And this is the theory on which the governments of England and the United States have always, with immaterial exceptions, acted, in prohibiting all but such small amounts of money as they (the governments) should specially license.
Spooner critiques the historical actions of governments in limiting the amount of money in circulation.
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The presumption clearly is that all were eligible.
Yet the codes of the most celebrated kings are very small, and were little more than compilations of immemorial customs.
Therefore all their laws, as they call them,--that is, all the laws of their own making,--have no color of authority or obligation.
All other laws, it is optional with each man to obey, or not, as he may choose.