, 1869-02-20

do lars mutt bc tattAdet oJ Lender ol n eqaal |
for saving Tiara ntsact TO pay note oo!1ass must
be sA:t1ca By tender Of an equal num Set oi coln
On se nes asg es ,Se
th.t tie :cnccr must b. according TO the tes1s OF
the contract hat vi ais Lot left 10 gather the IN.
with The Cot, age ac's. The Cutrenty acts shem-
sclses pro.ldr lot payment In coin Duties
nI,s., on 1s e: pubic deS Saa in IN e eGS sD
renee Of other exoress provisions. mus: be pa'd
IN com sna It nardlT T. qulres arguntn' TO psose
tha, Ibis pcs,.iyr requirement cannot be fa!1ca
II cout1acss betwern it I,ytcna TO par coin do-
lars can he tat she'd BY ode!s 10 psy taeis noui.
II al equivalent In note collars. rnc merchant
coin When he requires. The INK which receives
the rom on deposit con'rs:ts to pay H. co!n on
Or lie Ccestm Wousc, cautsacte 10 pay os deliver
tee cotu according To his instructions. rhctc
all c. nss.rtt. either express or 1mp'ico, to-
paid In coin ,he.e con,rsc,s eaanos BE- coforcsdg
An tn-truc'lye tlIutn4tion may oe nctlve1 # m
pe., h.' Ill an e. The
naeu e1etM fts cuHsrs Oh imports. mar be
paid In Tilted slascs noes. II: th"n, the
col.ecleu from dutl =, eOn1ra:'s With sono /
sark OF lnc1F;crat Tor tnr Eecara anauat to HI
p.1f. rm. d by he lender Of an eaasl amou2l n
note dollars. UIdoahtedy it may Il the note dol
ltrt are Ral icrderto The gosetnuae- Il tot alt
duestx ept annes cn itupotts. and Yet cens,tuc-
tlon which trp -a1t sn:h Il tr4ntae',ou woulo CT.
f,atAsc ,nper att Int. nj ot The act Another
illur trat Ett lc-s iLs:Iuc lie ma, 10 found Ia
the cot trsrte q The goeet rlent with caSosltlr r.
OF bullion Al ,he Mint 10 p., ,hern the ascestanca
va!ne OF thtir oetort- IN solr. Tee.e arc Cemands
the public debt, and 1ae lett Of The certainly
rAees United states Loset pasapie for aE1 demands
against the government. except such interest.
aa:pea. CAT tutic3at sanction bt Gtsen 10 prop
eition that the gQsernmsEt may dtssnar4e u
oo!!sa!ion y. shs deposi,ors 9! bullion b!
| tqnnl TO tie pntnbcr Of coircd dollar, which II
h,s G nts. esed By law TO pay. Hat We need not
bsotd controversy 'ha: The aei ma,t rec ave rhs
| seAst nshle construction not only warranted. bat
IsapiFsd hy ths ss.'3a,ison of ttt pIoSlsons
lion % Il n must b. heia to rastasa t1s p,opos.uoa
onl7 be .a,,lntd by the ,,sya,rnt Il con dol A.
These are not debts wh1cn may be eatltted by
the serder Of thr utlhd ctaset. It follows tnal
! The tendet Of such notes in payment Of the bond
u1acr consioers,Ior, was not warranted In l.R,
and The decree eirteun9 sattsfaStion Of the mort.
