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To: mylife
Will these California things survive an Article I test? These notes may fall under the several things that States bound themselves under Article I not to do, including the prohibition against making anything but United States money (or "gold and silver") legal tender.

IOW, California can't do this?

18 posted on 07/03/2009 3:38:50 AM PDT by lentulusgracchus
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To: lentulusgracchus

I dont know


20 posted on 07/03/2009 3:44:48 AM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: lentulusgracchus
the prohibition against making anything but United States money (or "gold and silver") legal tender.

The actual clause is: No State ... shall make any Thing but gold and Silver Coin a Tender in Payment of Debts" There is NOTHING there about "United States money." In fact in Thayer vs. Hedges 22 Ind. 282, 286-87 (1864) the court said: "States, though they cannot coin money, can declare gold or silver coin or both whether coined by the Federal, or the Mexican, or the Spanish Government shall be legal tender." Thayer also said, "The words delegating to Congress the power 'to coin money,' regulate the value thereof and 'of foreign coin' do not include the right (sic.) to coin money out of paper."

We've come a long way, baby.

ML/NJ

66 posted on 07/03/2009 6:20:41 AM PDT by ml/nj
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