The representative. [volume] (St. Paul, Minn.) 1893-1901, 1901-02-14
OUR RpRUn

The constitution btAhe United States,
article first, secti a tight, says:
Congress shall have power to coin
money and regulate the values thereof,
and of foreign coin"
Tiffany. on constitutional law, chapter
IL. section 400, page 221. says:
That upon which ge stamp is placed
is called coin; the coin may be metal,
parchment or papers The value is in
the stamp and not in the metal or ma
terial."
Citations of the sureme court: Wal
lace reports, vol. II, page 54S says:
Contracts for the payment of money
are subject to the authority of congress,
they are engagements to pay with law
| full money of the United States and
| congress is empowered to regulate the
! money. The constitution does
| not ordain what metals may be coined
| Nor does it prescribe that the legal
value shall correspond at all with it's
intrinsic value in the market" **
In the case of D. Juillard VS.. Thomas
S. Greenman, in supreme court, 1884,
court says in conclusions:
Congress, as the legislature of SOW
ereign nation, being expressly i'm
| powered by the constitution
| to coin money, and regulate the value
| thereof, and of foreign coins, and being
clearly authorized to coin, as incidental
| to the exercise of those great powers,
| to emit bills Of credit, to charter nation
al banks, and to provide national cur
i rency for the whole people, in the form
| OF coin, treasury notes and the
power to make notes of the government,
legal tender in the payment of private
debts, being one of the powers, belong
ing to sovereignty we are irresist-
ably impelIed to the conclusion that i'm
pressing upon treasury notes of the
United States the quality of being
legal tender in payment of private
| debts, is an appropriate means, con-
ductive and plainly adapted to the ex-
ecution Of undoubted power of congress,
CONSTANT with the letter and spirit of
the constitution; therefore, within the
meaning of that instrument, necessary
and proper for carrying into execution
the powers vested by this constitution,
of the government of the United States.
1t follows that the act of May 81,
1878, is constitutional and valid, and
that the circuit court rightly held that
a tender in treasury notes, reissued and
kept in circulation under that act, was
a tender of lawful money, in payment
of the defendants debt to plaintiff
Many more supreme court decisions
could be cited to prove that congress
has the power to- create money out of
any material it pleases. The decisions
were caused by the, money power, which
caused suits to be brought to prevent
the government from issuing legal ten
der notes. Even during the CIVIL wa.
this same power had its agents in con-
gress, on the supreme bench, it's corrupt
ing influence was felt to that extent
that it was absolutely necessary for
the president to remove some of the
judges of the supreme court of the Unit
ed States during the civil war, in order
to get the plain, honest monetary deci-
sions above referred to.
If the court had adhered to it's first
decisions, it would have been disastrous
to the union cause, but what did the
money mongers care? They never had
any patriotism, or tender feelings for
suffering humanity; they will have their
per cent-like Shylock, must have their
pound of flesh.
Judge Warwick Martain, author Of
1.-THE Money of Nations Historically and
Legally Considered says:
Money is made by laws of the several
cosmopolitan, and very rarely interna-
tional The laws of nations make
money, and the laws of the several ma
tions within their boundary lines un-
make money"
To illustrate, he quotes acts of con-
gress, coinage laws of April 2, 1892,
which made foreign coins legal tender in
the United States, as we'll as define and
regulate the minis in the United States
This law was changed in 1884, putting
less pure gold and silver in coins of the
United States, but the coins of what
ever denomination or date, were full
legal tender for what was stamped on
their face.
By the law of Feb q, 1857, all foreign
coins were demonetized in the United
States Since that date, says Martain
no foreign coins have been money in the
United States. The law made and the
law unmade this money; it's being gold
did not protect it.
Up to 1853 all subsidiary coins were
full legal tender for any amount The
act of 1853 made dimes, quarters and
halves per cent light, and legal tender
for S. only, up to S. they were made
equal to gold and silver dollars, but
above that sum. they were bullion PEI
cent light, the law makes the money.
But in 1879 these same subsidiary coins
were made a full legal tender for 800
othing but law makes this money.
Martain next refers to the coinage of
cents to show that law makes money,
act of 1892, authorizing the coinage of
a cent, containing .260 gains of pure cop
! ,,or mn DC nm Oroinc in ono dollar thoy,