New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-10-02
,owrca IN impart 10 them such properties as would
wv lenisx In fNelutinR

having the function Of money among olher character
sites eligible and appropriate means Tor erect
nc Tie object, Congress had the right to select those
means unlCss lrolltcd IN tie ti"cc oi ihcm T.! we
Constitution They IRE not Icpugnnni to ine Oohs.la
iOa unless is cuutcuded that instrument wei csi %
i-hcd for tie express purpose Of creating ma nsn'
tnnuC On exclusive table standard of NtlLe' Nuich
proposition IN ny Judgment canuot b, sncce.iifiy
II is no objection u tIs means 'n's'n "
execute constitutional power that pifue ooilH' q
nav te directly ulrctcl OF impaired. 1his my it
the Indirect efc,t Of carrying INTO execution many o
the express or implied powers o. Government iAc'u'
barso laws paired tic Ohg CATION 81 nullerOus private
contracts vet these laws were d ed 10 be oonst-
tqtinnal. The Government may dcbafe iae com.
nnd has done Il. yet the Obligation ~ mirrie con
tracts would be affected precisely es y attaching 20
rGper currency the quality ~ money ara uilctii 70
The fluctuations rf the marhci. AZ parcel therefore 81
tie means that might DC constliniioun'l used ID cA'cU
iiug the power 10 borrow, was note Oh the t"'t'h
nent clothed With tie capacity to circulate ard irvhr
the functions oi money u is not denied that Congress
NAY create and such en Instrument, Wlihoat thr
money aId eCatrder clause rs 10 pTi ate DEBTS IN thc
exeicise Of the borrow ing power or tue power o pay
inr the ric lci,s or Of collecting the internal Icro
nue. II Il is corstutOlsy ii and proper Ia the eAef
else of those powers to iupnit 70 the Treasury NOES we
quality 81 money for Any purpose II Is no ou ''oh 'a
they are constituted medium In which piiialn o'.
unr re maid The question Is whether thcy ms! re
lawfully made money at oil II Congress can eoine
them With the attributes oi money shh rs sue uS
them In pnyncni ard discharge 81 dcb.s Que nom ald
10 tie GoyclnmcBt there is no vad re- son WY th'i
may NOT be made to have HE sauf Operation N T. rot
10 private debts lIdyiGuals arc aN ays parties -" orc
side or the Other IN transccu"is Mth the p"N'
and ths idea tina, il is an Invasion OF private es even
10 be compelled IN pr' ate none! irahsnct1hs l" nc
the samc cuIicrCy, having the sAue snu1an OF 'huc
as Tint used In transactions between the Go'eIhmeit
and individuals. rests on 40 Just oI te..oe 'cu
ton II IL hot true however, that TIE Greet I'tu o.
The lecalieudcI clause - 20 pii'ntc 1ebt N 70 COM
the creditor TO surrender pouoh "I ~ go. !" VIC
man WHO oucf r. This elect "a only WoiI'u ON %. ~
fuunr n at the creditor H. entitled 10 nave s &c ~
paid il. gold OF silver coin. ord that Shntc'r my De
iAc difference IN value IN The maih'' Do.',n V'D '
lrcn tender notes is GO nrCA s.it Itu 10 i4' "''"4
Lrt Lis ril IL 60 have Dis debt pro ~ lA"tU money!
vLcihcr 10 be coin or paper ana MAJ 10 '.'''o ,"l
cannot BE- estimated bi tlr i.lihti ''-i'., ~ .
Of The medium 4 t.easliy not, 81 tie Cciniiiilpl o.
ton do.fs /. legally ns valuable Tor To fli it.cr -
money 80 ed ca de- TIC value ~ '.'h - - ~ h
slO money u a,couni. II god 1ic be- "olA m'ir
In Tie market than teA dollar lcrl hott, II u
iec.use IL De- wanted 90 pat duties ord elite Do i'
nlfoad Indeed. what is called demand n''e' i.t
Gov erHincut receivable Tor tuiicS' i'' ,t''' '
market about equal g. gold ~ silver coin lAt ii hf
10. .-,a aud ds.aul notes j. therefore, i't Nti'u
by tac d,i4aud AID trp".y his dri.a' JOY ,u4 ,'
be lor kc.finlric pufIu.cf, ~ ifc'. HiN % .f ''
Tor -proutflte or dies ih.tn pa lrr', iN' N".'t
r.t.i, q tie rrcfeut tine nost ~ tie C4irlclDe To-
value Of gold goia ana legal t'rc'r u1i'a BE- To-
result II sirD.cs 81 g1mlits h Ut. '' .'--'
m..1a o; eI'- ,.,9 !, Pho emo. ~ ,.d tar.
