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Monetary Laws of the United States, Volume I, is the narrative which discusses many of the monetary laws enacted by Congress, which are included within an appendix in Volume II.
Read Monetary Laws to discover that only gold and silver coin are the only legal tender money in the United States of America as that term is understood by the U.S. Constitution.
In 1862, legal tender paper currencies were made a legal tender within 'the United States' as defined to be the district constituting the seat of government of the United States.
In 1933, F.D.R. issued executive order number 6102 which called in gold as a margin call only for those 'persons' defined as member banks of the Federal Reserve system and their shareholders who agreed to send in gold to cover their banking liabilities (which then were under serious strain). No American can be deprived of private property without due process and just compensation.
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Subjects
Money, laws, monetary, gold, silver, coin, gold confiscation, gold prohibition, legal tender, paper currency, legislation, executive order, presidential proclamationPeople
Franklin D. RooseveltEdition | Availability |
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Monetary Laws of the United States, Volume I, Narrative
2012, Patriot Corps
Paperback; eBook (PDF)
in English
0000001376 9780000001375
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Monetary Laws of the United States, Volume I, Narrative, provides an in-depth inspection into our nation's monetary laws, highlighting our deceptive conversion from gold and silver coin to legal tender paper currencies and finally gold confiscation.
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Feedback?July 28, 2017 | Edited by Matt Erickson | update links |
August 22, 2013 | Edited by Matt Erickson | Added links, identification numbers, physical dimensions, author |
August 2, 2013 | Edited by Matt Erickson | Added new cover |
April 5, 2013 | Edited by Matt Erickson | Edited without comment. |
April 5, 2013 | Created by Matt Erickson | Added new book. |