The Money of the Constitution

The Money of the Constitution PDF Author: Allen Ripley Foote
Publisher: Forgotten Books
ISBN: 9781330439524
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
Excerpt from The Money of the Constitution The popular phrase "The Money of the Constitution," strictly construed, means the money authorized by those who framed and adopted the Constitution in the first coinage law, enacted April 2, 1792, and approved by President George Washington. The Constitution itself does not designate any particular kind of money, but delegates to Congress the exclusive right "to coin money; therefore, anything that Congress may authorize to be issued from the United States mint as coined money is Constitutional Money. For the sake of popular recognition, it will be assumed that those who use the phrase "The Money of the Constitution" most frequently and with greatest unction, mean the money authorized by the first coinage act of 1792. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.