}he proosr to BE-
tered on eonracts payable 10 coin. fnis DIN mi
ty'artaes fron the tpr7oet;ion faat aama.cs c1n
the act Of l7ys provide. thai "the money of tic
coin Of tue United sfat*e STA be expressed
In dollars. dimes. cents and mills and that Ill ac
counts in the pnDltc flc- T. AID oil proceedings il
| the cour.r f1he C1ited Statee, -hsl be kspt SID
lad IL conformity to this regulation. ru.s tesu
3aAQD le p'El VI aIe IFtL CG1E3Kt ACs> aQu u0uDL
but It veneral egu'atton and relates to al &C
counts ard al laaidal l1oceeinss. When
tuned hs law. both e1p,essea in doliars, and bott
made cu1Eent IN pa1meE'. II IS necessary, In ordt
pfeScIs an g1ity AZ 70 nrssent I.'1ass
, alike 10 both; whcr. ID rsforc, contracts md
. payable ia coin are tptd upon, judsae9t nay
aEd whtp coE'fse's havr uecn made n,yao:e j
| dollars ccncray, without specifying :
!. entered accordingly. without sucu de.cs' p'so1
! We have a'sead1 aaopeo this tuls r. 10 ,sucs
gea of y he se 81 csSe1Ds
; Cliled states for one thousand three hundred ~
eGaiy sshs dolla:s 81 anS d ten sens gsysols tn 80
J. t,ten lndiEduats fos The payment Of coin may
=. cntcred IN l.kt manner. L. fe+ults that the d
be zser, anu the csuse relnauded to taaE ecu
!tass ese'P 5u:'es ss;r concluded M
s. Iaserpi 10 the resul, which a mator!t1 OF tt
: Court has arrived At. that an express coatrac.
. ssct s' ii February i. ISL. COMMONLY calia i i
u kesl.Tencer SC, T. rot wnhln The clause y II
,. eu:Hd atnst all possibility Of ms.ppreae
a! tion hY Rtat,ng that u thtre be aAS rea+onln.
"a ne opinion Q, The N J'rl,y which ca h aat
# | ttreive ny assent
III Mr.. Justice *Mayns said:
oi ch,si Jusiee. Nj opin:on proc: eos en',1e A.
0, upon the lsIcuage ot tue contract AID The CO
y. siruci. 7 6: the statutes. TIE Question o! !
lat ccn.tuuiion.l power Of I ongrers. II my inc
en- mtar, Dc ca not aI:tc IN thi-caee.
10. btr. Justice h1tler remarked;
Lo ag!sS ea,1 !" III .at' ~ " 1ae
y. biief statement or my lca.uns for ncltevlte ',
Of the judEmtns Of the Cong; Of Appeals OF n
rs: correctly tta'e. thar the contract in tn1e CA
nd made heftra the passage Of the act nm "
sI LID ssa ;S Tss eoa IT,
Ier tcr,lon Of both p,ft,e. to 1h,a cou:rac. th,'
e
a. the law Stood when It was maze, Wac tra
afs stonli pe paid IN eotf' aaa eoaa DC PIC IN 20
cit contract Of the paFt.es and the law Qc
|all which that co: tsact VA. made. But do
to sia.tstion d.Gestd. either IL The intention VI
ue part. Ct IN itt Legal e'. rom contract =
ses s,ioo, wtsont any !u .theE de:e1ptl e the q
s,lcs tas sdopt'ol q The FedtTai CorstIuii
eoases M do Y
cnt liver. These we're The lawful mo.ey Of
.ds United Starcs ner1io cd iu the contract. End
,ce' c.nuat, bey.1a what the Ia gave. thlsc 4utr
e.. then die uos dtdtr 10 i'a legal ool1gstion Il
nss y pa ins 70 - oo A.. nas4
~. ihe parties in utln. lte words "gold ard Al
e!F. CON- but IS l have shown that inc intent I
sos 1ns no sea
us, rec their ltoportaIce fn uiatinpuIsnlnE Iht8
me. rac, fton Others which omit the1s Words.
act tsin1s every min who al thai date received Z
lo!e payable IN dollars expect. q a.a had r1Rh
re. expect 10 &c paid IN geld and a'lT7r eosn l.s
and uand ii. There vas. therefore, 20 difference
tus. Tue l1tepoE o1 tt partlcs In tee tXs1 obi
'een tor. between such contract ard an ofuti
sed. cc1tract T. the pay Mt Of mcney 70 far "a
bed rights ef,he psyc 10 e1a-t co1n Ia eo.eesncd.
and amia&ked Why :tote sords ar uaed IN this {
to ins5 a1s%es lnes Msrs o.sa "a, 9 gt aband ~ ;nt
the IL tee ot.tes 10 mntc lecar'e1ccs laWs-
s.ee very vel srown that und.r tne
1sm 5s .. atI the erreney n usa tos
ID 4 any y,n p1:or - the issue Of Iegattcnd'r
!lar, ty he rnicd otare; there was dlEefencc
In tween the v1Iuc Of that currency and god.
