
Copyright
Public Domain
OCR Text

It is svrprising that Mr. Bryan pertslsts in t'he assertiou that he and liis party demand "the ï-estorntion of tlie goid and f.ilver hii v ■ ■ ■ ■ ■ onetitution." Thevü is 110 line in 'the constitution that de-isnates gold and süver togethei-, or eittoer metal separatcly, as the money 01 Mie Uuited States: There is rao section or clause of that docuv.ii'cli declares what the money In riiitcd States shall be. The only mom ion oí edth-er of money metáis la t'.n' porvision that "No state shall coin mcmey, emit lills oï credit, makc anytliins hut gold :uid silver ooiln a tender in pnyment ol ilebts." The oaiject of thts, as Mr. Bryan well knows, was t put a stop to tiie practice -hich soane oí the states liad adopted of making their paper a ïieSjal tender. Tlie eomstitution gives to pongrese poive.' to "coin money," boit it does moit menMoii any metal in that connection ünder tliat authorizatlon coingress bas "coined money," out ol silTer, gold, copper arad nickel. It could comfine lts coinage to either of the money metate without Tiolating t%O coostitution, or it could indeilnitely Buspend coinage and Issue legal tender notes lts po.wer 'n that direction Is unlimlted- so declared by the Uiited States supreme co-urt.-

Article

Subjects
Old News
Ann Arbor Courier