"a mcasaIc ~ value tua '.rDi'd bl 81. ~ QUO
,aurcs fucfuainr iu it, character Hiira NY De- tOFr
tsda, aid ices o. uoiIoF cas- bc aiy .i eii..'a y
e. q
dyio tlr rittls y ..t.4f contract. ue t'y Jose. u"
lu,lIuu 10 lnltef l.ft...c. 10 'r.4' t.I'f'A lt+
md .ai tender rrita 'tft i' '.I.t.t p. 81. .''
De D. c.u -l,l iosuf. rluUi .4 .f d.. i' l'tN
,.-,,!.l,t .rrlaa ulrr ClIt.f..a.l go lu -.ffE On
iLt4r rnllro an. c-til.s. fu $40 +'i go ''t~
ir,tt.,. t. creditor .4f O. tr t ti.r i.-...ata
d,.clUlui iu o.r az OF lfrs.ai ,i''' " 90 'iit'
l0cs D. .L flrt ls.c.sl - t4t .lfi at 60 Hr..
t.ra,l 1i.r.. onf 10 500 ng lra1 $3.50 t.f aaa -"
,citof cuat.4,i ogcf-J ~ 80 t.'.lie si'f.e d.
Grew DE ,.,.. a. e. .r h.I flc i.aa J.. ID ~ q o.
.f.tcf q b. rrfcl fo &c p.toHrI ] hr .r.iT o.
cf.,cGt spt. lnt 1of ID e,.d -' rfe4' I'D 90 sf1.. b
,rtGltff o....s t-li De- la .ii.afl o. lr s .. r
do.afs 10 r'.l. fiarlte aAo Hl'oe - 49,
bllt because. v.fa te uA.a.e.''- Na. .' a..'
o.ltarD H.s 40 uiif iauf-i roi'' ri- i.ri i -f.
Nc; fetirg o. losttcs lov ga D. t, .-- t.- Dr.. i.f
h,t.aiy fe.,Is.a s.lr' t. Iif t''tf D. t'''.''f ~
liz acit as ml fn4.t Dol uoHHy lI tr.nr o.. i
o,A,T. Ita,,d. tl' giti n,arl 90. laif .' ~
IT, oarren', 90 "hi'A 3, 80, '., 49,. r. 100 h.
s.ricndrfa 'aue a. a T. 90 e.g'' " 80, ,.
f4as 1isfose q opl b. slc rsftc - h ~ Job
BE- can If~asrfr nor" ana tie inirrf b H'f' NaiiH
t's medium a cttAn4Ee Do iA' t'ii i'.i "'.--
h.n tLs .-,i,s lr tie r-! I'D in 90 etEef s-r fl'
lfDfte4ilol t.l' ODE N. =. N.n ri 60 if.. .H Ii'
tptt.. iraisfcr o. aii 90 tlo ogr..ii llU.sf g.
arsfhrf De- worked obs. 10 lslt tr.'rf ls r.4..
iae4 - a. aitci g. flint Isl &c -s'i 4-ois t-aA
tlc i-E Jrtales "i fr.l. i'a
rrcss 81 ls .rfa ilri -Dt as fr-s - cog.
lti. ,asrui.Da tAt b,ioH4 l.at4 uc l.ftf % goo.
l'.t. &C. ..''-i i.''.'. -.' ''
nali1u. vrs fi... 'ir .-.' %. if
3D. lflrr iIr 'uihi.t $500. 80 .' .. " we 800 '
b.td.h hl - i'i "
ca .e-it li'-'i.l.t
fsl.f currency it .ir rf' '-'' 20 l. 'i' 30
ipAsl iph''f '.N '''' ~ ''
ut iN.'4'i-.''.
20 fir-'i.f .ie ..'"
.nc.rI.l afd ru4r'slg iai-.t '.4 Pr '' &C. t..t. L
If'.ftfy H'i'i n'"t! D'- % t no
20 "a i'r ' 4'l-r A-.t '" '.' .lt"
lL'if is .Nli 80 /" lt' .'.''' .'
I've m 100 % IT, u o.
bOttTnhr". H4.iN ~ '-''..''. -
bo'tl.A.. J.. b. i..'