Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1864-01-26

prenIum AooTe par The note IN which
the actieu was broaghs vas as follows:
$500 '.CzIeopzz, Dec 81, 1861
For VaIre ssceiEe,i. promise % pay
Joseph Z WoaJ or order Eve hundred dol
.ars o. d=uAad with interest, the above
pay able N sPecls- A BELESS7
The opIaioa II the court vas prepared
By Judge Cbapman, aad was a. follows
This action Is brought upou = proauis-
sory note f1r I've hundred dollars payable
On demand anu interest, with the ADDITION
/ Al words the sboEe PaysbIe n z1ecis. =
The plaintiff proved that he had demanded
payment Of the uots II specie, azd otF=-si
% prove rhat ca the dap when he made the
demand, sPecis was worth certain pre-
niuu aSu-e Par 8s contends that he IS
eauusd % -eceTer Judgement fer the
auouat Of zueh premium IN addition n
the sum OF five hundred dollars aut in
teresr.
This position zszuuss that specie iz q
De regsr4ed as an article Of ce-rhaz5!se
and uct - money For If We regard Il as
money. II iS Itself the standard OF value.
and the Statement that 6uIZa- ca1 he
above or below par IL absurd L =. n
effect a Statement that j dollar cao be
worm more O. less than dollar
Dealers IN nonsy may for their own
convenience Aa6 especially "a respect 70
foreign Iade, treat moaey a. merchandise,
aud speak OF gold and silver a. hei-E
shove or below par. Bat ~hea 4 ZaIi or
silver dollar Is spoken of Il this naaner.
II Is Win reference % something else As =
standard Of par va!ue. Thus i has soma
times naPPeaed that the market value Of
these Eso metals mas changed, and rhat =
- %a=
market thaa a dollar II gold Yet courts
have beeu compelled By Law 70 treat lien
A. nocey, aud "a regard dollar of one
metal as equal to dollar of the ether
EqGatIt! may be wholly or partially re
stored OF dsbasl1g o1a species OF coin, or
improving that CT the other. Il i one ef
the attributes CT sovereignty 70 10 this, aud
when l. = done courts OF Law mast con
form 10 the change, aud regard that As =
dollar WaLch Congress declares 10 be So
a judgment u suit upon = note INST
oe rendered tor a certain sum II nouey.
expressed II dollars and cents. Execution
must issue tor this sUn, with costs aad
the amount is TO De collected five we're
to add 20 the amount Of the note and iater-
est, further sun, for example one hRu-
dret dollars a. q premium in specie. the
execution would sriu ae colIecuhIe il
t9GGGy- u lie 1LEsE CD1-1 seize sun
cIsur auOunL OF gold or silver 70 paw the
execution aad costs, ne you'd pay 70 the
plaintiff the specie, and thus lce plaintiff
would oaLaLa more Lcaa the amount OF MS
deot- L the defendants goods should De
sold at auction o. execution, aad the yur-.
e6asers should pay n specie the same re-
suit would follo#- If land should be set
OF On execution Is value may be so
CHANGED oy the coalition CT the cur-euc7-
as 70 AFFECT the interests Of the parties ma
tsrlA-J- L may De that the Judgment VII!
remain ansatIsded I'LL gold shall, ~ ugr
caand.ss, sink beLoz par This would
again affect the interests Of the parties aaG
the value Of the Judgment. Tae weekly
1uctuauons OF the geld market are con-
5tant-y operating II Lhe sane Eay.
But these are matters which are beyond
Ins rsaea Ct coa-rs u EzW- They rgoiTz
Values an1 sometimes equil.e4 which 40
judicial trloua1. can ADJUST or rsgulate--
All that courts can DO i 70 lreaE a. noueY
ina; Ralca the sIataies If the CuiIed
States legally enacted declare . be money.
4 Il were 4 car power % render spe-
cite Judgment, designating the species of
currency II Which i za0uld De paid, xa
might avoid sons of the existing difficult
les bat We have Q0-sCch authorItT