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14187553? ago
i'll just leave this here... Full text of "Senate Doc 43 Money Banking History Senate 43.pdf The ultimate ownership of all property is in the State; individual so-called "ownership" is only by virtue of Government, i.e. law, amounting to mere user; and use must be in accordance with law, and subordi nate to the necessiti es of the State. The fact that citizens, at a given time, may prefer specie to currency, or vice versa, can not prevent Congress from enacting those laws which it deems necessary to the maintenance of a proper monetary system. If the law makes specie and currency equivalent for purposes of payment, a failure to pay a given sum in specie, according to contract, cannot possibly beget an obligation to pay a greater sum in legal-tender notes, whatever premium men may choose to five for gold, when forced to obtain it for a specific purpose, or when impelled by a spirit of speculation, or by a distrust of Government. (Brown v. Welch, supra.)
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14189941? ago
Finally, someone that understands 1933. Thanks, anon.
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