,the eolo, and II vas tou a'ie=sio eac une any p
,e es bss =. to- uods sd
e In vera need, AID Il. With any 1e'crta nee to p
.oed bic Ct aree in the Law. Of eyal udes e.tan
9ota b. the Unl.ed s,aie., which bad never dan-S
ten sixty ,. tLat The government had f'een ~
ltral ,stcIe1 under the pfcrt n1 Constitution ce:!
i sEy'11ns .ee to-, o. isSa! se q Lawful
lr:ty prehtnt tne scope Of the opinfoo d. tistr.'
inc CHEF Ju.s.cs. tic effort su prove for this
lined tact tpec:ai l1teIt u; pay roeut 10 geIt Il
NV IL tic pn1rose br ns:ne il within lie prin
al1 | there asserted bath b. express words an
a:iDn strong fnr1lcAften teal all cDLtr1cts mast be
tne accordrc to the iEt u Ion Of t3e parties ms
:uar- them / think an not n etaAen IN my rec,
mel ,lcn tt1t Is nfoAd asserted ttat it is the
Z ID ncss OF COURTS OF 3nsice to tnicree contEac
i1ret frry are ,rt co hy the 4rttes acd tna 1ht
'pi-d der must be AccorclrG 10 tho lnte1t Ut the
ue!s tract. Now. II tie argument used to show Il
ana tent Of The faft:e- 10 llE contfaet - VI any
sac9. III thts con1+ cEt1p, 1t wou prove thst sue
} ne ttEr uu+ ertt r into anu .nrm contsoliipl
Alns. mcnt in tb- fudcmett CT the Court IN cons Il
eixh: The Legal .Tenaey ac.e. ehaIl not cou.aue
ure r sny at1emnt l., 81 NV = at The cot Iract IN
by Of csse l. III or tn At Chr rsee- ea,d tnst the
2 IL II wte abont 10 IT, ne should h= Esc!ised rs
FolcA ! t'CGer In p.ymtut OF all TF1ffe oeo
e DE- tufe1ted that which :he.e ~plce up
iaes: | ate)y cutrey. To as-ume tnat Co1gfess
y q cot ln,4pa b. that &c. 10 au'n Eize 2afnen!
Gala men:ur dit III s rom = al "nss2 tae pas1a
ctted terott by tie con'rar,. Is IN Contra 7leon
:1i1y. e.ITe lsuYrAre OF tne sta.ure, 10 fhe sen
car N Wh,cn 1t y a. hctto IN BY the people ~n
y rae ana lscd tnote es II sch7EEs o. 1ht
u TIC foY lnclcul,b bic III Ilcns Ct collars. "hsre
oe | dol 4ls hat been In II contenpI1slon ol toe
sr oi ttes Wbt n the to1tracss were mtde AID 70 Y
ndagd ettlnrs or lhe highest Courts Of dfeen sta
I me tne The uIh I. btlIE all that rave passed uoo
livery k1h{tct. A. have no Goubt that II VIA mt
rscs hy tttse ats 10 make the to.es OF TIE l
q s1i- States to r hiCh they applied. lvTal-ser:
thing ali cr1y hte debts tnen d0s. OF which mig gat o.
'e1xf due On tontratl8 than In extstfuef% EXEC
1t b5 Fsrr 10 the ntn1 Of the parties on hat pt
det mu.t dtss. nj from rte judgment Of II. Co1l
cis. ron the pplnlou on which It Il IorLded
. con.
weight
IL GREAT F1RE.
lc fsrt
desed
IS. Of ~,.., yro,d,h~da rxu
xr -1.Cf1n Cords OF Wood D .str. ]