Political Quotes

On the record
Hence in providing a circulating medium they conferred upon Congress the power to coin money and regulate the value thereof, at the same time prohibiting the States from making anything but gold and silver a tender in payment of debts.
Said by
Andrew Johnson
Democratic · Tennessee

Editor's note · Context

Johnson explains Congress's constitutional power to regulate currency and restrict state currency practices.

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More from Andrew Johnson

Apr 12, 1868

I transmit a report from the Secretary of State and a report from the Secretary of the Navy, with accompanying papers.

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May 5, 1868

I transmit to the Senate, in further answer to their resolution of the 14th of April last, the accompanying report from the Secretary of State.

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Jul 17, 1868

My object in this communication is to suggest certain defects in the Constitution which seem to me to require correction.

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Jun 28, 1868

I transmit to Congress a copy of a dispatch from the United States consul at Elsinore, and of an instruction from the Secretary of State to the United States minister at Copenhagen, relative to an alleged practice of the Danish authorities…

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