Political Quotes

Lysander Spooner: But the obligation of a contract to pay money is to pay that which the law shall recognize as money when the payment is…

On the record
But the obligation of a contract to pay money is to pay that which the law shall recognize as money when the payment is to be made.--Legal Tender Cases, 12 Wallace 548.
Said by
Lysander Spooner

Editor's note · Context

Spooner asserts that the obligation of a contract is to pay what is recognized as money at the time of payment.

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