To: Mulder
Since gold is the only Constitutionally-authorized money I don't think the Constitution specifically mentions gold. However, the word "dollar" is mentioned twice, and it thus refers to the dollar in common circulation at the time, i.e., the Spanish milled silver dollar (which was later specifically defined by the Coinage Act of 1792 to be precicely 371.25 grains of silver in weight).
30 posted on
02/01/2004 7:29:31 AM PST by
Xthe17th
(Return America to a silver backed monetary system one dollar at a time! www.libertydollar.org)
To: Xthe17th
I don't think the Constitution specifically mentions goldBut you're wrong.
Article I, s. 10 is very clear.
34 posted on
02/01/2004 7:42:05 AM PST by
Jim Noble
(Now you go feed those hogs before they worry themselves into anemia!)
To: Xthe17th
I don't think the Constitution specifically mentions gold The Constitution gives the Federal government the authority to coin money. It does not give them the authority to print it.
It doesn't specifically mention gold, but the word 'coin' refers to either silver or gold.
35 posted on
02/01/2004 8:01:17 AM PST by
Mulder
(Fight the future)
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