OTTOWA, IL, May 19. – The court reversed the judgment in the Wright case, deciding that the law requiring the revenue to be collected to be paid in gold and silver alone. It is as obligatory now as it was previous to the passage of the act by Congress, making treasury notes legal tender in payment of debts. This is a subject exclusively within the control of our legislature, and with which Congress has nothing to do. The legislature might require all revenue to be paid in gold alone, or in silver, or corn, or cattle, although gold and silver have always been legal tender in the payment of debts. An opinion at length will be hereafter written.
– Published in The Burlington Weekly Hawk-Eye, Burlington, Iowa, Saturday, May 24, 1862, p. 4
No comments:
Post a Comment