Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1879-02-20
Has The Government a Right TO Reissue
Grcenbacks.

the following sentiment.
A nroipct has hepn entertained hv sono
gentlemen nrominent in 6n,nciol c;rclns
| t, fest tbn c,,sfitnti1nality nr tho nw
for the re;ssuc Of tho iagai tanders II !.
known to Ln tbo o,;nion of nr,in,rt an.
thorities tbnt tLn tunrnn,e court INNS,
condemn tLe law ' 'S'
"It i, this that d;s,urhs Tho Evrross
Bnt the 'nroinrt' is not now II Is cer.
'tain the supTemc court conld not doridc
That the issua Of grrcnharks in fine Of
pracr il constitutional that has hrcn
clear TO all men eyrent those who ore ca.
pable of rolllirT rnnr. .r,in nnJ ,rhnr
one comes 10 flat tbcro i mn mood ~ saw NO.
ANYTHING moro to HIM orohont lin Nov
when n lc~1I fender notn is radanmed-
when tbis demand note of thr gorerr.
mont ;s rrcniveI ard ,,a;lN NLa, ~ ,,l,,
e,nment a r;obt to iys,in i a,,a;r9 ,Fhat
is ibn nuestion Tho coSe 6"l,ht 10 Io
made M. IN" cong,essionoI orf tbe nrr.
nose Of which was to forro reissno s rroL.
ably a, nnconsfitnt,onal ns II i marHc. p,rc
dent"
The Commercial ossorts that ,bo yrrrcro
court ronII not icc;jr HAT tbe ;spne T",F or
greenbucks in time of neare ,T Is consi;tv.
fionaI, nnd tnat their raisSue ortor onco
hoyiny hcen no;I or reioameJ is oor;y,.
lrnt ia m or;g;naI ;ssno onl dr'" d"nso-
onentlv tbo oct of Nav Ias+ raou;r;n,,
their rrissne is nnconsiitntionaI ''''
The Sunremn court bas onca doc;dcd
thclr issue constitutional, and that with
out any reference TO war or peace, and
that congress mad the solesnghtlto determ-
Inc when their issue was necessary for
the genera good. As there is no doubt
that a ''c3e is being made up" like the
tred Scot case, to afford such protcc-
lion to the monopolists, as nlether COM
mon sense public, opinion, nor honest
| legislation VIII confer. 1t is timely to quote
Literally from former opinion OF the su-
preme court, touching the point under
discussion.
The cases of Knox vs.. Lee, and Parker
VS.. DAVIS, were consolidated and brought
before the supreme court Of the United
States, and at the request Of the court the
question OF the constltutlonality Of tn
.cga! tender acts was fully argued and
iinally settled by the court so that the
questions might however be put at rest
In tins case the court decided as follows:
Before we cGn hold the legal tender
acts unconstitutional we must be con-
yinced that they were not appropriate
MEANS or means conducive to the exccu-
ton of any or all the powers of congress
or the government, not appropriate in any
degree, Itor we are not Judges Of that
degree OF appropriateness or we must
hold they are prohibited. "-l2 Wallace
United States Supreme Court Reports,
page 500. "
"The degree Of the necessity for any
degree of its appropriateness, is for con.
'deration in congress, not here. When
the law is not prohibited, and is reallycal-
culated to effect any of the objects en-
trusted to the government, to undertake
here to inquire into the degree Of its me-
ccssity, would be to pass the line which
circumscribes the judical department and
to tread on legislative ground. ibid, jl2.
The constitution was intended TO frame
n government, as distinguished from
league Or compact, government supreme
in some respects over states and the pe1-
pie. 1t was designed to provide the same
i currency, having uniform legal value
in all the states. 1t was for thcreasOn the
power to coin money and regulate the
value thereof was conferred upon the fed
eral government, while the same power,
rs well as the power to emit bills of credit, |
was withheld from The states. The state
cn no longerdcclarc what shall be money,
OF regulate its value.
"What power there is over the currency
is vested in congress
"If the power to declare what is money
is not vested in congress, it is annihiIated. |
Ibid. 5ij.
"And generally when one If such pow.
rs was expressly denied to tine .tatcs il |
vas for the purpose of render. .',a fed. |
raj power more complete and [, ,usiyc.
low sensible, then, its trainers have
seen that emergencies might arise when
the precious metals might prove made. |
duate to the necessities 0ftbe government |
and the demands of the people' When il |
is remembered that papcr money was nj. |
most exclusively in use in the st1tes MS the
medium of exchange. and when III. GREAT
evil sought TO he remedied was The want |
of uniformity in the current yalre Of
money. if miTht he argueJ wn saw That |
,bc III Of no%or to coin ,oro, "" o"1 r"l rs ,n"O
late the yaiue thereof was undcrstood ne
conveying general power over thc cnrrencv
lnl which had belonged to tbc statss 1ni
which thew had surrGndered =" iIbid SIG |
"By thc ohIiration Of a contract T 70 ,, nnv
money is to nav that whicbi i"w sI.Ii Ii p"s @
cogni1e rs money when tba nawmrmt ,'w t' is 70 70
La madn r"' 10 '''''' wiz" '"' l'' ''''i' 10 "
'lf there is anything settled by deCis- |
ion II ie thie and ua Jo MOI uniorstn,,l