By repeated decisions the Supreme Court has held that the stipulations and terms of the ordinance remained in force after the adoption of the Constitution, unless a conflict should appear, and in such a case the ordinance would yield to the Constitution.
Boutwell explains the Supreme Court's interpretation of the Ordinance's terms in relation to the Constitution, emphasizing its enduring relevance.
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To protect the national honor, every dollar of Government indebtedness should be paid in gold, unless otherwise expressly stipulated in the contract. . . .
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