On the record
It is true that you may exercise one power and decline the other; but if you assume the power to issue bills of credit, I am at a loss to understand how you can deny the power to make them a tender.
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gutenberg.orgIt is true that you may exercise one power and decline the other; but if you assume the power to issue bills of credit, I am at a loss to understand how you can deny the power to make them a tender.
He questions the logic of denying the power to make bills of credit a tender if one accepts the power to issue them.
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