Argument Against the Power of Congress to Make United States Treasury Notes a Legal Tender. Supreme Court of the United States. December Term, 1870

Washington: Gibson Brothers, Printers, 1871. Pamphlet. Good. Item #007068
ISBN: noisbn

Pamphlet, perhaps disbound from a larger work. Lacking any wraps that may have been issued. 78 pp. A lengthy argument against the use of US Treasury Notes as legal tender for use to settle debts between private individuals. Potter cites the history of coinage and money as metal, versus the issuance of paper money, or currency, citing perils of using paper money with no intrinsic value, among other concerns. The treasury notes in question were issued by the federal government for short term debt obligations, eventually replaced by similar issuances by the Federal Reserve after 1913. Potter was a lawyer, as well as a member of the US House of Representatives. GOOD condition. Binding holes present along the spine, with some wrinkling, stray binding threads and minor wear along the spine also present. Faint vertical crease present. Text clean and solid. Sabin 64622 (among other works of Potter).

Price: $30.00

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