This is saying that the obligation of a contract to pay money is not an obligation to pay what both the law and the parties recognize as money, at the time when the contract is made, but only such substitute as congress shall afterwards prescribe, "when the payment is to be made.
Spooner argues that contract obligations should not be subject to arbitrary changes by Congress after the fact.
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Any restriction upon the exercise of this right is a restriction upon his rightful power of providing for, and accomplishing, his own well-being.
One answer is, that this power, which juries have of judging of the law, is not a power of absolute decision in all cases.
The presumption clearly is that all were eligible.
In that case the trial is really a trial by the government, and not by the jury.